Will Storage Options Cornwall

Will Storage Options

You have finally gotten your will written. Fantastic you should feel a sense of pride and achievement. You have been pro-active and ensured your estate will be handled as you wish on your passing.

Your responsibilities do not stop there though, now you need to decide how you are going to store this precious document, how are you going to keep it safe?

This can be a strenuous task but you can relieve yourself of the stress by using our Will Storage Option.

Here are just some of the reasons why keeping your will at home may not be the most sensible option:

Making a will is the most absolute way to protect your loved ones and give them a piece of mind.

Death is vicious – we are all going to die someday. If this happens while you are will-less, besides the grief, the people you care about may experience a terrible financial nightmare.

Planning for death may seem uncomfortable; you should consider how worse the situation would be if you were incapacitated or dead due to old age, illness or accident without sorting it.

It is very important for you to know that regardless of your age if you have assets such as savings, a house, and business or perhaps people you would like to take care of, you should consider making a will.

Will Storage

  • 25% of wills stored at home are never found, in the eyes of the law this means they were never made. • Changing your will may be costly and you may need to do this on more than one occasion.
  • If your will has any visible marks on it such as staple or paper clip marks, it can be easily contested.
  • If your house catches fire, you may lose the will on top of the stress of dealing with a hose fire. If you keep it in a fireproof safe it is still sensitive to temperatures and temperatures of 300 degrees will turn the paper to ash.
  • Someone might deliberately change or damage/ destroy your will.
  • A young child may accidentally draw on the will making it easy to contest.
  • You are responsible for ensuring your will is signed and witnessed correctly, if it is not it may be invalidated and can easily be contested. Peace of mind is not the only thing you get from using the will storage option, here are some additional benefits you can enjoy:

Benefits you can Enjoy:

We will ensure your documents are all signed and witnessed correctly

Contact Trusted Will Writing Cornwall Today

UK Will Writing Statistics

According to research by unbiased.co.uk in 2016, 75% of those surveyed had not reviewed their Will in the last ten years!
75%
In 2013 a survey by Certainty.co.uk revealed that 67% of UK residents were unaware of the location of their parents’ Wills!
67%

A Trusted Company!

To find out more about our will writing service all you have to do is give us a call. One of our friendly team members will chat with you about your personal circumstances and what you wish to include in your will. We will then schedule a visit, at a time of your choosing, for one of our Legal Consultants to come and visit you

They will gather all of the necessary information together in order to prepare and write your will. Once this stage has been completed you will then receive your completed will for approval. The whole process takes an average of 28 days. To find out more information please do give us a call today. We offer a fixed fee and guarantee the lowest local will writing prices.

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Writing wills is the only way to ensure that your money, possessions, property, as well as your investments, has gone to the people or the causes that you care of.

How to write a will

Find out the value of your property. You can draw a list of your lasting assets and your debts too.

The assets that usually make an estate are

  • motor vehicles
  • your company
  • your home, furniture and other household pieces of stuff
  • all your savings (bank/building society accounts)
  • insurance,
  • pension funds
  • investments like stocks and shares
  • other property that you own
  • other personal belongings registered under your name

Then calculate the amount of debt you have. Debts may be a mortgage, a bank overdraft, a credit card balance, loans or equity release. These assets should be valued on a regular basis since their value keeps changing over time. To clarify this you can contact the people responsible to know how long lasting they are.

The will should be transparent regarding your assets. Ensure you have stated well who you would like to gain from your will. Decide where the remains of the assets will go (any money or property that is generally left after meeting the funeral along with administrative expenses, taxes, and legacies). State what to be done if one of your beneficiaries dies before you. If you desire to give any particular gifts to specific individuals like charity, ensure that you have included the correct information like the full names, addresses, and the charity’s registered number. Erroneous information might make your chosen charity to be denied the gift. This is a long lasting decision make sure it is satisfactory to you.

Executors deal with the distribution of your assets once you are dead. It involves a lot of work and accountability, thus think about the people you appoint cautiously.

It’s now the time to write your will

Make your own will:

Make your own will and ensure that it is valid. It should be correctly drafted and signed.

Lawyers:

It is typically best because they offer legal advice. Look for one who specializes in wills. Ensure that they are registered with the relevant body.

Banks:

Some of the banks have will-writing services as well as advice regarding asset planning.

Professional wills writers:

these are not qualified solicitors; hence, they might not be regulated. Do thorough checks if they are registered before you choose one? You do not want to mess up because of less research on solicitors.

Ensure your will is valid

Your will should be in writing, and only you should sign it and witness by at least two people who should as well sign it in your presence. You should have the mental capability of making the will and also understand the effect that it will have. Finally, you should make the will willingly and not from anyone else pressure. The beneficiaries, their family or civil partners are not supposed to act as witnesses; otherwise, they will lose their right of the inheritance. They are not even supposed to be present when the will is being signed. It is not advisable for an executor to be a witness.

Making a will in sickness

The will can be signed on your behalf if you are not capable provided that you are in that room and you have the mental capability to make the will. It should contain a clause stating that you understood everything prior to signing it. In case of a severe ailment, you might require a statement from a medical practitioner certifying that you have understood what you are about to sign then you can get an attorney. You can as well appoint somebody else to have a short-term power to sign your legal documents by giving them a general power of Attorney.

Keep updating your will

You are supposed to review your will after every five years or after a significant change like a moving house or new grandchild, and you should never make changes to the original will. For minor amendments, you can add just an addition, called a codicil that must be signed and witnessed just like the will, even though the witnesses don’t need to be the same. For significant changes like remarrying or divorce, the will requires to be changed. You must make a new one and cancel the previous one.

Alex
Alex
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Many thanks for all your support in making the will out for us, and guiding us right when we needed it. Well worth the money thanks!
Rebecca
Rebecca
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I experienced this method to producing a will simply done, I would recommend it to all of my freinds. thank you for all your help.
Zara
Zara
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Very simple as well as helpful answer to any type of queries and also continuous responses to assist you throughout the process. Highly recommended!
Josh
Josh
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Budget-friendly and fantastic service for creating uncomplicated wills
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