Making a Will
The importance of making wills cannot be overstated. It is a decision that many people defer or postpone for a number of reasons. In practice, the steps involved are not too onerous, but it does require some thinking and planning in conjunction with your solicitor. At Tormeys Solicitors, we have a wealth of knowledge and experience in this particular area and are happy to advise. We can guide you through the process in a stress free and confidential environment, ensuring that your wishes are carried out in the event of your death.
Of the many advantages of making a Will, the following are the top five benefits:
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You choose who inherits your property.
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You can decide who looks after your infant children, if any, through the appointment of guardians in the will document. You may wish to discuss this with your chosen guardians prior to the execution of the will.
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You appoint the Trustees to look after your infant children’s property until they reach the requisite age. The trustees will hold the property for the benefit of your children, until they have reached the age of majority, or a specific age set out by you under the terms of your will.
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Making a will allows for tax planning and savings.
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The main advantage of making a will is that it gives peace of mind. You can be secure in the knowledge that your wishes will be carried out in the event of your death. It is important to note that your will can be changed at any time, should your circumstances or your wishes change.
*The above article consists of general recommendations and should not be interpreted as legal advice. You should contact a Solicitor to secure advice specific to your individual requirements. In contentious business, a Solicitor may not calculate fees or other charges as a percentage or proportion of any award or settlement.
