15:24 PM, 22nd April 2024, About 7 months ago
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Writing a will may not be at the forefront of everyone’s mind but it’s an important step in protecting your loved ones.
Dealing with the loss of a loved one can be difficult at the best of times but you can ease the burden on those you leave behind by organising your affairs in advance.
Here at Property118, we have worked for over 15 years with award-winning Heritage Wills who are here to help and offer you peace of mind, ensuring your will complies with UK laws and delivers your wishes.
A will is a legal document that determines how your assets are distributed after death, including money, possessions, and property, known as your ‘estate’.
As well as naming your ‘beneficiaries’ (the people who benefit from your will), a will appoints ‘executors’ – the people who look after the financial process after your death (who ‘execute’ your will).
According to moneysupermarket.com, more than half of individuals (52%) either don’t have a will or have an outdated one so it’s important to take action and check your affairs are in order.
“Without a Will, everything you own will be shared out in a standard way defined by the law and this isn’t always the way you might want.
“A Will makes it much easier for your family or friends to sort everything out when you die. Without a Will, the process can be more time-consuming and stressful.
“Furthermore, a Will can help reduce the amount of Inheritance Tax payable on the value of the assets you leave behind.”
Whilst it is possible to write your own will it does come with risks.
Heritage Wills explains: “In England and Wales, you can write your own Will, but there are many traps for the unsuspecting person. This could result in assets not passing to your chosen beneficiaries – either because key Will provisions are invalid or the wording isn’t legally compliant.
“To translate your wishes into a legally effective Will, we recommend you speak to a professional Will Writing company.”
Heritage Wills explains there are a few things to consider before making a will.
Established in 2002, Heritage Wills can help take all the stress away when deciding your will.
Since 2002, the company has expanded to become the leading dedicated Will Writers in East Anglia and serves tens of thousands of clients across the country, priding itself on giving a personal, bespoke service tailored to your individual needs.
This stellar reputation has earned them numerous awards including the “Regional Will Writers of the Year” at the Wills and Probate Awards and the “Will Writing Organisation of the Year” Award at the National Paralegal Awards.
The company is also a long-term member of the Institute of Professional Will Writers and their Will writing team is led by a Society of Trust and Estate Practitioners (STEP) qualified Manager.
Heritage Wills also offers a client care package to its customers which gives you total peace of mind once your will has been created.
This package includes secure storage for your will ensuring it remains safe yet easily accessible when needed to be updated or amended.
You may also have other important documents you need to store such as wedding certificates or property deeds. The client care package offers you the opportunity to store these with your will at no extra cost.
Clients can have access to any documents whenever they need them all you need to give is 48 hours.
Once you take out the client care package the annual price you lock in an annual price guarantee, ensuring your payments remain unchanged over time. This offers peace of mind knowing that you will never encounter any unexpected price hikes.
Heritage Wills also offers a free executor helpline offering valuable help and guidance at no cost when you need it most.
Heritage Wills explains: “When you pass away, your executors need to commence probate before distributing your assets to your beneficiaries. As part of the Client Care Package, when you store your will and any associated documents with us, we’ll make ourselves available to your executors and ensure they know what steps to take to start probate (if required).
“The executors you have named in your Will are given access to a free Executor Help Line with support and information about their duties after your death. We will also provide a letter explaining how to retrieve your documents for each of your executors.”
Making a will can seem overwhelming but Heritage Wills is here to help ease the burden and ensure your assets are distributed according to your wishes.
Heritage Wills offers you total peace of mind with help and guidance through the process whilst offering ongoing support through their client care package and free executor helpline.
Award-winning will writers, LPAs and Legacy planning
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