NOTE
This is intended as an initial guide only and a follow-up appointment with a solicitor will be required to finalise and perfect your instructions. The Online Form is designed to give you a broad outline of the main elements that you need to consider when making your will. If you need any assistance in completing the Online Form, please call us on 058 44166 / 44167 and we will be happy to assist. Please note that any information you submit is kept strictly confidential.
We will advise you on any tax implications of your wishes. We will discuss with you how your Executor (and Trustee and / or Guardian, if applicable) will implement the terms of your Will when the time comes. Once you have been fully advised and you are happy with the instructions you have given to the solicitor, we will draft your Will in accordance with those instructions and it will then be properly executed by you and witnessed.
We will advise you on any tax implications of your wishes. We will discuss with you how your Executor (and Trustee and / or Guardian, if applicable) will implement the terms of your Will when the time comes. Once you have been fully advised and you are happy with the instructions you have given to the solicitor, we will draft your Will in accordance with those instructions and it will then be properly executed by you and witnessed.
WHY MAKE A WILL?
One of the main reasons and best advantage of making a will is that you have a clear legal document to direct what becomes of your property, assets and possessions on your death. A will allows you to provide for loved ones and family members on your death and allows you to appoint trustees and guardians of any minor children that you may have. A will allows you to choose who is to handle your legal affairs on your death. Making a will is also an opportunity to ensure that the absolute minimum amount of inheritance tax is paid by your beneficiaries on your death (Tax Planning).
If you die without making a will (intestate) your property, assets and possessions will be distributed in accordance with the intestacy provisions of the Succession Act 1965. In some situations such distribution may not be what you wish or expect and it could give rise to unnecessary inheritance tax having to be paid by your next of kin.
If you die without making a will (intestate) your property, assets and possessions will be distributed in accordance with the intestacy provisions of the Succession Act 1965. In some situations such distribution may not be what you wish or expect and it could give rise to unnecessary inheritance tax having to be paid by your next of kin.
WHO SHOULD MAKE A WILL?
We would recommend that all of your clients make a will, no matter how large or small your assets might be. In particular, one should seriously consider making a will in the following circumstances:
- If you get married (a subsequent marriage automatically revokes an existing will)
- If you have young children
- If your marital status changes for any reason (Divorce, Judicial Separation, Separation)
- If you own property or any other significant asset.
- If you are in a long term relationship but have not married.
- If you get married (a subsequent marriage automatically revokes an existing will)
- If you have young children
- If your marital status changes for any reason (Divorce, Judicial Separation, Separation)
- If you own property or any other significant asset.
- If you are in a long term relationship but have not married.