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Having
a valid Will is the best way to ensure that your property
will be dealt with after your death in the way that you
want.
Why
should you have Will?
If
you die without a Will, the Public Trustee may be appointed
to administer your estate. In such a situation, the distribution
of your property may not occur how you would have wanted
it to occur. The Public Trustee charges for this service
and will take up to 4% of the total value of your estate
to cover this. The cost of a solicitor to act as the executor
of your estate is generally less than having the Public
Trustee administer your estate.
What
happens when you die with a valid Will?
When
you have a Will created, you will name a person to be your
executor. They will then be in charge of executing your
Will in accordance with your instructions. Often these people
will seek advice or assistance from a solicitor.
When
should you update your Will?
Keeping
your Will up to date can avoid a lot of future problems.
You should update your Will when your life circumstances
change (for example: when you get married or divorced, have
a child or buy or sell property).
Which
solicitors practise in this area?
Our
solicitors who practise in this area are:
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