Don t leave your loved ones with extra expense and complications.
Individuals who die without an up to date will, or intestate, leave costs and worry to their beneficiaries and often gift lots of money to the Government in what may be avoidable Inheritance Tax (IHT).

The Law Society says that anyone with assets and family or friends should make a will, irrespective of their years. It is particularly important if you are not married to your partner, because the law does not give partners the same rights of inheritance as spouses.
Property that is owned jointly by unmarried partners on a joint tenancy basis would still pass automatically to the surviving partner under the rules of survivorship. Under the current intestacy rules, an unmarried partner has no rights to assets and property that were not jointly owned (although the Law Commission has recently proposed to change this).

Constructing a will is also vital if you have kids, as you can propose guardians to care for them.

It is important to create a list of assets and liabilities and their approximate values. Include your house, investment, nest egg, insurance policies and pension.
In addition, think about personal legacies. Just telling a family member that an item will be his or hers one day could cause problems later.

You should take professional advice on IHT planning as part of writing your will. Easy measures could save the beneficiaries of more well-off householders thousands of £’s in tax.

A vital component of creating a will is the naming of executors to ensure that your will wishes are carried out correctly.

You should also your will every or so and whenever your situation are altered by a significant life event, such as marriage, split up or a birth or death in the close family. Another instance would be after a house buy or move.

Whoever draws up your will, make sure at least 1 copy is kept secure or deposit 1 with a probate registry.

Consilium Asset Management supply will writing services in Bristol