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Why do I need a will?
Making a will is one of the most important things you can do, not only to safeguard your estate and ensure those you wish to benefit do, but also gives you peace of mind that your loved ones will not be burdened by the problems that arise with dying intestate.
The current intestacy provisions are inadequate. If you die without making a will in the uk, your spouse, partner or civil partner will not automatically be entitled to your estate and you would have no say in who looks after your children or who would look after the funds held on their behalf. If you are unmarried but in a relationship with your partner, if you do not have a Will, that partner would inherit nothing form your estate.
Making a Will enables you to specify who inherits your estate and your cherished personal items and allows you to appoint an Executor to ensure your assets are distributed fairly to those you intend. Undoubtedly it provides essential peace of mind that your family will be provided for in the event of your death. You can only ensure this happens by making a Will.
The Irwin Mitchell Will writing service offers a simple, cost effective yet high quality solution. They recognise that each client is individual and tailor their service to meet your needs, it is not simply an online will service that subscribes to the society of will writers but a Will writing service undertaken by a qualified solicitor. The time taken to write a will depends on the complexity of your individual circumstances and the level of service you need.
What are the different types of Wills?
Irwin Mitchell are able to offer the advice you need on a wide range of Wills and can provide detailed and individual advice on a range of issues including saving Inheritance tax, setting up trusts for children and vulnerable beneficiaries and ringfencing assets for future generations from expenses such as care home fees, which would otherwise eat into your estate.
Single Wills can be written for people who are not married or in a civil partnership and Mirror Wills for people who are in a relationship and effectively want to ‘mirror’ their wishes. Irwin Mitchell also draft more complex trust Wills for people who wish to protect some element of their estate, e.g their property or to protect vulnerable beneficiaries. Asset Protection Wills are wills specifically designed to protect your property for example, in the event of future remarriage of your spouse or if you went into care.
What are the steps of taking out a will?
Simply call the number above, where we can discus your needs. We will then send you a simple Will instruction form. Once completed the process of working with you to draft the will have started and you can be confident that you have started the process to ensure your estate will be dealt with according to your wishes and those you wish to benefit will be looked after.
Once your Will has been drafted, it will be sent to you for checking and signing accompanied by a plain English narrative which explains exactly what provisions have been made. It really is that simple!
What sort of information should I think about?
The types of things you need to think about before you put pen to paper include: Who you want to benefit from your estate when you are gone and how you intend to share this out; if you would like to leave specific gifts to people; if you want to leave any charitable donations; what your funeral instructions are; whether you want to set up any trusts and who you wish to appoint as Executor/s.
What is an executor?
An Executor is someone who is appointed to distribute your estate according to your wishes in the fairest and most appropriate way. You can have more than one Executor and you can also appoint individuals or professional Executors such as Irwin Mitchell.
An Executor is ultimately responsible for ensuring your estate is dealt with upon your death and all assets, debts and liabilities are recognised and dealt with in the appropriate way, for example arranging the sale of property, obtaining the Grant of Probate, closing bank accounts, paying inheritance tax, making interim distributions to the beneficiaries and so on until the estate is wound up.
Why do I need an executor?
To carry out the vital role of ensuring that all your assets are collected, debts paid and the proceeds of your estate distributed to those entitled under your Will. You should consider carefully who to appoint as Executor as it is an onerous task and you should appoint an individual or an organisation that you trust to carry out those wishes on your behalf, efficiently.
How do I appoint an executor?
At the point of writing your will you can decide who to appoint an Executor in your Will. You are able to change this just as you are able to change the content in your Will.
Can any company sell a will?
Yes. Unfortunately Will writing is not yet a regulated activity which means non-solicitors can write Wills although there are changes afoot which may impact on the current legislation to better protect you the customer, you should be aware that there are a number of Online will writing companies that are not qualified to write wills who will make you a will at a competitive price.
Whilst making a will online can seem a cheaper option, unfortunately the potential lack of quality and accuracy and even the legality of the will may only be realised in the event of death.
At TheRetirementCentre.com we strongly believe that you should only make a will in the uk through a qualified regulated solicitor.
Irwin Mitchell is regulated and therefore you can be rest assured that you are dealing with a firm which has stringent processes in place to ensure your Will is drafted in accordance with the law and with your wishes.
They have been established for almost 100 years and you are able to seek recourse through the appropriate channels should you ever feel we have not provided a service you are completely happy with – not all Will writing firms can offer this protection. So if you are looking for Will writing services of one of the top law firms in the UK call the number above.
What could be the pitfalls of a non solicitor writing a will?
If you were to instruct a non regulated firm to draft your Will then you have no certainty over the level of their qualifications, their ability to interpret your instructions correctly or what would happen in the event of a complaint or claim arising against that firm. Solicitors are regulated in England and Wales by the Solicitors Regulation Authority.
Who are Irwin Mitchell?
Established in 1912 Irwin Mitchell has grown to become one of the UKs leading firms. Working in partnership with TheRetirementCentre.com we can offer you a wealth of experience and the provision of high quality legal services on a wide range of personal legal issues such as Will Writing and Lasting Powers of Attorney.
An award winning law firm, Irwin Mitchell provides quick and simple access to expertise and advice. We understand that when you need legal advice, you want to speak to someone in the know, a reputable firm with a trustworthy brand that offers transparent pricing and a pro-active approach.
Irwin Mitchell LLP is a limited liability partnership registered in England & Wales, with number OC343897, and is authorised and regulated by the Solicitors Regulation Authority.
Any solicitor we refer you to is independent from us and will give you impartial and confidential advice. You are free to choose another solicitor.
TheRetirementCentre.com has a financial arrangement with Irwin Mitchell. Where we introduce clients to them they pay TheRetirementCentre.com a fee for that introduction. We receive a fixed payment from Irwin Mitchell dependent upon the legal service provided. Full details will be provided before you instruct Irwin Mitchell to deal with any work on your behalf.
Under no circumstances will you be required to reimburse Irwin Mitchell for any payment that they make to us.
Irwin Mitchell is completely independent of TheRetirementCentre.com and will always act in your best interests. Our agreement with Irwin Mitchell does not affect the advice they give you, which will always be impartial and confidential.