Wills
Why Should You Have a Will?
Many people assume that their possessions, such as property and savings, will automatically go to their spouse or children when they die. However, this is not always the case. If you die without leaving a Will, the law determines who inherits your assets, not your partner or family.
What Are the Benefits of Having a Will?
The main benefits of having a Will include:
Can a Will be altered after someone has died?
Yes, a Will can be altered after someone has died through a Deed of Variation. Consult your solicitor for expert advice and to understand the benefits of modifying the terms of the deceased’s Will.
What is an executor?
An Executor is either appointed by the maker of the Will or by a court. The Executor is responsible for paying all debt of the deceased and distributing the assets to the beneficiaries. Most people tend to appoint their solicitor to act as executor as it removes the responsibility of winding up the deceased estate from family and friends.
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