A properly drafted and up to date Will will assist you in avoiding unnecessary delay, stress and cost to your family by ensuring your estate is distributed in accordance with your wishes and by a person nominated by you, and not according to an out of date Will or the laws of intestacy, and also enable you to nominate a guardian for children under 18 years of age.
Determining whether a simple Will is sufficient or whether you require a Will which sets up testamentary trusts will depend on your individual and family circumstances. In each case, it is important to obtain advice on what type of Will suits your needs and we can then tailor it to suit you and your family.
There are strict legal requirements which must be complied with in order for a Will (and any revocation or alteration) to be valid. In some cases, the person making the Will may wish to exclude certain persons who would ordinarily be provided for and this can have terrible consequences if legal advice is not obtained before doing so.
A Will and Estate Plan should be reviewed every 3-5 years or whenever a significant event takes place (such as the death of a beneficiary, separation or you acquire a substantial asset).