Will Writing is not part of the Intrinsic offering and is offered in our own right. Intrinsic Financial Services accept no responsibility for this aspect of our business. Will wirting is not part of the Intrinsic offering in our own right. Intrinsic Financial Services accept no responsibility for this aspect of our business.
Will Writing is not regulated by the Financial Conduct Authority.
No one likes thinking about it, so it’s hardly surprising that many people don’t have a Will in place. Yet a valid Will is one of the most important arrangements you can make during your lifetime.
If you don’t have a valid Will in place, then your loved ones may not see the benefit of all your hard work and the assets and possessions you have acquired. Without a Will, your assets, such as your house, your bank accounts, savings and investments, and even your personal possessions such as jewellery, your car and anything else of value could be distributed under the intestacy rules rather than going to your loved ones.
Intestacy rules (which apply if you die without a will) pass your assets on, dividing them up in a specific order. The rules are slightly different in Scotland than in England and Wales but overall they are intended to make sure the bulk of any estate passes to any surviving spouse/civil partner and children . Despite this, it’s not a foregone conclusion that your loved ones will get what you’d like them to have, and with family circumstances ever more complex these days, it’s a good idea to ask an independent broker.
If no immediate relatives are traced, your estate may even end up being passed to the government.
If you do have a valid Will your executors will have to apply for probate and if everything is in order in the Will, your estate will be distributed as you wish. Inheritance tax may need to be paid before the balance of the estate is released to the trustees or beneficiaries.
Call Jan today on 01752 256915 and have peace of mind knowing all the correct legal arrangements are in place and your loved ones are provided for.