Why making a will is crucial for Airdrie and Coatbridge residents
Experienced solicitors, here to help you with making wills and probate, confirmation.
At Nicolson O'Brien Solicitors we provide expert legal advice regarding wills, probate and the distrubution of estates. We will always offer you a first class, professional service and impartial advice. Updating Your will - It is important to review your will regularly to ensure that it reflects your current circumstances and wishes. A good rule of thumb is to review your will every three to five years, or after any major life events such as the birth of a child, a marriage or divorce, or the acquisition of significant assets.
Our services are available in Airdrie, Coatbridge and across the Edinburgh-Glasgow corridor.
Organising your will is easier than you think.
We understand that legal matters are often difficult to digest or undergo, particularly when it comes to wills, probate and estate distrubution. We will guide you through each step of the process and offer straightforward advice. To make an appointment with us or for straight forward informal advice, contact us today.
Making a will is an important step in ensuring that your wishes are carried out after you pass away. It helps divide your assets, money, savings and your estate. Not only does it provide peace of mind for you and your loved ones, but it can also prevent disputes and unnecessary expenses in the future. If you have property or a partner or children in Airdrie or Coatbridge, it is especially important to have a will in place. By using a solicitor for your will, ensures your will is valid and dated. The solicitor or lawyer will review your circumstances. They will make sure the will is signed, that it has an executor and ensures the legal distribution of your inheritance to the requested beneficiaries for all your possessions on your death. The will is initially written on paper and a copy of the witnessed will be kept until the circumstances requires it. Your last will and testimony requires two witnesses for signing
But how much does it cost to make a will?
Will can vary in price depending on your personal circumstances and needs. It can be as little as £120+ VAT. However the complicated the will the more time and tax planning is required the more expensive it can be
How do I change my will?
If you want to change your will, you need to make a new one. A codicil is a document that makes changes to an existing will, but it must be signed and witnessed in the same way as the original will. It’s often simpler and clearer to make a new will, and it’s a good idea to review and update your will every few years or when your circumstances change, such as when you acquire new assets or have children. You should consult a solicitor to ensure that your new will is valid and to discuss the best way to distribute your assets and leave a legacy for your loved ones. It’s important to think carefully about the beneficiaries and the executor of your estate, as well as any specific possessions or savings you want to leave to them. By making a valid and up-to-date will, you can ensure that your wishes are respected after your death and that your loved ones are provided for.
Is it important to name an executor in my will?
Yes, it is very important to name an executor in your will. An executor is the person responsible for carrying out your wishes after your death. They will be in charge of distributing your assets and possessions to your chosen beneficiaries. Without naming an executor, your estate may be subject to legal battles, delays, and additional expenses.
Naming an executor in your will is just one aspect of ensuring your legacy and assets are distributed according to your wishes. Working with a solicitor to create a valid will that is signed and witnessed can help ensure your wishes are carried out and your loved ones are taken care of after your death. Invest in a will to leave a lasting legacy and peace of mind for your loved ones.