Wills, Probate and Capital Tax Planning

Here are six good reasons to make a will:

  • By making a will you can make sure your estate goes to the right people in the right proportions, thereby avoiding family quarrels and expense;
  • If you and your partner are not married or civil partners, it is vital to make a will; otherwise your partner, however long you have been together, may get a raw deal. 
  • If you and your spouse are separated but not divorced (by decree absolute), unless you make a will to the contrary, they may well inherit your estate;
  • You can choose your executors - the people who will carry out the instructions in your will - for yourself;
  • You can give great pleasure to people dear to you by leaving them keepsakes or small gifts, and you may even be able to right some past wrongs;
  • You may be able to reduce the amount of Inheritance Tax payable

But what is often lost in professionally drafted wills is the personal touch. People read the wills written for them, and wonder why it is that the words on the page are not in language they would use or sometimes can even understand. It needn’t be like that though. Wills do not have to be written in antique language. In the wills we write plain English rules. And we want the will to be an expression of your personality: if you want your ashes scattered at sea so in the next life you come back as a mermaid that’s what your will should say.