As soon as you have a mortgage or a spouse, children etc you should get a will made up with a specialist family lawyer. If you are getting this legally binding document drawn up you will need to outline exactly what assets and estate you have and what you want to go to who re possessions.
A will is normally read out fairly soon after someone dies, things like registering a death certificate etc can be very stressful. Having a lawyer there can help keep the peace and the lawyer should be able to help navigate the world of inheritance tax and capital gains tax.
Making A Will
The one thing that is certain in life is that one day after we are born, we will die. It is not a nice thought but it is more efficient to have things organised and filed with your lawyers office. Property, savings, material possessions and animals can be included in a will. It is to outline what should happen in the event of your death.
The cost of a will can vary depending on the size of practice you engage with. Ask upfront what the cost will be and how many times you will need to go in and meet with them. If you need to take time off work, it can make a difference if you are to meet once or four times. After all, time is money.
The legal firm are specialists in will writing, they meet with clients every week to discuss their options. Their job is to advise on what is the best thing for you to do. It is a good feeling knowing that if something were to happen that you know your loved ones will receive exactly what you feel they are entitled to, in the hands of your capable lawyer reading our your will.