We have just celebrated our 20th anniversary. No, we can’t believe it, either! Where does the time go?
During those 20 years we have provided help, advice and support to a countless number of clients in putting their affairs in order – and we would like to impress upon YOU the need to do the same.
We know it’s probably something you don’t want to think about right now but time moves on and things happen in all our lives which would benefit from some forward planning.
Working for you
Our company has been hugely successful and we would like to remind you about the services we provide and how the wealth of experience we have amassed over the past two decades can be put to work for you in the areas of:
- Will writing
- Lasting Powers of Attorney
- Home Protection Schemes
- Trusts and probate services
- Pre-paid funeral plans
- Document storage
The right time is now
Our anniversary celebrations are a good time to remind you about the importance of making a will. Something everyone needs to think about!
A lot has changed since 1999 but the importance of making a will remains as strong today as ever – perhaps even more so with the many lifestyle changes associated with living in the 21st Century, so it’s imperative people have their final wishes honoured.
It’s an incredible statistic but 60% of people in the UK have not made a will. Many think there is no reason to, believe they are simply not wealthy enough for it to be a consideration, they just don’t want to think about it or think it’s something to be looked at in later years. But not having a will can lead to all sorts of difficulties.
Many people are unaware, for example, that a marriage revokes an existing will and that any subsequent marriage could result in children from the first marriage along with any other intended beneficiaries missing out on an inheritance.
We have seen a rise in the number of blended families – a couple who have children together and who also have children from a previous relationship – to the point where this has become our largest client base. One can easily imagine the complications raised by these circumstances.
There are also legal and very great personal issues that can arise when a will has not been made by people living together rather than being married. There is often an assumption that a partner would automatically inherit but this isn’t necessarily so.
The need for protection of assets has grown over the years thanks to people living longer and we estimate that 25% of our time is now taken up in dealing with the administration of estates.
We have also seen a growth in the number of dementia cases, meaning it’s vital to put plans in place through a will and Lasting Powers of Attorney which will ensure your wishes are carried out.
We would urge everyone to take the time to put a will in place. It will prevent avoidable future problems and ensure you and your loved ones are protected in the way you want.
To find out more about how we can help, call us on 01952 305105 or email enquiries@willmakersofthemidlands.co.uk