Will Information
Each family and relationship brings unique circumstances, necessitating tailored legal advice for the best outcomes. Our team at Godfreys Law aims to guide you through the process of drafting a Will, ensuring it’s as stress-free as possible.
What is a Will?
A Will is a legal document that specifies your wishes for your property and dependents after you die. Your estate includes everything you own and any debts. In your Will, you appoint an executor to manage your estate and ensure your wishes are carried out. You can also specify guardians for minor children, caretakers for pets, and designate beneficiaries for specific gifts and the remaining estate.
Why You Need a Legal Will
Every adult should have a Will to clearly outline their estate's distribution. Significant life changes, like marriage, property purchases, childbirth, business ventures, or divorce, should prompt a Will update to reflect current wishes. A well-drafted Will reduces the likelihood of successful challenges against your estate. Without a Will, the law dictates the division of your assets, which might not align with your desires.
Choosing an Executor
An executor ensures your Will is executed as per your instructions. This role may also involve acting as a trustee, managing the estate until it’s distributed to beneficiaries. You can appoint a family member, friend, or our experienced lawyers, especially for large or complex estates.
Contact the Life Law Team
Properly preparing a Will is crucial to avoid it being deemed invalid. We can explore options like protecting property for children or structuring assets to avoid claims from difficult family members and creditors. The Life Law Team at Godfreys Law is here to ensure your loved ones are well cared for. Contact us at 03 366 7469 to prepare or update your Will.
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