Preparing a Will needn’t be time-consuming or costly. We can help you write a thorough and considered document to protect your family’s interests when you are gone and all at a reasonable cost.
We will advise you on the importance of making a Will and the consequences for your family if you don’t.
When you talk to us about writing your Will, we’ll ask you to make decisions on the following areas:
If you don’t prepare a Will, intestacy laws in Scotland will dictate who inherits your estate. Those whom you might have wished to provide for could find themselves facing a legal battle to secure a share of your estate at an already difficult time.
You should consider updating your Will every five years or so, or when there is a major change in your personal or financial circumstances, such as marrying, having children, divorce or buying/selling a home.
A Power of Attorney is a legal document that nominates a family member or close friend to act on your behalf should you, through illness, an accident or old age, be unable to manage your own affairs at a later date. It operates as an insurance policy against an unforeseeable future and gives assurance that whatever lies ahead, someone you trust will be legally responsible for your finances and your welfare.
We are also able to arrange a short-term Power of Attorney for a specific legal task that you’re unable to carry out in person, i.e. if you sell a property in Scotland but are out of the country when missives are being exchanged.