Wills

What is a Will?

A Will is a legal document that allows you to set out what you want to happen after you die. Even if you do not consider yourself to have many possessions or much money, it is still important to consider putting a Will in place.

What happens if you don't have a Will?

If you do not prepare a Will your assets will pass under the Rules of Intestacy. These rules are set out in legislation as to who will inherit. The order of priority is as follows:

• Spouse - If there are children: Spouse receives the first £250,000 and all personal possessions and half of the remainder, the other half of the remainder is split equally between any children. If no children: Spouse receives everything;
• children in equal shares;
• grandchildren in equal shares;
• parents in equal shares;
• brothers and sisters in equal shares;
• half-brothers and half-sisters in equal shares;
• grandparents in equal shares;
• aunts and uncles in equal shares;
• half-aunts and half-uncles in equal shares;
• The Crown.

Do you have any more questions about preparing a Will? Visit our FAQ Section.

How can NewLaw help you?

At NewLaw, we want to make the preparation of your Will as easy and stress free as possible. We are able to prepare your Will in a number of different ways:

• by telephone
• email
• face to face meeting
• home visit

To give you peace of mind, we always work on a fixed fee basis which means there will be no surprises. Once we have agreed the work we will carry out for you, we will inform you of our fees up front.