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Trusted Will Writing Chalk Farm
Your Local Will Writing Service Chalk Farm Experienced & Trusted.
One of our friendly team members institute of professional writers will chat with you about your personal circumstances and what you wish to include in your will.
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- One of the UK's most popular and trusted Will Writers
- Complete confidentiality & privacy
- We explain will options to you with zero jargon
- Simple, upfront prices
- No last minute bills or surprises
- Safe, upto date accessible storage options
- Free consultation with will writers
Experienced
- Legally Binding Documents
- Years Of Experience creating the perfect solution for you
- Insured and accredited For peace of mind
- Safe Storage Options and professional advice
- Advice For All Aspects of Finance
- See our FAQS for more information
- Open & Honest Advice for estate planning
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- We have offices up and down the UK
- Home Visits Available for clients
- Weekend & Evening Appointments available
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- Dedicated local Team for your area
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- Professional advice from probate solicitors
Do The Unthinkable
Nobody wants to think about dying, but it’s important to consider what will happen to your assets when you’re gone. Making a will allows you to choose how to distribute your possessions and property rather than the laws of intestacy deciding for you.
You can select specific gifts for those who are most important to you, making sure that heirlooms and items of sentimental value go to family members who will appreciate them most. Trusted Will Writing Chalk Farm can help with lasting power of attorney.
A will also gives you the opportunity to select an executor that you can trust to handle your affairs effectively, and leaving a will ensures that your loved ones will have no added complications or costs when it comes to administering your estate.
There are several reasons for writing a will:
Children:
In case you have children or even step-children under the age of 18 years, you should allocate funds and the person to look after them. estate planning is essential.
Divorce:
In case a previous partner remarries; you may consider updating the will to capture what happens to the assets.
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Property:
In case you have ‘tenants in common’ mortgage, its crucial to outline the fate of your share of the house.
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UK Will Writing Statistics
According to research by unbiased.co.uk in 2016, 75% of those surveyed had not reviewed their Will in the last ten years!
75%
In 2013 a survey by Certainty.co.uk revealed that 67% of UK residents were unaware of the location of their parents’ Wills!
67%
The three main functions of a will:
- To point out your executors you need to identify a trusted and responsible friend to execute the whole financial process after you die.
- To allocate your estate You have to define how your estate will be shared amongst those you leave behind.
- To mitigate inheritance tax In case you pass away without a will, there are stringent laws regarding whom and how your estate is shared.
This has some disadvantages:
- The money may not be directed to where you want
- The money is likely to be inadequate for inheritance tax purposes.
- Account For Your Finances and lasting power Personally
- Making a will is the most absolute way to protect your loved ones and give them a piece of mind at a difficult time.
- Death is vicious – we are all going to die someday. If this happens while you are will-less, besides the grief, the people you care about may experience a terrible financial nightmare. Trusted Will Writing Chalk Farm are here to help you.
- Planning for death may seem uncomfortable; you should consider how worse the situation would be if you were incapacitated or dead due to old age, illness or accident without sorting it.
- It is very important for you to know that regardless of your age if you have assets such as savings, a house, and business or perhaps people you would like to take care of, you should consider making a will.
- The assets that usually make an estate are:
- motor vehicles
- Businesses
- Properties & Household Furniture
- Savings & Bank Accounts Shares etc
- Insurance
- Pension Funds
- Personal Belongings registered under your name
- Then calculate the amount of debt you have. Debts may be a mortgage, a bank overdraft, a credit card balance, loans or equity release. These assets should be valued on a regular basis since their value keeps changing over time.
Not having a will is not
an option?
- Making a will can even ensure that those who inherit can make savings on inheritance tax while guaranteeing that your final wishes will be carried out.
- When it comes to getting a will, it makes sense to get a cost comparison to make sure that you are getting the best value for money.
- Trusted Will Writing Chalk Farm compares the market, saving you time over visiting every website while making sure that you won't pay more than you have to.
- Trusted Will Writing Chalk Farm are an institute of professional people that will show you all your options and assist clients to get a valid will that meets your needs at a price you can afford.
Commonly Asked Questions
It is often the last thing we decide to do – but writing a will will protect your families future. Trusted Will Writing Chalk Farm are ready to advise you today!
You are able to decide where your assets go and who will have them.
Here are some commonly asked questions answered:Â
The will should be transparent regarding your assets and lasting power of attorney. Ensure you have stated well who you would like to gain from your will. Decide where the remains of the assets will go (any money or property that is generally left after meeting the funeral along with administrative expenses, taxes, and legacies). State what to be done if one of your beneficiaries dies before you. If you desire to give any particular gifts to specific individuals like charity, ensure that you have included the correct information like the full names, addresses, and the charity’s registered number. Erroneous information might make your chosen charity to be denied the gift. This is a long lasting decision make sure it is satisfactory to you.
Executors deal with the distribution of your assets once you are dead. It involves a lot of work and accountability, thus think about the people you appoint cautiously.
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Professional advice for all legal matters, estate planning, mirror wills, third party stories available – from our excellent probate team.
Make your own will:
Make your own will and ensure that it is valid. It should be correctly drafted and signed. personal representatives can assist you. Call us specialist advice and for more information
Probate solicitors
It is typically best because they offer legal advice. Look for one who specializes in wills personal representatives may help. Ensure that they are registered with the relevant body. For lasting power
Banks:
Some of the banks have will-writing services as well as advice regarding asset planning.
Professional wills writers:
these are not qualified probate solicitors; hence, they might not be regulated. Do thorough checks if they are registered before you choose one? You do not want to mess up because of less research on probate solicitors. Legal matters and estate planning can be confusing we can help you.
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Your will should be in writing by a solicitors regulation authority rep, for estate planning and only you should sign it and witness by at least two people who should as well sign it in your presence. For lasting power. You should have the mental capability of making the will and also understand the effect that it will have. Finally, you should make the will willingly and not from anyone else pressure for lasting power of attorney. The beneficiaries, their family or civil partners are not supposed to act as witnesses; otherwise, they will lose their right of the inheritance. They are not even supposed to be present when the will is being signed. It is not advisable for an executor to be a witness. Estate planning is an important role.
The will can be signed on your behalf if you are not capable provided that you are in that room and you have the mental capability to make the will. It should contain a clause stating that you understood everything prior to signing it. In case of a severe ailment, probate solicitors might require a statement from a medical practitioner certifying that you have understood what you are about to sign then you can get an attorney. You can as well appoint somebody personal representatives else to have a short-term power to sign your legal documents by giving them a general power of Attorney. Speak to a probate solicitor now or our will writers for trustworthy wills.Â
You are supposed to review your will after every five years or after a significant change like a moving house or new grandchild, and you should never make changes to the original will. For minor amendments, you can add just an addition, called a codicil that must be signed and witnessed just like the will, even though the witnesses don’t need to be the same. For significant changes like remarrying or divorce, the will requires to be changed. Estate planning can we tricky we can help you.
We create legal document and trustworthy wills.Â
Worried about funeral arrangements, mental capacity or lasting power of attorney and lasting powers.
powers of attorney we can help with the whole processÂ
You must make a new one and cancel the previous one. For lasting power.Â
Call us for more information on home visits, estate planning, best way to deal with inheritance tax
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