- Standard Single Wills For One Person
- Standard Mirror Will For A Couple
- Storage Of Wills
- Advanced Medical Directive Or Living Will
- Pre-arranged Funerals
- Asset Preservation Trust
- Disabled Beneficiary Trust
- Trusts To Protect Property
- Children's Protective Trusts
- Lasting Powers Of Attorney
- Some Interesting Facts About Wills
Some Interesting Facts About Wills
Every individual over the age of 18 should have a Will, whether rich or poor, male or female, single, married or with a Civil Partner. Here are just a few good reasons why.
Without a Will:
- We think our spouse/civil partner will automatically receive all of our estate, but they won't!
- If you are single (ie. not married or you do not have a civil partner), under the laws of intestacy (dying without a Will) your partner will not receive anything from your estate
'Over 70% of the population have not got a valid Will'
- Guardianship of minor children is uncertain if the parents die without a Will that appoints guardians - Would you want your child to become a Ward of Court
- Children may inherit substantial sums of money at a time when they are not mature enough to manage such sums. A Will can control the release of money to your children.
Longest Will - Mrs Frederica Cook - 95,940 words, bound in four volumes
- A family can suffer acute financial hardship because of delays in the administration of an estate.
- Many family heirlooms are lost because no one can decide who can have them, so they are sold.
- Millions of pounds of inheritance tax are unnecessarily paid each year due to a lack of planning which can be dealt with in the Will of the deceased.
Shortest English Will - 'All for Mother' in which his mother was his wife, not his mother. It was contested and later admitted for probate in 1906
- Charities, friends and distant relatives will not benefit without a Will.
- Thousands of home owners lose the equity they own in their home if they need long term care and such equity is used to pay for such care, with pre-planning this could have been avoided
Oldest Will - found on Wall of Tomb of Kings - dated back to 2600 BC!
- Family wealth will not be protected from spendthrift beneficiaries or beneficiaries with anti-social habits such as alcohol or drug abuse.
- Funds left for disabled beneficiaries will often be used to pay for the care of such persons and prevent them from claiming certain state benefits - and who will manage their funds.