Winterborne Legal Services

Wills & Trusts in Bridport

A basic family Will allows you to choose:

 

  • Who will be responsible for winding up your personal affairs after your death? This person is your executor.
  • Your funeral arrangements. You can include detailed instructions about your funeral, or simply say whether you would wish to be buried or cremated
  • A guardian to raise your children until they reach the age of 18. You can leave your chosen guardian instructions on how the children should be raised
  • Who will inherit everything that is left after your executor has paid your debts and liabilities? A married couple making a family Will usually choose to leave everything to each other, and then to their children

Wills & Trusts

Read through our posts for helpful information regarding wills and trusts or get in touch to book a consultation.

BEING FAIR

‘We want to be fair to the children’. ‘We want everything to be simple for the children when we’ve both gone’. These are probably the two most frequent comments people make when we’re discussing their Wills. Being fair in their Wills is very important to most couples....

WILLS

Making a Will means you can set out who will benefit from, and enjoy, your money and personal possessions after your death. You can explain your wishes for your funeral, provide for your pets, and decide at what age young children should be able to receive their...

IF YOU DON’T HAVE A WILL, YOU’RE NOT ALONE. 

Statistics show that more than 50% of the adult population have not taken this important step. If you have decided the time has come to take this important step, you can provide certainty for your family and friends and make sure your wishes are carried out. Making a...

WILLS FOR COUPLES IN SECOND MARRIAGES

If you and your husband or wife have been married before, you may be wondering about the best way of providing for them, without disinheriting your children. This has proved a dilemma for many couples and sadly many have misunderstood how a basic Will works. The...

WILLS FOR UNMARRIED COUPLES

Wills are important for unmarried couples, who do not enjoy the same rights and legal protections as married couples. There are no automatic rights for unmarried partners under the Intestacy Rules. If you don't provide for your partner, they could apply to the Court...

TRUSTS

Trusts are not just for the wealthy.  They have been used by ordinary families for many years to provide for minor children or disabled family members. They are also used to protect assets against the potential divorce, death or bankruptcy of beneficiaries. ...

TRUSTEES

Are you the executor of a Will which includes a Will Trust?  If so, you may also be the Trustee of a Will Trust created by the Will. Will Trusts were used for many years before the law changed to allow married couples to transfer unused Inheritance Tax allowances...

WHY USE A TRUST?

Will Trusts are flexible and can provide for many different family circumstances. How are they flexible?  Well, your beneficiaries can be given a fixed entitlement or interest.  This means that they and your Trustees know from the start what the...

JOINTLY OWNED PROPERTY

If you and your other half, whether married or cohabiting, jointly own your home or other property, you are said to be holding it on a trust of land. Under the law in England and Wales, there are two distinct and separate ways of owning houses and land, and how you...

BEING A TRUSTEE

The executor of your Will may also be a trustee, if a trust is created under the terms of your Will. A trustee is someone formally appointed to manage the assets of a trust for the benefit of others (known as the beneficiaries). The trust must be administered in...

MIRROR WILLS AND MUTUAL WILLS

You may have heard these terms, or read about them when you were looking into making a Will.  So, what are Mirror Wills and Mutual Wills? MIRROR WILLS Mirror Wills are often used by married couples to provide for their estate to pass to each other, and then to...

WHAT HAPPENS WITHOUT A WILL?

If you die without having made a Will, you are said to die 'intestate'.  This means that your money, property and personal possessions (after your funeral costs, and any debts and liabilities have been paid) will be divided among your family in accordance with...

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