A will in the UK is a legal document that outlines how your assets and possessions should be distributed after your death. Here’s why you might need one:
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Control
A will allows you to decide how your estate will be distributed. If you die without one (intestate), the law dictates how your assets are distributed, which might not align with your wishes.
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Beneficiaries
You can specify who should inherit your property, money, and possessions, ensuring they go to the people or organizations you choose.
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Guardianship
If you have children, you can name a guardian for them in your will, providing peace of mind about their care and upbringing.
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Tax Planning
A well-structured document can help minimize inheritance tax liabilities, ensuring more of your assets go to your chosen beneficiaries.
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Avoiding Disputes
A clear will can reduce the chances of family disputes and legal conflicts over your estate.
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Specific Bequests
You can make specific bequests, like leaving a treasured item to a particular person or making charitable donations.
This document i essential to ensure your wishes are carried out and to simplify the process for your loved ones after your passing. Contact us on 0161 674 0166, Hello@alison-law.co.uk or www.alison-law.co.uk/contact/
