At Miller Samuel Hill Brown, we know how daunting it can be to think about what will happen when you are no longer here. Who would look after your children? Who would inherit your home? Should some money be set aside for future generations?
That's where we come in. Our team are on hand to not only help you draft a Will but to make sure it is updated in the years to come. A Will should not be a document that is written and then forgotten about. A Will can – and should - change and evolve over time. Below we outline some key points when you may wish to consider updating your Will.
If you have a Will in place and want to discuss how it could be updated, do not hesitate to get in touch. Contact us on 0141 221 1919 or complete our online enquiry form. A member of our expert Private Client team will be delighted to help you.
Two of the most common reasons why people update their Will is because they have got married or have had children. Depending on the age of your children, you may wish to think about appointing Guardians in your Will, if you or your partner would not be able to care for them. Equally, you may wish to bequeath certain sentimental items to individual family members.
It is also very common for grandparents to change their Wills when the next generation is born. Many grandparents want to set up trust provisions so that their grandchildren can continue to benefit from their estate for many years to come. For example, some grandparents set up trusts to pay for their grandchildren's education or to provide a lump sum once the children reach a certain age.
Of course, there are many reasons for updating your Will – you may have moved home, acquired valuable possessions you wish to leave to certain people, or you may simply feel that it is time to reconsider your future plans. Whatever your reason for updating your Will, we are on hand to assist.
While it can be challenging to plan for the future, it is important that you carefully consider your options so that you have peace of mind in years to come. Updating your Will need not be an onerous task – our supportive, dedicated team are on hand to assist.
The Private Client team at Miller Samuel Hill Brown are experts in dealing with Wills and other concerns faced by clients that are planning for the future. Let us help you. If you have never considered drafting a Will, or simply wish to update your Will, then please contact our Private Client Department on 0141 221 1919.