Making Your Will

Making a Will is simple when you have the right advice.  Rennick Solicitors have years of experience in making Wills to match our clients needs.  Our specialist solicitors, deal with Wills and Probate matters all the time.  We are members of STEP, an international organisation of specialist expert solicitors who focus on Wills, Probate, Trust Funds, Inheritance Tax, and Disputes.

By making a Will you get to decide who gets your estate and who controls it.  If you don’t make a Will, the law decides.  This might stop a loved one getting a share of your estate.

Do I need to Make a Will?

  • You should make a Will if you:-
  • Are married / in a civil partnership, and have children,
  • Are married / in a civil partnership and have no children,
  • Own property (mortgaged or not),
  • Are single and have children,
  • Are single and have no children,
  • Have a business,
  • Are cohabiting, and have children (either living with you or not),
  • Are cohabiting and have no children,
  • Are separated (either officially or unofficially),
  • Are divorced,
  • Have somebody specific you want to give a share of your estate to,
  • Want to specifically exclude somebody from taking a share of your estate,
  • Want to decide who gets your money / assets, instead of letting the law decide,
  • Want to give a bit extra to a loved one,
  • Have a disabled loved one,
  • Have a large estate,
  • Have a small estate,
  • Made a Will already before you got married / civilly partnered / cohabited / divorced / had children,
  • Made a Will already some time ago and your circumstances have changed in another way,

You should make a Will if you want to choose what happens to your property, and not the law!

Making a Will correctly

Each client’s situation is different.  Our experienced expert solicitors have met with a lots of clients and delivered their needs, in every situation imaginable.  We will make the Will you want.  It can be as simple or as complex as you need it to be!

Things to consider when Making a Will

  • Who will be the Executor (the person who deals with the estate)?
  • Who will I leave my estate to?
  • What will I include in my will?
  • Are there any special items to specify
  • How will I divide my estate?
  • Is there any tax implications?
  • Who will act as guardian for children under 18?
  • Should I set up trust fund and who would contrl it?

 

Your Children

Leaving your estate to your children can raise some questions

 

Children & Wills

Questions

Answer

Do I have to specifically name them in my Will?

No.  We can simply say  child or children”.                 

Can children inherit in a Will? 

Yes

Can children under 18 inherit in a Will?  Yes
Can money kept in savings for them?  Yes
Can it be used for paying for education and bills?   Yes
Can it be put in a Trust Fund for them?  Yes
Can I direct as to what age the inheritance matures?  Yes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tax on inheritance

Sometimes, beneficiaries (those who will get something from your estate) will have to pay tax.

Rennick Solicitors help you structure your Will to reduce taxes.

Cost of making a Will

Does making a Will cost a lot of money?  NO

Is it worth it?  YES

It costs nothing to talk to us. Call us today

Or send us an e-mail at any time and we will respond as soon as we can.

Our fee to make a Will is very competitively priced.

We can store your Will in our safe for you, guaranteeing that your Will is safe.  You can take the original, or you can take a copy and leave the original Will with us.  It’s your Will – it’s your choice!

The above is not intended to be legal advice and should not be considered as such.  If you or a loved one would like to speak to us about any of the issues mentioned above, please contact us here.