Wills

You will likely have a million and one things to spend your money on each month, but if you have’t already made one, a Will should be one of them. It doesn’t matter whether you’re young or old, rich or poor – a Will is an essential part of planning for your future, as no one knows what’s coming next.

Lots of people have misconceptions about Wills. Many assume that they are too young to need a Will or that Wills are only for people with considerable assets. How you will be buried, who inherits your house, and who will be the legal guardian of your children are all decided by your Will, so nearly everyone should have one in place.

Your Last Will and Testament, to call it by its proper name, is a legally binding document that explains how you want to divide up your assets when you die. This may not seem very important at the moment, but your Will can make a massive difference to your family after your death.

Why do I need a Will?

If you die without a Will, your estate will be dealt with by the laws of intestacy. These strict criteria decide who inherits from your estate and how much they inherit. If you are married, your spouse will only inherit a percentage of your estate, whereas with a Will, they would inherit it all if that was your wish.

Not only does a Will protect your family, but it also guarantees that parts of your estate are not given to anyone you do not wish it to go to, for example, an ex-spouse. If you do not make a Will and are divorced, your ex-spouse may be entitled to some of your estate.

In addition, a Will can ensure that your estate is as tax efficient as possible so that your family doesn’t pay a penny more in inheritance tax than they need to.

How can Cooklaw help me?

At Cooklaw Solicitors, we pride ourselves on being straightforward when talking about the law, especially in an area often riddled with jargon and complicated language. Making a Will does not have to be complicated and we cover all areas and details that affect you and your family to make sure you have a comprehensive Will in place.

For many years, we have helped clients like you secure their families’ future with a Will, and we can help you, too.

Contact us

If you like to discuss your Will, call us on 0191 567 7244 , and we’ll be delighted to help.

You can also email info@cooklaw.co.uk or complete our free online enquiry form and we will be in touch with you shortly.