Wills
• 55% of those polled (of a total of 2,074) do not yet have a Will in place to make sure their estate is dealt with in line with their wishes, upon their death. This figure increased to 65% for those with children.
• One in ten who do have Wills have not updated them in over 10 years
• Recent research carried out by Royal London, YouGov, IRN Research and Orchard has revealed some striking statistics about wills such as 5.4 million adults do not know where to begin when it comes to writing a will, around 54% of adults do not have a will and six in 10 (59%) parents do not have a will or have one that is out of date.
REASONS TO HAVE A WILL
REASONS FOR NOT HAVING A WILL
- 53% of those who do not have one will say that they just have not had time to do it.
- 63% of those without will say that they are too young to make one and 20% say that they have no assets to pass on.
PROMPTED REASONS TO MAKE A WILL
- 41% of the population do have a will in place.
- A change in health issues can prompt someone to make a will.
- Making financial provisions for loved ones.
- Marriage voids any previous wills in existence so whether it’s first or second marriage, this usually a good time to get your affairs in order.
- Having children and appointing a guardian is a key motivator.
- Losing a loved one.
A STANDARD WILL
With a Will you decide who receives what out of your house, savings and investments, any insurance, and your sentimental items. You can ensure your loved ones are protected and that your final wishes are secured. A standard Will can, for most people, take care of basic wishes such as who your executors are, who will benefit from your Estate and any simple funeral wishes. We provide easy Wills to cover your basic wishes plus we offer home visits at no additional cost.
The clauses that we use in our wills have been carefully drafter by our solicitors and they are reviewed by our team to keep up to date with current changes in the law.
TYPES OF WILLS
WILLS FOR MARRIED COUPLES
There are a vast number of people who are unaware that they have caused their wills to be void by getting married. Another problem is when couples who have children from a previous relationship decide to leave their whole estate to each other and not making proper provisions for those children. At our meeting, we would discuss your circumstances and advise you on the different options available to you to ensure that you make a well-informed decision. We set out the difference between simple and complex Wills.
SIMPLE WILL
• Single person and have no dependents
• Married couple with minor children
• Married couple with adult children and grandchildren
• Widow/er with no children and you are leaving your estate to charity or other beneficiaries.
COMPLEX WILL
• Foreign connections
• High Value estate
• Business or farming interests
• Complicated family (children from previous relationships/marriages)
• Exclusion of obvious people
• Vulnerable beneficiaries
Office address
Please visit us today for more information
Admirals park, Victory Way, Dartford DA2 6QD
