More than 75% of people in Scotland do not have a Will of any kind. Individuals can feel to young to be thinking about Wills, worried about how much it could cost or assuming their wishes will be respected when it comes to dealing with any assets.
Sadly, the truth is very different; dying without a Will can leave your family with a major financial headache to deal with as they may not have a clear idea of what your wishes are, who is to receive specific assets and even funeral preferences. This situation can often cause family disagreements as they try to make sense of your estate and what they believe you would have wanted.
Protect your assets
Having a Will in place can be a great way to ensure any tax planning is dealt with and your assets remain protected, especially if you do not want your estate to pay for nursing home fees for example. At Gildeas Solicitors we can set up new Wills, make changes to old ones and discuss the best ways that you can deal with your estate. No matter how complex or simple your financial matters, we will deal with everything in a very proactive and effective manner, ensuring that loose ends are neatly tied up and that you will have total peace of mind with regard to the distribution of your estate.
Our legal team have spent many years putting together Wills for clients throughout Scotland and always take the time to ensure that they accurately comply with your personal instructions and are legally binding.
Your Will can also take care of other important things such as who could take care of your children or what to do if you are diagnosed with a critical illness.
Why you should make a Will in Scotland
There are so many reasons why you should make a Will, no matter your age. Here are just a few:
- Your loved ones will accurately receive any money or property that you wish them to have.
- Inheritance tax can be reduced.
- Guardians can be named to take care of young children.
- Particular items can be left to named people such as jewellery, paintings, cars, etc.
- Charities can be selected to receive donations.
- Your children’s inheritance can be protected even if your surviving partner marries again.
- If you have a family member that is disabled then they can inherit in a way that will not reduce their benefits or leave them open to financial abuse by others.
- If you and your partner are not married, you can ensure that they can remain in the family home after your death and receive any inheritance.
If you are looking for a trustworthy, reputable and caring firm of professionals to take care of your Will, you should contact Gildeas. Covering the whole of Scotland, we are here to help with any queries you may have regarding your Will, and to advise you of the best way to proceed to assure you of peace of mind.
All pre-existing and current Gildeas clients are entitled to a free Will should they require one, contact us now and we can go through the Will questionnaire with you. If you would prefer, please download and complete the document yourself and then send to [email protected]
Use the contact form below and find out just how affordable it can be to have a professionally drawn Will created in Scotland.