
When making a Will the main purpose is to consider what property will be left and who that property is to be left to.
When making a Will it is important to give some thought to what the estate is likely to be worth and what the estate consists of.
Certain assets such as stocks and shares may fluctuate more than others in terms of value, for example property, and it is important when leaving specific gifts to bear this in mind.
Gifts may consist of personal possessions, which have a sentimental value to particular individuals and it is important to be specific about these.
Consideration should be given as to whether or not to put any conditions attached to the gift or, for example, any age stipulation. Do you want a gift to be made when a person reaches, say, 21, 25 or 30. Care should be taken in imposing conditions which may cause problems to the recipient, i.e. a condition on an event happening.
A Will can also be an opportunity to set out your wishes in relation to your funeral.
You will need to consider who you wish to act for you as executors. An executor is somebody who deals with the administration of the estate. Care should be taken when appointing members of the family to deal with this to ensure that the appointment of one particular member over another does not cause any ill feeling. We are able to act as executors along with a member of your family and to deal with your estate efficiently.