Making a Will – some important decisions, by Mike Bradley of Integrity Wills

Screen Shot 2021-01-13 at 15.01.11

Having made the decision to make your Will, there are some important points you need to consider before meeting with a Will Writer. By having many of the answers available it will leave more time to discuss the other important issues which may arise during the consultation.

A professional Will Writers job is to take your instructions and translate them into your Will, creating a document which accurately reflects your wishes. The Will needs to be understood by your executors and most importantly, The Probate Court, to ensure that it is proved quickly, thus minimising any problems after your death which could cause delays leading to hardship for your loved-ones.

THE APPOINTMENT OF EXECUTORS
You may choose to appoint a member of your family, a prime beneficiary or close friend to act as an executor. Remember, an executor can also be a beneficiary. If you do need to appoint a professional executor, you could opt for either a solicitor, chartered accountant or a Trust Corporation to act on your behalf. Your Will Consultant will be able to advise on the best option for your circumstances. 

APPOINTMENT OF GUARDIANS
If you have children (under the age of 18) you will need to appoint guardians. It may be helpful to make at least one guardian a joint executor as they have a right to money from your estate to help towards the upbringing of your child. This amount can be restricted to a certain amount or could be left in a trust fund. If you have a child with additional needs, who are likely to require specialist care either at home or in the care of the Local Authority, a trust will be required to ensure adequate funds are available for their future.

PROPERTY
How you hold your property will determine how it passes on after your death. As ‘joint tenants’ your share will pass on to the survivor automatically. If you wish to pass your ‘interest’ in the property to your children or others, you should hold your property as ‘tenants in common’. More in-depth information can be discussed with your consultant.

For more in-depth information or experienced advice regarding Wills, Lasting Powers of Attorney and Funeral Plans contact Michael Bradley on 01844 281013 or 07868 746406.

Share this post with your friends

You may also like...

Get in touch

If you have any queries, please contact us and we will be happy to help.

Is this for you….Do you have an appetite for Catering? Jan heads up our catering team and is looking for some new volunteers to help feed our visitors and staff! Our Station Café at Chinnor serves customers with sandwiches, cakes, hot & cold drinks and takes orders for hot food, including probably the best sausage baps in Oxfordshire! –ed.As part of the team, you would be handling cash and using the card machine as well as helping to keep the café well stocked. In any quiet periods in between trains, you’d help keep the seating area in the marquee clean and clear away the used crockery and any leftover food, giving the tables a thorough wipe down.If you’d like to learn or already have café catering experience this role has your name on it. All we ask is a smart appearance and always service with a smile! We are running a ‘Find out more about Volunteering’ Drop-in Day at Chinnor station on Sunday 25 Feb 2024 from 11.00 to 16.00. It's exclusively for people who are wondering about volunteering. Find out more at: https://www.chinnorrailway.co.uk/article.php/274/help-to-run-our-railway ... See MoreSee Less
View on Facebook
Hello Readers, Welcome to the 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟰 𝗶𝘀𝘀𝘂𝗲 𝗼𝗳 𝗟𝗼𝗼𝗸 𝗟𝗼𝗰𝗮𝗹 𝗠𝗮𝗴𝗮𝘇𝗶𝗻𝗲. How are your New Year’s Resolutions going? Did you take part in Dry January or Veganuary or have you opted for the popular “I will exercise more and shape up in time for summer!” If so, then give yourself a couple of nights off as we celebrate Shrove Tuesday on the 13th Februaryfollowed by Valentine’s Day on 14th, both of which are not occasions to be worrying about the waist line. For those of you who are adopting a plant based lifestyle I’ve included a Pancake Recipe suitable for vegans - see page 8. For those who love the Arts, check out our regular competition (page 13) where you can WIN TICKETS to a show at The Players Theatre, Thame. Half term starts the week commencing 12th February and South Oxfordshire & Vale of White Horse District Councils are providing the activities and events at venues across the area throughout this week. A dinosaur-themed week, multi-sports, yoga, boxercise and movie screenings are just some of the free and low-cost activities available for children and their families to enjoy this February half-term. For more information, view here: www.whitehorsedc.gov.uk/school-holiday-activities. And whilst on the subject of events, if you’re hosting something locally or you’ve got a feel good story to tell then please do get in touch as I can help you spread the word within my printed magazine as well as online via social media. Look Local also runs a Leaflet Distribution Service so if you’re a local business who prefers this way of marketing your services then drop me an email and I can assist you. Until next month, enjoy reading..Click link to read: https://look-localmagazine.co.uk/wp-content/uploads/2024/02/Feb24_Issue135_28pg_ONLINE.pdf ... See MoreSee Less
View on Facebook
❗Appeal for stall holders❗We are nearly out of the long, cold winter and here at Florence Nightingale we are starting to look ahead to Spring and exciting, upcoming events to mark our 35th anniversary. We need stall holders to support us at our events this Spring and Summer.Do you know a talented face painter? Do you run fun games/activities for kids? Do you offer engaging arts and crafts activities?We need your help to make our community events great and raise as much money as possible for the Hospice, if you think you can help get in touch with Carla – carlagerlack@fnhospice.org.uk or call 01296 429975Please feel free to share or tag your recommendations in this post. ... See MoreSee Less
View on Facebook