Will Writing services
with the experts
We provide services that fit in with your daily life. We provide online Wills, Wills over the phone and even a home visit at a time to suit you at no additional cost. We aim to answer that most important questions, do I need to make a Will?
Do I need to make a Will?
In life’s unpredictable journey, one thing remains certain: the importance of Will Writing. Whether you’re a young professional, a parent, or someone with assets to safeguard, creating a will is a pivotal step towards securing your legacy and protecting your loved ones. Let’s explore why wills are indispensable and why entrusting a professional will writer is crucial.
Why Wills Matter:
1. Secure Your Assets:
- Wills grant you control over how your assets are distributed, ensuring your hard-earned wealth goes where you intend.
- Without a Will, state laws may dictate asset distribution, potentially overlooking your wishes and causing unnecessary complications.
2. Protect Your Loved Ones:
- For parents, Wills provide a vital means of appointing guardians for minor children, ensuring their well-being is entrusted to individuals you trust.
- Ensure financial stability for your family members and dependents by outlining clear instructions for asset distribution.
3. Avoid Legal Complexities:
- Will Writing minimises the risk of intestacy, where the state decides how your estate is distributed in the absence of a Will.
- By formalising your wishes through a Will, you streamline the Probate process, reducing administrative burdens and costs for your beneficiaries.
4. Tailored Estate Planning:
- MGC Legal Solutions, offer expertise in crafting customised estate plans tailored to your unique circumstances and objectives.
- Address specific concerns, such as charitable bequests or the care of beloved pets, ensuring your legacy reflects your values and priorities.
Conclusion: Do I need to make a Will? Simply. Yes. In the tapestry of life, will writing emerges as a crucial thread, weaving together your legacy and protecting the ones you hold dear. For anyone with assets or children, creating a will is not just a legal formality but a proactive step towards securing the future. By engaging the services of a professional will writer, you unlock the key to peace of mind, clarity, and effective estate planning. Don’t wait until tomorrow; start shaping your legacy today with the guidance of a trusted will writer.
Online Wills
Write your Will online with our easy guide. Checked by a Will specialist. Great for simple Wills and estates.
£100
£160 for a Joint Will
Storage for your Will £10pa
Telephone Wills
Write your Will online with our easy guide. Checked by a Will specialist. Great for simple Wills and estates.
£100
£160 for a Joint Will
Storage for your Will £10pa
Home Visit
Write your Will online with our easy guide. Checked by a Will specialist. Great for simple Wills and estates.
£100
£160 for a Joint Will
Storage for your Will £10pa
Understanding Intestacy Rules: What happens without a Will
In the absence of a Will, intestacy rules come into play, governing how a deceased individual’s estate is distributed. Let’s delve into what intestacy rules entail and the implications of not having a Will.
Key Points:
1. State-Dictated Distribution:
- Intestacy rules designate how assets are distributed among surviving relatives.
- Without a Will, the state determines the beneficiaries of the estate, potentially overlooking the deceased’s wishes.
2. Priority of Inheritance:
- Intestacy laws establish a hierarchy of inheritance, typically prioritising spouses, children, parents, and other relatives in specific order.
- Surviving spouses and children often receive a significant portion of the estate, but distant relatives may also be entitled to a share.
3. Potential Disputes and Delays:
- Intestacy can lead to disputes among relatives over asset distribution, especially in complex family structures.
- Without clear instructions from a will, the probate process may be prolonged, causing delays and additional stress for beneficiaries.
4. Exclusion of Non-Family Members:
- Intestacy rules typically prioritise family members, potentially excluding non-relatives or individuals not legally recognised as heirs.
- Close friends, unmarried partners, and charitable organisations may receive nothing without a will explicitly naming them as beneficiaries.
5. Loss of Control:
- Perhaps most importantly, intestacy means relinquishing control over how your estate is distributed.
- Your assets may end up in the hands of relatives you wouldn’t have chosen as beneficiaries, contrary to your wishes.
Conclusion: Intestacy rules underscore the importance of creating a Will to ensure your assets are distributed according to your preferences. By proactively drafting a Will, you retain control over your estate, minimise potential disputes, and provide clarity for your loved ones. Don’t leave your legacy to chance, let MGC Legal Solution take care of your estate planning today to avoid the uncertainties of intestacy rules.
Frequently asked questions
Here are a few commonly asked questions we often get asked when making a Will
Obviously, this is your decision and you don’t have to leave a gift. Gifts in Wills are a vital source of income for charities, and they have become the largest source of voluntary donations, funding crucial services and core operations for charities across the country.
A gift of just 1% will make a real difference to supporting a charitable organisation. Quite simply, they cannot do what they do without your help. It’s the kindness, compassion and selflessness of people who have left money in their Wills which allows them to support anybody affected by their cause year after year.
Yes, Gifts to charities are exempt from Inheritance Tax (‘IHT’), whether they are made during a person’s lifetime or on death by their Will.
‘IHT’ is charged at 40% on any estate worth more than £325,000. But if you leave 10% or more of your net estate to charity, you will benefit from a lower inheritance tax rate of 36%.
A Trust is a legally binding arrangement for the management of specified funds or other assets (such as property, stocks and shares or a business) on behalf of one or more beneficiaries. It is often set up as part of a making a Will, but a Trust is not dependent on a Will.
The assets in a Trust Fund are managed by two or more Trustees, appointed by you when you set up the Trust. Depending on the type of Trust, they may have wide discretion as to how to manage the assets and distribute the income, or they may be required to act in specified ways.
Similarly, a Trust may be set up to continue indefinitely or to end at a certain point, such as when the beneficiary comes of age. There are many choices available as to how a Trust will work, but what are the advantages of setting one up?