When writing your will, you may have several things to think about. You need to decide which family members get a portion of your belongings, and you also need to decide how much each family member is entitled too. A solicitor can draw up your will for you, and this is a great way of ensuring that everything is in place for when you pass. Some solicitors can even draw up joint wills, for you and your husband/wife, and this is very beneficial if everything is in a shared name. If you need to pay inheritance tax on your finances, then it is highly recommended that you use a solicitor. Not hiring a solicitor will complicate matters, and this is something you want to avoid at all costs.
Things That May Complicate Your Will
If you have a complicated family, then this may complicate your will. This can be anything, from having children with a previous partner or having a family member who suffers from a disability. Other things that may complicate your will include having a property abroad or having a home run business in your name. A solicitor will be able to help you with this, by filing the legal documentation regarding your assets. This may include transferring any overseas property in your name to that of your children, so the property legally belongs to them even though they are not in the same country. When you die, you want to make sure that everything is in place. A simple mistake such as not having the right witness sign your documentation could mean that your will is useless, and this is something you want to avoid.
Storing Your Will
When a solicitor helps to write your will, they will give you a copy for your personal reference. They will also store it on your behalf for you, so you never need to worry about losing the original. This also means that your will can’t be changed or forged, and this is very beneficial to every owner. Another thing you should know when choosing your solicitor is that your will is completely confidential. Your solicitor will always put your best interests first, and this can go a long way when you’re writing your wills in Reading for the first time.
Harrison’s Solicitors has years of experience when it comes to wills in Reading. They can help you write your will, while advising you on any legal obligations surrounding your belongings.