Telephone: 01738 442299
Will & Estate Planning Services
A
Will
is
one
of
the
most
important
documents
that
you
may
ever
prepare.
A
well-written
Will
should
give
you
peace
of
mind
in
knowing
that
your
wishes
will
take
place
and
you
have
taken
care
of
everyone.
This
minimises
upset
and
anxiety
for
your loved ones.
For a Will to be legally valid, certain formalities have to be observed and a correctly drafted Will ensures that your spouse or partner,
children, family, friends and any charities are properly provided for.
It is estimated that 7 out of 10 people in Scotland do not have a Will. If you do not have a valid Will, then you are not in control of
who inherits your hard earned assets. You cannot assume that any spouse, life partner or children will inherit everything.
To die without a Will is to die ‘Intestate.’ That means that the Scots law of intestacy with a formula of ‘prior and legal rights’ decides
who will inherit from you and this may not be what you want to happen! In addition, there are costly and time consuming extra
formalities required in administering your estate after you die if you do not have a valid Will.
Why risk your loved ones not inheriting what you want them to?
Some of the important points that we advise you on in our Standard Will Service are as follows:
Copyright
©
2013 Kirklands Law Limited. All Rights Reserved.
•
The appointment of trusted people (known as 'executors') to administer your estate in accordance with your wishes in your Will
•
The beneficiaries of your estate
•
Appointment of legal guardians for any children under 16
•
Provision for any pets to be cared for
•
Specific legacies – you may wish to give certain articles and/or fixed cash legacies to specific persons/charities
•
Funeral Requests – this can ease the burden on your loved ones, if they know what you would wish to happen and who you would
wish to organise your funeral. We can let the local undertakers know now what you want to happen when the time comes
Your situation might require more expert advice and we offer an Enhanced Will & Estate Planning Service to advise you on:
•
The beneficiaries of your estate
•
Consideration of future care home costs
•
Trust provision for young children
•
Trust provision for a disabled person or an older family member who is unable to deal with their own affairs
•
Trust provision for the protection of assets – for example, in second marriages when you wish your own assets to pass ultimately to
your children, or for business assets where there may be succession issues in the next generation
We can help you create the Will that best suits your needs and circumstances, or we can review your existing Will to see that it still
reflects your wishes. It is important to review your Will regularly.