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Wills
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What is a Last Will and Testament?A last will and testament is a legal document that outlines a person's wishes as to how their estate is to be distributed after their death. It appoints executors and, if necessary, guardians and trustees.
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How do I know if I need a new will?By reviewing your current will to see whether it still fulfils your wishes. Wills can be complex and confusing, which is why we offer a free will review service so that we can help you check all aspects of your will thoroughly.
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Where can I store my Last Will and Testament?In short, it is entirely your decision. However, you must ensure that the location is both fire proof and secure; it is also extremely important to inform your executors where it is so they can access it when needed. We offer a document storage facility here at Goodwill for a small annual fee of £30.
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What happens if I die without a will?You die instestate and the rules of intestacy apply, click here to see them. We stongly advise that you have a will in place to avoid this from happening.
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Who do I choose as my executor?First things first, it is always adviseable to have executors not a sole executor. You can appoint up to 4 executors and you should consider their age, where they live in relation to you and also if they would want to act.
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What is a Guardian? How do I appoint them?A guardian is someone who has the legal authority to take care of a child should anything happen to the parents. Guardians are responsible for making all parental decisions and can also be responsible for managing a child's property and inheritance. You appoint your chosen guardians in your will and it is important to consider your chosen guardian's: - Health and age - Financial stability - Location - Lifestyle
Estate planning encompasses your personal and business affairs both in your lifetime and after your death.
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The process can be daunting and overwhelming but rest assured we will help you every step of the way.
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Putting a plan in place now protects you and your loved ones from the uncertainties that crop up during our lifetimes
Have you got a question?
Get in touch today, we would love to hear from you and are always happy to help :)
LPAs
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What is a Last Will and Testament?A last will and testament is a legal document that outlines a person's wishes as to how their estate is to be distributed after their death. It appoints executors and, if necessary, guardians and trustees.
-
How do I know if I need a new will?By reviewing your current will to see whether it still fulfils your wishes. Wills can be complex and confusing, which is why we offer a free will review service so that we can help you check all aspects of your will thoroughly.
-
Where can I store my Last Will and Testament?In short, it is entirely your decision. However, you must ensure that the location is both fire proof and secure; it is also extremely important to inform your executors where it is so they can access it when needed. We offer a document storage facility here at Goodwill for a small annual fee of £30.
-
What happens if I die without a will?You die instestate and the rules of intestacy apply, click here to see them. We stongly advise that you have a will in place to avoid this from happening.
-
Who do I choose as my executor?First things first, it is always adviseable to have executors not a sole executor. You can appoint up to 4 executors and you should consider their age, where they live in relation to you and also if they would want to act.
-
What is a Guardian? How do I appoint them?A guardian is someone who has the legal authority to take care of a child should anything happen to the parents. Guardians are responsible for making all parental decisions and can also be responsible for managing a child's property and inheritance. You appoint your chosen guardians in your will and it is important to consider your chosen guardian's: - Health and age - Financial stability - Location - Lifestyle
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