Will Solicitors/Will Writing Solicitors Newcastle and Sunderland

Share our article online.

5 Things to Think About When Making a Will

The Problem with Leasehold Property - Conveyancing Solicitors, Newcastle and Sunderland

Wills Solicitors/Wills Writing Solicitors, Newcastle and Sunderland.

If you haven’t had a Will drafted before, you may be unaware of the different factors you may have to take into account. I was very ignorant about the issues that may arise if a Will is not drafted with specific wishes in mind. When I began working for Emmersons Solicitors I undertook extensive training in this area and began to think about some of the important decisions we must make before a Will can be successfully drafted.

I have compiled a list of 5 issues which you may want to consider before drafting your will.

1. Who will be the Executors of your estate Who will be the Executor of your Estate?
This is a personal question for everyone, who would you trust to execute the wishes noted in your Will. Will there be more than one Executor or will there be replacements if they are unable to act? Is your choice of Executor viable if they live hundreds of miles away?

2. Assets There are a number of things to think about when it comes to your assets. What exactly are your assets?
From the time between the making of your Will your assets are subject to change. For example, if you have a mortgage on your property, your assets will change as you pay off the mortgage and the equity you hold in the property increases.

3. How will my assets be distributed? Who will be your beneficiaries? What gifts do you wish make and to whom?
If you wish to make a gift to a relative or friend, is it better to draft this as a percentage of your estate or a specific amount? It is often more advisable to draft the gift as a percentage of your estate as specific gifts are paid prior to your residuary estate.

4. Children Are your children 18 and therefore dependants?
If so, do you wish to appoint specific people as Guardians for your children? Often families are more complex with step-children, adopted and biological children. You must provide for any of your own minor children.

5. Burial or cremation?
This is often something that is overlooked when drafting your Will. Do you require a religious ceremony or humanitarian, burial or cremation?

Your Will is the ideal place to express your wishes regarding this and to let your Executors know what kind of ceremony you would like.

These are just some of the things you should think about before drafting your Will, please note that this list is not exhaustive. If you wish to discuss any of the issues noted in this list, please do not hesitate to contact us.

Will Writing Solicitors Newcastle:   0191 284 6989
Will Writing Solicitors Sunderland: 0191 567 6667

You can also contact us now
for a FREE Review of Your Will

Our Gosforth office is located at 137A Back High Street NE3 4ET - call in and see us at any time. We have wheelchair access, you can be dropped off at our front door, and there is free parking on the adjoining streets.

You can also park opposite our Sunderland Office on John Street.

Follow Emmersons Solicitors, Newcastle and Sunderland, and keep up-to-date with our latest news and comments.

Regulated and Authorised by the Solicitors Regulation Authority. SRA ID Number 622695

Emmersons Solicitors is the trading style of Emmersons Solicitors Limited Registered in England. 09313030
Directors: Jacqueline Emmerson, Arthur Michael Robinson. View website and cookie policy | View Privacy Policy

Copyright © 2020 Emmersons Solicitors. All rights reserved. | Designed & managed by Arttia Creative Ltd