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Direct Wills Trusts – Secure Your Legacy with Confidence
Life is full of changes, and as your life evolves, so should your will.
Major life events like marriage, the birth of a child. Buying or selling property. Or a shift in how you want your assets to be distributed. Mean that an outdated will may no longer represent your wishes.
At Direct Wills Trusts, we specialise in the process of changing a will Leicestershire. Simple, clear, and customized to reflect the life you lead today. We cover all of England & Wales.
It is vital to make sure your assets are safe. Keeping your will up-to-date is essential for ensuring your estate is distributed exactly as you intend. Here are some key moments to review and possibly change your will:
At Direct Wills Trusts Leicestershire, our experienced professionals can guide you through each of these circumstances, ensuring your will accurately represents your latest wishes. We have years of experience of helping people. In your unique circumstances we can assigned specific assets. Creating mirror wills will help smooth distribution of your assets. A legally binding will can include a property protection trust.
When updating a professional will. The whole process has to follow a strict code of practice. This avoids any potential conflicts for future generations. When you die your close relatives and loves ones will be experiencing a difficult time.
To avoid issues in the probate process you must have a valid will. So that your assets don’t follow the intestacy rules of estate administration.
The cost of changing a will in the UK, including Wales, can vary depending on the complexity of the alterations you want to make. If the changes are minor, such as updating an address or changing a beneficiary, including an ex-beneficiary through a deed of variation, you may be able to use a codicil to amend your existing will, which can be a more cost-effective option. You can also reach out to us via email for further assistance.
If you need to make more significant changes or if your circumstances have changed substantially, it may be advisable to create a new will to address issues like intestacy, inheritance tax, and potential capital gains tax within the specific years of the date of death.
The cost of creating a new will with the help of a solicitor can range from around £150 to £300 or more, depending on the solicitor’s fees and the complexity of your estate planning needs, including the estate, with some services offering the first year free for new clients.
It is important to ensure that any changes made to your will are legally valid and reflect your current wishes, so seeking advice from a legal professional experienced in estate planning and wills is recommended to guide you through the process.
As part of the will writing process. We can create a lasting power of attorney for you. We can offer you legal advice around power of attorney. We do suggest that you get independent financial advice before going ahead. In the event of your death the powers of attorney will contact family members with clear instructions on your final wishes.
Our will writing services are perfect for unmarried partners. We take your personal circumstances into account when you want to update your own will. A valid will can ensure your distribution of assets. If you die without a will the state will follow the rules of intestacy.
We begin with a detailed consultation, where our specialists review your current will and discuss the changes you wish to make. We’ll advise you on any potential legal and financial considerations to help you make informed decisions. We can create lasting guardians to safeguard your wealth after you die.
Based on your needs, we’ll prepare a new will or add a codicil (an amendment) to your existing one. This legal document clearly outlines the changes you wish to make. For many that own a family farm as an example the worry of agricultural property relief is a heavy burden to carry.
After you approve the draft, we facilitate the witnessing and signing of the document. We ensure everything is legally compliant and securely stored for future peace of mind.
Once approved, your will is finalized, signed, and witnessed. We also offer secure storage options to keep your will safe for the future.We can advise on changes to inheritance tax relief, inheritance tax changes and more. It is important that you contact a law firm to discuss probate and your tax bill.
To make sure your will is valid, it’s important to follow these steps:
It is advisable to keep a copy of your will for yourself and provide another copy to a reliable person for safekeeping. Regularly review and update your will whenever there are significant changes in your life to guarantee that it accurately represents your current intentions and preferences.
Not at all. Changing a will can be as straightforward as making a few modifications. At Direct Wills Trusts, we provide expert support to guide you through each step.
Yes, you can amend parts of your will by creating a codicil, which is a legal document that updates specific sections without requiring an entirely new will.
Yes, for the change to be legally binding, witnesses are required. We’ll ensure that this step is completed correctly and legally.
Our fees vary based on the complexity of your changes, but we offer upfront pricing, so there are no surprises. Our initial consultation is free to help you understand what’s involved.
Changing a will doesn’t have to be complicated. At Direct Wills Trusts, we’re here to help you keep your plans current and in line with your evolving life and goals. A small step today can offer peace of mind for years to come.
Ready to Update Your Will?
Contact Direct Wills Trusts Leicestershire now for a free, no-obligation consultation. Let us help you protect your legacy, secure your assets, and ensure your wishes are respected.