The importance of writing a will cannot be underestimated and IWC make it easier than ever before to make sure your last wishes are carried out. Our consultants will visit you at home to discuss our will writing service and offer the best advice on making a will.
If you think its time to write a will, whether you are making a will for the first time or if you are updating an existing will and you need to know the cost of writing a will call us free of charge on 0800 612 6105.
Have your last wishes carefully crafted by wills and probate specialists at IWC. We can ensure that provisions are put in place to avoid additional stress and strain for your loved ones and that your arrangements are inheritance tax efficient.
IWC provide a range of will writing services including:
Will making with IWC
Nationwide - Our service is available throughout the UK.
Free Help & Advice - Call us free on 0800 612 6105 for help making your will, open until 10pm 7 days a week.
Fully Qualified - your work will be carried out by a full STEP member or Law degree qualified personnel.
Will Writing Specialists - We are a specialist Will Writing and Probate company, fully conversant in current inheritance laws.
Fixed Fees - IWC offer a low cost fixed fee to write your will, with no expensive hourly rates.
Probate Service - We can also assist your family through the probate process.
Fully Insured - and Regulated by the Society of Will Writers & Estate Planning Practitioners.
Why Will Making is Critical
As Benjamin Franklin said, in this world nothing is certain but death and taxes. A Will is simply preparing for the inevitable and ensuring that the tax part is much easier for your loved ones to deal with.
Laws of Intestacy - if you die without leaving a valid will, your estate will be dealt with in accordance to with statutory intestacy law. This effects who can apply for probate to legally administer your estate and ultimately, who will benefit in the event of your death. It is a strict hierarchy which prioritises next of kin in the order of spouse, adult children, parents, siblings etc. Terrible situations can arise as a result of not having a will; for example, common law spouses have no entitlement. The law dictates not only who has the right to inherit but also how much they receive, this can often leave partners with inadequate funds. There is much more potential for dispute.
Probate Process - The probate process is more difficult. You will not have chosen any executor and the intestate administrator has to deal with everything. This includes the distribution of assets in accordance will statutory laws; particularly difficult when intestacy laws prevent certain people from inheriting and how much each beneficiary inherits. Furthermore, applying for probate is not permitted by children under the age of 18.
Inheritance Tax - Neither are you making any provisions to limit the amount of inheritance tax the estate will be liable for. A will is much more than simply making sure your last wishes are carried out. It is lessening the tax liability so your loved ones do not end up having to give 40% of their inheritance to the Government.
Businesses - a will is vital when you have a business. Disputes often arise where a member of the family works for the company and can have disastrous consequences.
Keeping your Will Updated - Updating it regularly is essential to avoid cases of partial intestacy. Any assets you have not included are bequeathed in accordance with intestacy rules. Plus your circumstances may change if you separate, re-marry or have another child. Inheritance tax laws change regularly so it`s vital to make sure that your will reflects this.
Leaving a valid will ensures your loved ones receive their entitlement, based on your wishes. Having a will means you can be sure that this is done in the most tax efficient way. For help and advice, or to book your home appointment, call IWC now on 0800 612 6105.Book now!