You may have given a lot of thought to making your
Will: working out what you are worth and who you would like to benefit; making
sure that your dependants and the people you care for will be well looked after
and the tax burden is kept to a minimum.
One of the easiest things is to postpone actually making your Will.
Making a Will is sensible, practical and brings you
peace of mind. It isn't only something
for the wealthy. Everyone should do
it. Without one there could be competing
claims on your estate and your nearest and dearest may not automatically get
everything. It is essential to make a
Will for the sake of their security.
It is always best to use a firm of solicitors;
‘home-made' Wills can create more problems than they solve. The slightest mistake can invalidate your
Will. It must be considered as an
investment in the future security of those you wish to make your
beneficiaries. A Will is a serious legal
document and has to stand up to close scrutiny.
A layman can, notwithstanding the best of intentions, get it wrong.
With your legal adviser's expertise, you can ensure
that your possessions will be dealt with as you wish. You will also be able to get personal,
confidential advice on any point you would like to discuss and help to clarify
your ideas and cater for eventualities you may not have considered.
At last some good news from the Treasury concerning inheritance tax. However, despite the press headlines, the changes announced by the chancellor, Mr Darling, are more about the operation of the allowances than increasing them.
