1. Expertise and Knowledge: A professional will writer has the expertise and knowledge to ensure your will is comprehensive and legally sound. They are familiar with the nuances of inheritance law and can help you navigate complex issues, such as inheritance tax planning, trusts, and ensuring your will reflects your current wishes accurately.
2. Avoiding Mistakes: Writing a will involves detailed legal language and specific requirements. A professional will writer ensures that all necessary formalities are met, reducing the risk of errors that could render the will invalid. This includes proper witnessing, accurate descriptions of beneficiaries and assets, and correct execution procedures.
3. Customized Solutions: Everyone's situation is unique. Professional will writers can tailor your will to fit your specific circumstances, such as blended families, business ownership, or complex financial situations. They can advise on the best ways to distribute your estate to meet your goals and protect your loved ones.
4. Tax Efficiency: Professional will writers are knowledgeable about tax laws and can help you structure your estate in a tax-efficient manner. This includes making the most of allowances like the Nil Rate Band, Residence Nil Rate Band, and potential use of trusts to minimize inheritance tax liabilities.
5. Peace of Mind: Using a professional will writer provides peace of mind, knowing that your will is legally valid and reflects your wishes. It ensures that your estate will be handled according to your plans, reducing the potential for disputes among beneficiaries.
6. Comprehensive Estate Planning: A professional will writer can offer comprehensive estate planning advice beyond just drafting your will. This might include setting up lasting powers of attorney or making provisions for vulnerable beneficiaries.
7. Updating and Reviewing: Your circumstances can change over time. Professional will writers can assist with updating and reviewing your will to ensure it remains current and relevant. This is crucial after major life events such as marriage, divorce, the birth of children, or significant changes in assets. This is all free of charge at DL Wills LLP.
8. Legal and Professional Accountability: Professional will writers are often members of recognized professional bodies and adhere to strict codes of practice. DL Wills LLP are members of The Society of Will Writers, this provides an additional layer of accountability and ensures a high standard of service. In the rare event of a problem, you have recourse through this professional organization.
Imagine Sarah, who has a blended family with children from a previous marriage. She also owns a business and several properties. Sarah wants to ensure her children and stepchildren are provided for and her business is smoothly transitioned. A professional will writer helps Sarah draft a will that sets up appropriate trusts, takes advantage of tax reliefs, and clearly outlines her wishes, ensuring there is no confusion or legal challenges after her death.
Copyright © 2024 DL Wills - All Rights Reserved.
DL Wills LLP, Limbourne Park Lodge, Main Road, Mundon, Maldon CM9 6NU Registered No. OC452817
We are members of the Society of Will Writers and adhere to their code of practice.