Law

The Importance of a Will & The Benefits of Using a Solicitor

Although under UK law you don’t need to use a solicitor to make a will, it is highly beneficial to use their services if you want to make sure your document doesn’t contain any discrepancies. Making a will is an important thing to consider, it ensures your affairs are in order when you pass away. But how do you make one and why should you hire a solicitor to help?

Why do I need a will?

Many people don’t realise the importance of drafting a will before they die, others simply forget about the process and leave their assets to be distributed whatever way the court sees fit to do so. We spend most of our lives working to provide for ourselves and our loved ones, you may have kept enough money to buy a house in Liverpool or you may have saved a substantial amount of money for the future. Either way, it is important to have a will, so that these assets go to whomever you wish when you are no longer around.

All these possessions are known as your estate, when you die, your estate will be distributed amongst your loved ones or it will go to whoever you have put in your will. To avoid any confusion or problems with your family, it is important to have a solicitor draw up a comprehensive legal document. Catherine Higgins Law probate solicitors in South Liverpool instruct clients on all things to do with will writing and probate, so if you’d like to avail of professional services, you should contact their offices.

Benefits of a Solicitor

A reputable solicitor who has experience with probate and will writing understand the complexities involved. Once you’ve appointed a solicitor, they’ll ask you numerous questions to help cater for your needs when you pass away.

Possessions: They will need you to provide a list of all your belongings, so they can include all your assets in your will. If you want your estate to be left to the right people, you should tell them about everything, that includes items such as:

  • Property both home and abroad
  • Vehicles
  • Bonds & shares
  • Savings

You may not be able to include overseas property in your will, but your solicitor will be able to give you recommendations on the best way to deal with foreign investments.

Distribution: A solicitor will help you to draw up a will stating who will benefit when you pass away, the document states the names of asset recipients.

Other Information: A professionally written will also includes any final wishes, provisions for children and appointed executors.

Although there are other ways to draw up a will, they can risky if you aren’t using a professional solicitor who specialises in will writing services. The proper understanding of UK law in areas such as succession property is vitally important when creating a will. If you hire a solicitor you’ve peace of mind knowing that all your last wishes will be taken care of.