It is important to take action today to ensure your estate is dealt with as you would wish after you have died.
Quite simply, if you do not make a Will the law says who inherits your estate. Most people assume that everything would pass automatically to their partner but this is not necessarily so and certainly if you are not married or in a civil partnership, they will have no automatic right to inherit any part of your estate. Your estate may pass to the person or persons you would not want to inherit. It may result in financial hardship for your loved ones or an expensive court action.
Making a Will ensures that the people you want to benefit when you die receive your estate. Holmes & Hills are experienced to be able to draft a Will that is tailor made to meet your specific requirements.
We appreciate that some couples have ‘simple’ arrangements whilst for others their affairs may be more ‘complex’. Whatever your specific circumstances, Holmes & Hills Solicitors will be able to assist you.
*Declaration of Trust
**Deed of Variation
If you know your circumstances are due to change after you have made your Will, perhaps you are due to get married, are buying or selling a property, or are expecting children or grandchildren, your Will can be drafted to reflect this.
However, if you have previously made a Will and this does not provide for changes in your circumstances which have now happened, it is necessary for you to review and update your Will. Circumstances do change, and Holmes & Hills is able to review your Will and make any required updates you may need.
Understandably, the ongoing Coronavirus pandemic has meant that many people are making plans for their future and to ensure that their loved ones are protected by creating a Will. With this in mind, Holmes & Hills have put in place a number of enhanced Safe Service Standards to allow everyone to make their Will safely.
Our team of expert lawyers will minimise the amount of time you have to spend in our office. Your lawyer can provide expert legal advice through telephone or video calls in order to take your instructions. If you are required to attend the office, then our Safe Service Standards such as face coverings being worn at all times in reception areas, adequate social distancing in place and hand sanitizer being provided in each meeting room are designed with your safety in mind.
Holmes & Hills understand that the complexity of people’s affairs may differ and offer four different levels of Will service depending on your individual requirements, needs and circumstances. Each service provides couples with a saving on legal fees when they make ‘Mirror’ Wills, up to 21% (2). Each service level is at a fixed price, except bespoke.
Holmes & Hills’ Standard Will Service offers a Will writing service suitable for single people leaving assets to their family or friends, as well as for parents with adult children. This service is designed to provide a robust, simple Will at a competitive price.
Our experience tells us that many of us have family and personal circumstances that benefit from sound legal advice and guidance prior to making a Will. The following Will services are centred on this advice and guidance to ensure you are able to make a Will that protects your wishes, your family and wealth, as well as reducing the risk of a challenge to your Will being made in the future by a third party.
Our Standard Plus Will Service provides more comprehensive advice, allowing you to create a personalised Will with the benefit of sound legal advice on areas that we know cause concern to many clients. For example:
Our Premium Will Service is designed to protect you, your family and your wealth where particular requirements have been identified due to your individual circumstances. Our protective Wills may include a wish to:
Holmes & Hills' Bespoke Will Service allows you to access expert advice from the firm’s most senior solicitors and to have your Will tailored to your individual needs. This may be required due to complex family circumstances, business or farming interests or a personal wealth that requires protection through lifetime or Will trusts. You may also require advice on inheritance tax and a report on its impact on you. This service may require ongoing annual or bi-annual meetings but this will be discussed with you.
Married couples, civil-partners and co-habiting couples save between 16% and 21% when making Mirror Wills (2), the exact saving is subject to the complexity of the affairs and will be advised at an initial meeting.
There really is ‘no time like the present’ for you and your partner to make your Wills. Even if you have already made a Will, it might be a good idea to review it and see if it still meets all your requirements and accurately reflects your wishes. If we did not draft your existing Will it doesn’t matter, we are still able to advise you and prepare a new one should you wish to do so.
Following your death, because you have made your Will with Holmes & Hills Solicitors, your executors will be entitled to a free half hour initial appointment with one of specialist probate lawyers. This will inform them of their roles and responsibilities.
Whether or not you made your original Will with Holmes & Hills Solicitors or not, one of our specialist lawyers can assist you in updating your Will to ensure it is aligned with your current circumstances and wishes.
A Will ensures that on the event of your death your estate and assets are distributed in accordance to your wishes. However, if during the course of your lifetime you become unable to make key decisions regarding your personal finances or health care, you will need to have made a Lasting Power of Attorney for your loved ones to be able to make the choices you would want them to. Holmes & Hills Solicitors are able to make Powers of Attorney alongside, or separate to your Will.
There are excellent money saving opportunities when a Will is purchased alongside an LPA. Ask us about Lasting Powers of Attorney and how much you can save when you talk to us about your Will.
(1) By prior arrangement – home visit charges apply.
(2) Savings of between 16% and 21% are available for couples making Mirror Wills at the same time, compared to making individual Wills separately.