FAQs about Wills

What is a will?

A Will is an important legal document which governs the distribution of your estate (which is everything that you own) upon your death. If you die without making a Will, you are ‘intestate’ and the law will determine who inherits your estate.  It is important to seek professional legal advice when writing a Will to ensure it complies with all legal requirements and can be executed with ease. 

Many people believe that everything they own will automatically go to their spouse, but unfortunately this is not always the case.  A properly drafted Will sets out your wishes clearly and unambiguously.

It can also deal with other matters, such as appointing guardians for any children under the age of 18.  For clients with more valuable estates, having the correct Will in place could save many thousands of pounds of inheritance tax.

We are happy to discuss making a Will with you on a completely free, no obligation basis.  Just call us on 0113 320 5000 or email us at wills@winstonsolicitors.co.uk

Who needs a Will?

It is important to write a Will if you would like to choose what happens to your assets after your death. If you do not write a Will, you will have no control over your assets which would be distributed according to the Intestacy Rules.

Power of Attorney

At the same time as writing a Will we recommend our clients consider making Lasting Power of Attorney (LPA). Under a Financial LPA you can nominate the individual or people whom you would like to look after your financial affairs if you become incapable of doing so, whether through mental or physical infirmity. Under a Welfare LPA you are able to appoint an attorney to look after your welfare interests should you become mentally incapable of doing so yourself. This is a new and important development, in effect enabling you to make a 'living Will'.

If you do not have a Financial LPA your family may need to apply to court for the right to look after your financial affairs, which can be expensive and time-consuming.  Without a Welfare LPA, if you do need care in a hospital or home your wishes may not be properly taken into account.

We invite you to come into our office for a coffee and a chat to discuss setting up your LPA.  Please contact us on 0113 320 5000 or email at wills@winstonsolicitors.co.uk.

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