Making a Will is incredibly important. It ensures that your loved ones won´t have to spend months sorting out a complicated financial and legal situation whilst they are grieving, and that your money and assets go exactly where you want them to go.
Without a Will the law takes over, which could have serious consequences for the people that you care about. Close family, friends or charities could miss out altogether, thousands of pounds could be lost in unnecessary inheritance tax payments, your children could end up being looked after by someone you would never have chosen, and other than joint assets, unmarried partners could end up with nothing.
It is also very important to keep your Will up-to-date; major life changes such as marriage, civil partnership, separation, divorce or children can make all or part of a Will invalid.
At Bakewells, making or updating your Will to cover all your wishes in the most tax-efficient way possible is simple and not expensive.
We can also help to ensure that Wills are put in place quickly in medical emergencies.