What You Need To know

Probate Service Cambridgeshire

Local – fast appointments – we come to you – day, evening and weekends – cost effective option – approved will writing service

Do you own a business and need a will?

Keeping Wills in storage boxes is not a good idea because it may be difficult to access and even harder to gain permission to open it. There is another option: storing your Will with your solicitor.

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Do You Want To Protect Your Family?

A small fee may be in place for storage and for accessibility, but knowing your will is in a safe place is the most important thing. Get in touch today and one of our specialist team will help you.

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Why Is A Will Cambridgeshire So Important?

The thought of dying is scary to many people. This partly explains why close to 60% of UK residents don’t have a will. Even though it is not a legal obligation, it is important that you have a will in place regardless of your age or health.

Here is a look at some of the reasons why you need to have an updated will in place at all times.

What You Can Include:

Protect Your Family

If you pass on without a will, it is the government that decides who inherits your property, money and other possessions. If you die while unmarried and with no identifiable close relative, the government may invoke the Law of Intestacy of 1925 and take ownership of all your properties.

Make Your Wishes Heard

With a will, you make sure that your wishes regarding who inherits your properties are fulfilled when you are gone.

Appointing guardians for your children

If you have children who are yet to reach the legal age and die without a will it is the authorities who decide who becomes their guardian.

Even though many people usually take for granted that their partners (if they are unmarried) will be assigned guardianship of the children, this is not always the case. In most cases, if the children are between 14 and 17, they are usually given to a neighbour or close friend who shares your lifestyle rather than your partner or relatives.

This can be distressing to the children. By specifying in your will who you want to be the guardian to your children you make sure that only the people you are most comfortable with taking care of them.

Deciding who Inherits your Property

Inheritance tax is tax charged on your estate when you die. Having a will in place significantly reduces this tax or even eliminates it completely. This allows your loved ones to inherit more money than it would have been the case if you would have died without a will.

The importance of writing a will, therefore, need not be overemphasized. Sometimes the complexity of the will writing process usually puts off some people.

Fortunately, there are many professional will writers in the UK who can competently guide you through the will writing process at a small fee. No one knows when death will come. So it is never too early to prepare your will.

To make sure that your estate is managed in an orderly manner and in accordance with your wishes, make sure you prepare a will as soon as possible