Ever thought, what happens to your property after you die? Is this the time you should make a will? What would be your status, if died without a Will? Who will dictate distribution of your Estate under such circumstances? Possibly, the State directs who inherits what after your death, so your friends, favourite charities and relatives may get nothing?
It is highly recommended for you to make a Will if you are not married or if you are not in a registered civil partnership (a legal arrangement that gives same-sex partners the same status as a married couple). Why recommending Will, because the law does not automatically recognise cohabitants of you and your partner (for partners who live together) as having the same rights as husbands, wives and civil partners. As a result, even if you’ve lived together for many years with firm bonding, your cohabitant may be left with nothing if you have not made a will.
A will is also vital if you have children or dependants who may not be able to care for themselves. Without a will there could be uncertainty about who will look after or provide for them if you die.
Legend Solicitor is one of the best solicitors in East London, our solicitors can advise you on how inheritance tax affects what you own.
You should also consider taking legal advice about making a Will if:
- several people could make a claim on your estate when you die because they depend on you financially
- you want to include a trust in your will (perhaps to provide for young children or a disabled person, save tax, or simply protect your assets in some way after you die)
- your permanent home is not in the UK or you are not a British citizen
- you live here but you have overseas property, or
- you own all or part of a business.
At Legend Solicitors, we will help you out in visualizing, who get what after your demise. Who all are going to be the beneficiaries? If you have any minor children, who could be nominated as legal guardians after your demise? Allocate funds for miscellaneous activities, as per your personal wishes. Who will be the executrices as per your Will?
We are one of the top conveyancing solicitors in East London, Our expert solicitors in this field can help you get a fair outcome to your disputes or issues.
Call us on 020 3130 1747 or E-Mail us at email@example.com