What are the benefits for me?
Having a specialist solicitor draft your Will is highly advisable for the following reasons:
- A solicitor ensures that your wishes are accurately reflected and legally enforceable. They consider various factors, including your family and personal circumstances, the nature of your assets, and potential future scenarios, to draft a comprehensive and effective Will.
- Solicitors are adept at taking detailed instructions, which is crucial for the accurate drafting of a Will. They ensure that all relevant information is gathered, and that the Will complies with statutory requirements of the Will Act 1837. This thorough approach helps prevent errors and omissions that could lead to disputes or challenges to the Will’s validity.
- Solicitors are responsible for ensuring that the Will is executed correctly. This includes verifying the testatrix/testator’s capacity, (the person making the Will), the proper witnessing of the Will, and adherence to all formalities. Failure to comply with these requirements can result in the Will being invalidated
- Solicitors can help avoid professional negligence claims by taking necessary precautions, such as confirming the testator’s capacity and ensuring the absence of undue influence. They also maintain detailed records of instructions and advice, which can be crucial in defending against claims from disappointed beneficiaries.
- Solicitors can also provide general advice in respect of ensuring your have a tax efficient estate for inheritance purposes, protecting your assets and ensuring your assets pass to your intended beneficiaries.
For further information, email nb@cbglaw.co.uk and Nosheen will send you our FREE downloadable guide on all matters relating to effective estate planning and your protection.
