As Winter approaches and the New Year will soon be upon us, now is the perfect time to review your Will and estate plan to ensure that your affairs are in order for 2025.
If you have recently suffered a bereavement in your family, we understand how difficult this can be. Dealing with a loved one’s estate can be particularly difficult to manage alongside your grief.
It is important to make a Will, no matter how old you are. By making a Will you are ensuring that the people you want to benefit from your estate will inherit it.
The death of a loved one is always a difficult time. The situation can unfortunately be made even more stressful if it is discovered that the deceased’s last Will is not as family and friends may have expected. This is particularly so, if the Will does not reflect the deceased’s wishes as they had previously expressed them.
If there’s any change in your circumstances, it’s always important to review your Will. This is especially the case for major life changes, such as marriage or divorce.
No matter how old you are, it is important to make a Will – and how we go about that process is equally so. Over the past few years, an increasing number of people have been opting for DIY Wills.
The Statutory Legacy Sum increase came into force on 26th July. The Government has confirmed that the fixed net sum has increased from £270,000 to £322,000.
In your twenties or even thirties, making a Will isn’t necessarily a top priority. Many feel they’re too young, they don’t own enough, they don’t have any children yet or they can’t afford it.
