It is essential to create a properly drafted will. Wills provide you with peace of mind, making sure that your wishes are carried out in the event of your death.
Many people do not have a will and put off creating one for years. At Kingsley Smith Solicitors, we know what an overwhelming prospect it can seem. We are here to help. Our experienced and understanding team will take you through every step.
If you’d like to discuss creating a will and what the process involves, get in touch with our friendly and experienced team today. Give us a call on 01634 811118, drop us an email at email@example.com or make a quick online enquiry.
When should I make a will?
If you don’t have a will then it’s vitally important to get one in place as soon as possible.
If you already have a will, but haven’t reviewed or update it in the last five years then you should strong consider doing so.
Key life triggers such as getting a new job, moving to a new house, getting divorced or having children are good points at which to update your will. You can appoint guardians to look after your children and invest money for them. Creating a will enables you to leave money to family, friends and charities.
At Kingsley Smith Solicitors, our experienced team can advise you exactly what needs to go into your will. We can help with unusual queries too, such as what happens if one of your beneficiaries or executors die before you.
Drafting a will
We have many years of experience at will writing and can take you through each stage of the process with lots of support and explanation.
- Firstly, we arrange an appointment with you at our offices based in Chatham, where we can discuss your requirements. Our Probate Manager, Lisa Simpson, then creates and sends you a draft will.
- After you’ve had a chance to read through and review the draft, you then come back in to discuss it with us.
- When you’re happy with the will, we will draw up a final copy ready to be signed / ready for signature. It’s that simple.
Find out what our customers think of our services and read some testimonials below:
“Miss Simpson treated us with great patience as we are both afflicted with problems. Her excellent secretary and the reception staff were also very friendly and smiley! Thank you.”
“I was very pleased with the service I received in drawing up my will. All my questions were answered and left me feeling that I had received the very best of attention.”
“Miss Simpson made us feel at ease and we felt very comfortable in her company. Thank you for your service.”
Choosing an Executor of your will
Choosing an executor of your will is an important decision. It can be a daunting prospect to sort the financial affairs and estate of someone when they pass away. You should therefore carefully consider who you would like to carry out your wishes as expressed in your will. When you approach those people, you should explain the level of responsibility that will be involved so they can make an informed decision.
We can help you appoint an executor or more than one executor who can deal with all the administration of your estate after your death. We can also offer to take up the role of an executor for you.
At Kingsley Smith Solicitors, we offer a tailored will-writing service to suit your needs. Our will writing costs are completely transparent and we won’t charge more than we have to. There are never any unexpected charges at the last minute. Get in touch for a quote today.
It’s really important to make a will so that you can make financial provisions for your family or friends when you’re no longer around. If you don’t have a will in place when you die, the government will decide who receives your assets in line with the law and not your wishes. This may not be what you or your family would like.
It’s advisable to instruct solicitors when creating a will and to avoid DIY wills and kits that allow you to create a will online. These services may appear cheaper, but the risks are severe.
The precise requirements of the law can change and if you alter a will yourself this could cause issues if you’re not up to date with the current legislation. Creating your own will is likely to be even more complicated if you own a large amount of wealth and assets. Without a will, these assets may be unprotected when you die.
We charge an hourly rate to review your existing will too, for peace of mind.
By writing a will you can help organise your assets to mitigate the amount of tax that gets taken from your estate upon your death. We can help you to reduce the amount of inheritance tax you pay, as well as advising you on ways in which to mitigate capital gains and income tax in the event of your death.
In your will, this can be done by the creation of gifts, lifetime gifts, gifts to charity and the creation of trusts.
Get in touch with us today, to find out more about creating trusts, gifts and to learn more about reducing tax on your assets. Call us on 01634 81118, email us on firstname.lastname@example.org or make an online enquiry.
We can help you set up and administer trusts that will allow you to organise and keep your assets safe. A trust is when one or more people hold and administer assets on behalf of another person.
A trust can be set up during your lifetime or in your will to be activated when you pass away. We can advise you on the options available and the tax implications of each.
Avoiding inheritance tax
At Kingsley Smith Solicitors, our experienced team can advise you on how best to minimise the impact of inheritance tax on your assets. There are lots of ways around this, including setting up insurance policies, using trusts and so on.
We can advise you regarding a section on your ‘last wishes’, which will determine any last wishes in your will, such as instructions about your funeral or donations to medicine for example.
It’s very important to plan for the future. A lasting power of attorney can help do this and provide peace of mind. This legal form allows you to choose someone else to manage your affairs on your behalf if you lose your mental capacity. You are able to decide how much power the person will have over your assets.
At Kingsley Smith Solicitors, we have many years of experience at writing wills and can guide you through the process at each stage. To enquire about creating a will, contact us today on 01634 811118, email us on email@example.com or make a quick online enquiry. Return to our Wills, Trusts and Probate main page.
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