Wills
It is important to make sure you have a valid Will so that, after your death, those who you care about will be provided for as you would wish. Without a Will, the "laws of intestacy" will apply to your estate and this can mean:
- Your spouse and children receive assets on terms you don't like
- You fail to appoint guardians for your children
- Non-blood relatives, friends or cohabiting partners are excluded
- Tax liabilities and administration expenses are greatly increased
- Your estate is administered by someone you wouldn't have chosen
Berryman's friendly and approachable team can help you draw up a Will and will also talk you through ways of minimising inheritance tax.
It is also important to update your Will regularly to take account of changes in your personal or financial circumstances.