Several recent studies have shown that a growing number of UK adults have not made a valid Will.
This is a worrying trend as the importance of a properly drafted document, to ensure that your assets are dealt with as you wish, cannot be overstated.
At OGR Stock Denton, our private client team provides a specialist, tailored and creative service to help clients to put their affairs in order.
If you die without a Will in place, it will be left to the State to determine how your estate will be distributed in accordance with the rules of intestacy and may not reflect your wishes. This can be a costly procedure and may also place an emotional strain on your surviving loved ones.
A Will is something that people of all ages, not just the elderly, should consider. Having a valid document in place means that you will have peace of mind that you have left clear instructions for how property and other assets should be divided after your death and the provisions that should be made for children or any other dependants.
If drafted with the help of an experienced lawyer, it can also help you to reduce your Inheritance Tax (IHT) liabilities and protect your assets. Please note that we can also act as executors and administrators for appropriate estates.
As a firm we also have a substantial amount of commercial expertise, regularly advising company owners who want to set their affairs in order. We take pride in a holistic approach and will consider all aspects of a client’s estate, including their business interests, pensions and assets.
For further advice on drafting or updating a will, please visit our contact us page.