Wealden Times | WT223 | Sept & Oct 2020 | Kitchen & Bathroom supplement inside
Wealden Times - The lifestyle magazine for the Weald
Wealden Times - The lifestyle magazine for the Weald
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ADVERTISEMENT FEATURE<br />
Making your Will<br />
The The dangers of of DIY Wills, the the dangers of of the the unregulated sector and andthe the desperate<br />
dangers of of on-line Will construction packages<br />
Making a Will a Will can can be bessential to to ensure<br />
suffer a loss a loss or or - worse - still still - inherit - solicitor taking the the instructions should get get<br />
that that on on your your death certain assets are are nothing.<br />
to to know know their their client client and and provide advice not not<br />
distributed according to to your your wishes. If If<br />
restricted solely solely to to the the Will Will but but to to related<br />
you you do do not not create a Will a Will then then you you risk risk Another danger is the is the charge that that the the matters such such as Lasting Powers of of<br />
assets passing by by intestacy rules rules to to testator does does not not have have sufficient mental<br />
Attorney, Inheritance Tax Tax and and financing<br />
people you you may may not not wish wish to to benefit.<br />
capacity. A AWill Will made made in in such such long-term care. care. Some online Wills Wills involve<br />
Despite this, this, two twout out of of three three adults do do circumstances is likely is likely to to be be challenged<br />
no no human contact at at all all - information - is is<br />
not not have have a Will a Will in in place. Of Of those those who who do doafter after death. If that If that challenge succeeds,<br />
inputted and and a Will a Will generated. Algorithms<br />
have have Wills Wills these these often ofteneed need updating or or assets are are distributed according to to are are increasingly sophisticated but but can can a a<br />
are are invalid. Why?<br />
intestacy rules rules or or a previous a Will. Will. With With an anprogram provide tailored advice or or<br />
ageing population and andisharmonious<br />
produce a bespoke a Will? Will?<br />
One One reason is cost. is cost. Wills Wills drafted by by a a families, contested Wills Wills are are on on the the rise. rise.<br />
solicitor - who - who has has taken taken detailed<br />
Using a solicitor a helps helps safeguard against<br />
Choice is important is but but some some choices<br />
instructions and and has hasa good a good<br />
this. this.<br />
carry carry increased levels levels of of risk risk that that your your Will Will<br />
understanding of of the the client’s wishes,<br />
won’t won’t function as as you you might have have wanted,<br />
needs and and aspirations as as well well expertise in in Your Your Will Will may may also also be be challenged if it ifcan<br />
it can may may result result in in an an unnecessary Inheritance<br />
statute and and common law law - have - have a price a price be be suggested that that it was it was procured<br />
Tax Tax liability, or or be be invalid. Sadly, some some of of<br />
tag. tag. This This can can be be off-putting, even even though<br />
through duress or or undue influence. This This our our work work involves assisting clients who who<br />
people do do not not think think twice twice about<br />
situation does does come in in front front of of solicitors<br />
have have fallen fallen foul foul of of a poor a poor Will-drafting<br />
expenditure for for protecting assets in in other other– usually – in in the the guise guise of of third-party<br />
service or or assisting bereaved relatives<br />
contexts, for for example house insurance.<br />
instructions froma potential a beneficiary.<br />
negotiate an an unexpected intestacy<br />
Solicitors must must ensure that thata testator’s a situation. With With the the complexity of of modern<br />
A Acheaper option is the is the self-regulated<br />
Will Will instructions are are not not a result a result of of assets, changing tax tax regimes and and the the<br />
Will-drafters marketplace. Some are are coercion being being exerted against them.<br />
increasing variety of of family structures. Will Will<br />
efficient, expert and and carry carry appropriate<br />
There are are no no such such checks with with a DIY a DIY Will. Will. you you make make the the right right choice?<br />
amounts of of insurance against the the risks risks of of<br />
mistakes but but there there is no is no guarantee that that Increasingly, people turn turn to tonline<br />
you you will will pick pick this this type type of of Will-drafter.<br />
solutions. Online Will Will drafting suffers<br />
If you If you are are having trouble with with an an online<br />
from fromthethe dislocation between the the will will service or or are are in ineed need of professional<br />
What What are are the the dangers of of DIY DIY Wills? Well Well information gathering process on on the the one onelegal legal advice regarding a Will, a Will, please<br />
- if -you if you get get it wrong, it there there is no is none one to to hand hand and and the the Will Will drafting on on the the other.<br />
contact us us now now on on 01892 510222, or or at at<br />
sue. sue. Your Your chosen beneficiaries could could Buss Buss Murton Law’s Law’s view view is that is that the the info@bussmurton.co.uk.<br />
Please get get in in touchwith our our Private Client teamwho will will be be happy to to help.<br />
Edward Walter Graham Edwards Kristy Kristy Underwood<br />
Amanda Jardine-Viner<br />
Claire Shireby<br />
www.bussmurton.co.uk T: T: 01892 510 222<br />
TUNBRIDGE WELLS | | CRANBROOK | | EAST GRINSTEAD | | DARTFO<br />
Buss Buss Murton Law Law LLP LLP is aisLimited a Limited Liability Partnership No. No. OC345994 and and is authorised and and regulated by the by the Solicitors Regulation Authority.
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