Writing your Will
A good Will is a cornerstone of future planning. It can help ensure that any tax payable on your assets is kept to a minimum and that those you care about will be provided for.
Many people do not have a Will. They may think that they do not own enough to make it necessary, they may think that their spouse, civil partner, or partner of many years will receive everything automatically, or there may be other reasons. If you are one of these people, you should think again. The law in Scotland is not straightforward and your spouse, civil partner or partner may not receive everything you think they will.
A good Will is clear and concise. It ensures your assets are distributed in accordance with your wishes with a minimum of administration and without paying more tax than necessary.
Not only is it important to have a Will, it is important to keep it updated. As your circumstances change, so should your Will. Have you married or entered into a civil partnership? Had children? Inherited? Bought property? All these things can make a significant difference to your circumstances and you should review your Will regularly to make sure it takes account of all these factors.
We are extremely experienced in making Wills and can help you to plan the best for those closest to you.
To find out more about writing a Will, please contact Graham Scott or Carole Hope on 0131 225 1200.