Wills

Making a Will, and being sure people know where to find it, is the first step to making sure that your estate is shared out as you want it to be when you die. In addition, forward planning and a competently drawn up Will may reduce the amount of tax payable on any inheritance.

If you do not leave a Will your estate will be shared out among your next of kin according to a strict order of priority called the ‘rules of intestacy’. This means that people you want to bequeath to or benefit from your estate, such as a partner you’re not married to, might get nothing. A Will also allows you to make provision and arrangements for children who still require care in the event that either one or both parents die. If you already have a Will but your circumstances have changed it is important that you make a new Will to ensure that your money and possessions are distributed according to your wishes.

Important examples of such circumstances are:

If you require any further information about making a will then please do not hesitate to call us on (020)73178930 or email advice@craiglaw.co.uk