It is important that you have an up-to-date Will that takes your individual circumstances into account. At MAR Legal, we understand that discussing wills can feel daunting, but we’re here to guide you through the process with approachable and clear advice.
What Is a Will?
In simple terms, a will is a legal document that sets out your instructions for what should happen to your money, property, and possessions after your death. It allows you to choose who inherits what, appoint guardians for your children, and even outline specific funeral arrangements. Without a will, these critical decisions may be left to the courts, which may not reflect your personal wishes.
Why Is a Will So Important?
1. Protecting Your Loved Ones
A will ensures that your family and dependents are looked after when you’re no longer around. It gives you the opportunity to:
- Name guardians for your children under 18.
- Provide financial security for loved ones, including partners who may not automatically inherit.
- Avoid family disputes by clearly outlining who should receive your assets.
2. Controlling the Distribution of Your Assets
Without a will, your estate will be distributed according to the law, which may not align with your intentions. For example, unmarried partners or stepchildren may not inherit anything without explicit mention in your will.
3. Saving Time, Stress, and Money
A valid will makes the probate process much smoother for your loved ones. It can also minimize inheritance tax, ensuring more of your estate goes to the people or causes you care about.
4. Leaving a Legacy
Your will can also be used to leave a lasting legacy, such as donating to charities, supporting local causes, or funding educational initiatives.
What Happens Without a Will?
If you pass away without a will, you are considered to have died “intestate.” In such cases:
- The law decides how your assets are distributed.
- Your spouse or civil partner may not inherit everything.
- Unmarried partners and close friends are not entitled to anything.
- Lengthy legal procedures can cause unnecessary stress for your family.
Having a professionally drafted will eliminates uncertainty and ensures your estate is handled according to your wishes.
How MAR Legal Can Help You Create a Will
At MAR Legal, we offer personalized will-writing services designed to fit your unique circumstances. Whether your estate is simple or complex, we work with you to:
- Draft a legally binding will.
- Advise on inheritance tax and estate planning.
- Include provisions for minor children, guardianship, or trusts.
- Make updates as your life circumstances change.
At MAR Legal, we keep up to date with changes in the law and know how to draft a Will to suit your personal circumstances. We can help you choose your Executors (or act as one of them) as well as assisting you with preparing your Mirror Will. (A mirror will is when a husband, wife or unmarried partner arrange Wills that are almost identical in nature.)
Take Control of Your Legacy
A will gives you control, peace of mind, and protection for your loved ones. At MAR Legal, we make the process straightforward and stress-free, with clear advice and transparent pricing.
If you’re ready to secure your future and ensure your wishes are honoured, contact MAR Legal today.