It is sensible to get your Will checked by lawyers experienced in Will writing. There are 4 main reasons for this:
1. If your Will is quite old, your circumstances may have changed and it makes sense to get it updated while you are able.
2. Your Will probably only covers who is to inherit your estate when you die and who has to be the executor. Amba Legal Services go further and provide estate planning Wills which also cover “how will the inheritance affect your children or other beneficiaries”. What you thought was right when you made your Will often turns out to be wrong when the time comes.
3. If your Will contains a Trust, especially if it is a Property Protective Trust or a Nil Rate Band Trust, then you will probably lose out on the new Residence Nil Rate Band Inheritance Tax Allowance which came in in April 2017, resulting in more going to the taxman.
4. Research shows that 1 in 4 Wills are defective or of poor quality. We have seen Wills which look good on the face of them but turn out to be just plain wrong. Our advice? Don’t take the risk. Get Amba Legal Services to carry out a free safety check on your Will. If it’s OK, that’s good to know. And if you do need a new Will, our fees are very reasonable.
We are a family owned firm with thousands of clients across Worcestershire. So you are in good hands. Please call 01299 251442 for further advice.