Wills
A Will is one of the most important legal documents you can create to ensure your wishes are carried out after your death. In the UK, failing to make a Will means your estate will be distributed according to the Intestacy Rules (the law governed by the UK) which may not align with your intentions.
Here is why having a Will drafted is essential:
1 – Control Over Asset Distribution
A Will allows you to decide who inherits your money, property and possessions. Without one, your estate is divided based on the law, which may exclude people you would like to inherit and include the people you do not wish to include within your Will.
2 – Appoint Executors
You can name trusted individuals as executors to manage your estate, ensuring everything is handled according to your wishes.
3 – Protect Children
A Will lets you appoint guardians for your minor children, giving you peace of mind about their future care.
4 – Avoid Family Disputes
Clearly outlining your wishes reduces the risk of disagreements among your loved ones and prevents legal disputes over your estate.
5 – Inheritance Tax Planning
A well-drafted Will can include strategies to minimise inheritance tax, helping to preserve more of your estate for your beneficiaries.
What Happens When There Is No Will?
If you die intestate (die without a Will), the intestacy rules will determine who inherits. This process could leave out important people in your life and result in delays or additional costs for your family.
How Much Do We Charge for the drafting of Wills?
| Fee | |
|---|---|
| Single Will | £300.00 + VAT |
| Mirror Wills | £500.00 + VAT |
Get Started Today
Making a Will is a straightforward process with the help of a Solicitor. It ensures your loved ones are provided for and your estate is managed exactly as you intend. A L Law Associates are here to provide expert guidance and support, ensuring your family’s future is secure.
As renowned Wills and probate solicitors in Harrow, we are happy to offer advice to clients. You can make a Will any time after you are 18 years old, and some life events commonly incite the preparation of a Will, such as:
- Becoming financially independent from parents or carers
- Buying a property
- Getting married
- Having children
- Getting re-married
- A terminal illness
We would advise that you review an existing Will every five years to keep it in line with any changes in your family circumstances and changes in taxation laws.
Charities Collaboration
At A L Law Associates, we are proud to collaborate with the Alzheimer’s Society and St Luke’s Hospice to assist in drafting Wills for our elderly clients. As supporters of these charities, we are committed to helping individuals secure their legacies while supporting vital community work. For more information, please visit their websites below:
https://www.alzheimers.org.uk/get-involved/make-donation/leave-gift-your-will
https://www.stlukes-hospice.org/supporting-us/make-a-will-free/
Don’t leave it to chance – plan for the future today call us for a free 20-minute consultation.
Trusts
As trust law specialists, our service for establishing and administering trusts includes:
- Bare trusts
- Discretionary trusts
- Trusts for children
- Trusts for the disabled and the vulnerable
Probate
The legalities involved following a death in the family can be overwhelming, it is a difficult time, and our probate lawyers, we will help you through the process.
We can guide you through probate and trust law proceedings, and explain how that person’s estate will pass (under the terms of his or her Will or the rules of intestacy) and what steps are needed for probate and tax purposes.
Our team of probate solicitors work to administer simple and complex estates for those who die domiciled in the UK or abroad. Should a claim be brought (or need to be brought) against the estate we would work closely with our litigation colleagues in the conduct of the claim.
Lasting Power of Attorney
A Lasting Power of Attorney (LPA) is a legal document that relates to a named individual and they are known as the Donor. Once registered with the Office of the Public Guardian, it authorises your chosen family or friends (Attorneys) to assist you (Donor) with your affairs during your lifetime.
As and when the LPA is needed to be used, the Attorneys must always act in your best interests and involve you in any decisions that are to be made. You would still maintain over all control over your affairs. The Attorneys are authorised to assist you with your decisions or make decisions for you when you are unable to make those decisions yourself.
Two types of Lasting Power of Attorney:
- Health and Welfare
- Property and Financial Affairs
You can choose to give your Attorneys the authority to make decisions about your property and financial affairs either when you have the mental capacity to do so or when you have lost mental capacity. However, Attorneys only make the decisions about your health and welfare when you are unable to make those decisions yourself because you have lost the mental capacity to do so.
We can provide you with advice and assistance in the preparation and registration of the necessary LPA’s so that your chosen Attorneys can deal with your affairs.