If You Have Children Under 18 Years Old
If you have children under 18 years old, one of the most important aspects of your Will is who you would like to care for your children should you pass away before they reach adulthood. The people who you nominate to do this are known as Guardians. If you die without a Will, other people will decide who will look after your children and how they are educated.
Here at Austin Kemp, our experienced solicitors will ensure that your Will includes the details of the Guardians you have chosen for your children. We will make the process simple and hassle-free, while ensuring that the legal side of things is covered.
If You Have Children Over 18 Years Old
Dying without a Will is known as dying “intestate”. This means that intestacy rules will apply to your estate. These laws will command how your estate is divided, which could mean that your assets, such as your house or personal belongings, do not necessarily go to those who you would have wanted them to go to.
According to the law of intestacy in England and Wales, children will get their inheritance when they reach 18 years old. What’s more, if your children do have rights to your estate, then it will be divided equally between them. Any stepchildren will not be included.
These blanket rules may not be what you want or had envisaged would happen after your death. Making a Will can help you to make sure that your wishes are recorded in a legal document. You could specify, for example, that you would want your children to inherit your estate when they are older and more mature at 25 years old.
Whatever your wishes, writing a Will is a vital part of planning for your children’s future, whether they are already adults or still under 18 years old.
If You Have Stepchildren
Intestacy rules do not take stepchildren into account. Therefore, if you die without a Will, you could find that your stepchildren are left with nothing.
As a result, it’s vital that, if you want your stepchildren to inherit, you write a Will to this effect.
If You Have Children from a Previous Relationship
If you are married and have children from a previous relationship then die intestate (without a Will), your spouse will inherit the first £250,000 of your estate. This could result in your children ending up with only a small inheritance – or even no inheritance at all.
Conversely, if you are in a relationship but not married and die intestate, your children will inherit your estate, leaving your spouse with nothing.
Intestacy rules mean that when you die, the people you love could be left with no money from your estate. By writing a Will, you can ensure that your wishes are taken into account.
We Make Writing a Will Easy
No-one wants to spend more time than necessary thinking about what will happen after their death.
At Austin Kemp, our specialist solicitors make writing a Will easy, quick and hassle-free, so you can get on with living your life, safe in the knowledge that your loved ones are protected, should the worst happen. We will work with you to make the Will you want and will provide advice and guidance appropriate to your unique circumstances.
Making a Will is the only way to ensure that your family is taken care of should you pass away and will give you and them peace of mind that their future is secure when you’re no longer there.
How Much Does a Will Cost?
Fixed-fee Wills start from only:
Prices start from £225 +VAT (£270 including VAT) for a Lasting Power of Attorney.
Once you have received a personalised quote for your Will from us in writing, you can rest safe in the knowledge that the cost will not alter further down the line.
We also store your Will in a secure place at no additional cost.