Wills, and Will writing Service

Helping make life easier, when you need it most.

Drafting a Will

Do I Need a Will?

Regardless of your wealth or possessions, creating a will is vital. Here’s why:

  • Without a will, predetermined rules govern asset distribution, potentially conflicting with your preferences.
  • Unmarried partners and those not in civil partnerships can’t inherit from each other without a will, posing financial challenges for the surviving partner.
  • Parents need a will to ensure arrangements are in place for their children in the event of their demise.
  • Proactive planning and a will can minimize inheritance tax liabilities.
  • Life changes warrant updating your will to ensure assets align with your wishes. For instance, if you’ve separated and your ex-partner is now with someone else, updating your will is essential. Marriage or entering a civil partnership renders previous wills invalid.

For more details on intestacy rules, refer to guidance on inheritance in case of no will.

Essential Components of a Will

To streamline the process and minimize expenses when consulting a solicitor, consider these key elements:

  • Identify your assets, including property, savings, pensions, insurance policies, and investments.
  • Specify beneficiaries and contemplate charitable bequests.
  • Nominate guardians for minor children.
  • Designate executors to administer your estate and fulfill your testamentary instructions.

Drafting a Will

Do I Need a Will?

Regardless of your wealth or possessions, creating a will is vital. Here’s why:

  • Without a will, predetermined rules govern asset distribution, potentially conflicting with your preferences.
  • Unmarried partners and those not in civil partnerships can’t inherit from each other without a will, posing financial challenges for the surviving partner.
  • Parents need a will to ensure arrangements are in place for their children in the event of their demise.
  • Proactive planning and a will can minimize inheritance tax liabilities.
  • Life changes warrant updating your will to ensure assets align with your wishes. For instance, if you’ve separated and your ex-partner is now with someone else, updating your will is essential. Marriage or entering a civil partnership renders previous wills invalid.

For more details on intestacy rules, refer to guidance on inheritance in case of no will.

Essential Components of a Will

To streamline the process and minimize expenses when consulting a solicitor, consider these key elements:

  • Identify your assets, including property, savings, pensions, insurance policies, and investments.
  • Specify beneficiaries and contemplate charitable bequests.
  • Nominate guardians for minor children.
  • Designate executors to administer your estate and fulfill your testamentary instructions.

Mortgages

First time buyers, Shared ownership, Remortgages, Moving house

Equity Release

Retirement interest only (RIO)

Life & Other Protection

For peace of mind when you need it most.

Tools & FAQ’s

Online calcuators, FAQ’s & helpful links

Because we play by the book we want to tell you…

Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. There may be a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances but will range from £195 to £295 and this will be discussed and agreed with you at the earliest opportunity.

Get in touch

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    HOW CAN WE HELP?

    Alternatively we’re a friendly bunch, if you’d prefer to see us in person we can arrange for an appointment.

    • 01373 823 374

    • info@impartialfinancial.co.uk

    • Impartial Financial Management
      24 Warminster Road
      Westbury
      Wilthsire
      BA13 3PE

    • Mon – Fri . 9.00 – 17.00

    Impartial Financial Management

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