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Making a Will – If you care about what happens to your property after you die, you should make a Will. Without one, the state directs who inherits, so your friends, favourite charities and relatives may get nothing. Having a Will also makes it easier for your loved ones when you die.
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Solicitors serving Waterford, Kilkenny and Tipperary
If you care about what happens to your property after you die, you should make a Will. Without one, the state directs who inherits, so your friends, favourite charities and relatives may get nothing. Having a Will also makes it easier for your loved ones when you die. It is particularly important to make a Will if you are not married or are not in a registered civil partnership (a legal arrangement that gives same-sex partners the same status as a married couple). This is because the law does not automatically recognise cohabitants (partners who live together) as having the same rights as husbands, wives and civil partners. As a result, even if you’ve lived together for many years, your Cohabitant may be left with nothing if you have not made a Will. A Will is also vital if you have children or dependants who may not be able to care for themselves. Without a Will there could be uncertainty about who will look after or provide for them when you die. Mullins & Treacy LLP can also advise you on how inheritance tax may affect what you own.
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You should review your will regularly, to reflect any major life changes. At Mullins & Treacy LLP we can tell you what changes may make it necessary to update your Will.
Making a Will can be a complex process and there are various legal formalities you need to follow to make sure that your Will is valid. Without the help of an expert, there’s a real risk you could make a mistake, which could cause problems for your family and friends after your death.
We are regulated and have the necessary qualifications and training to address the often complex issues associated with drafting a Will and can help ensure your estate is left to those you wish to inherit after your death.
We will need to know the following details from you in order to make your Will and provide you with full and proper tax advice.
Details of everything you own, including property, cars, personal valuables, stocks and shares, bank accounts, insurance policies, any businesses you own, and pensions.
Who do you want to leave these assets to? How do you want to divide your estate between your loved ones, friends or charities? Are there any conditions you want to attach to these gifts (for example that young people must reach a particular age before they are paid money you have left them)?
Details of your family and status. Are you divorced or has your civil partnership been dissolved? Have you remarried or entered into a new civil partnership? Or are you living with someone without being married to them or being their civil partner? Do you have any children or any other dependants?
Anyone who depends on you financially can ask a court to review your will if they feel you have not provided properly for them. If you give us all of the relevant details, we can tell you about any possible legal pitfalls.
If you have any children who may be under 18 when you die, you may need to name someone as their legal guardian.
Do you have any particular wishes for your funeral? Do you want to be buried or cremated? Are there any other instructions? For example, if you want to be an organ donor this can be included in your will, although it won’t be legally binding. However, it is also a good idea to record your wishes on the organ-donor register, or to carry an organdonor card.
You must also name the people you want to appoint as executors of your Will – the people who carry out the administration of your Will after your death. These could be friends or family members, or a professional such as your accountant or lawyer. Ideally, you should choose someone who is familiar with financial matters. Make sure you ask your executors whether they are happy to take on this duty as there are long term responsibilities involved.
Once the Will has been drawn up it is not effective until it has been signed. There are several rules affecting the signature process which, if not followed correctly, will make your Will invalid. For example, witnesses and their husbands, wives or civil partners cannot benefit under the Will.
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It is important to keep your Will in a safe place and tell your executors, a close friend or relative where it is. We will store your Will for you free of charge.
You should review your Will at least every five years and after any major life change such as getting separated, married or divorced, having a child or moving house. It is best to deal with any major changes by getting a new Will drawn up. But it is also possible to make minor changes (codicils) to your existing Will. In both cases it is best to consult us.
To discuss writing your will, call Mullins & Treacy LLP today on 051 391488. Alternatively, use can use our Wills & Family Law Enquiry Form or our Book a Call form and one of our team will get in touch at a time to suit you.
*In contentious business, a solicitor may not calculate fees or other charges as a percentage or proportion of any award or settlement.
To discuss writing your will, call Mullins & Treacy LLP today on 051 391488. Alternatively, use can use our Wills & Family Law Enquiry Form or our Book a Call form and one of our team will get in touch at a time to suit you.
*In contentious business, a solicitor may not calculate fees or other charges as a percentage or proportion of any award or settlement.
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“I would say I have found your service excellent and advice very helpful.”
To discuss the details and preparation of your will, call Mullins & Treacy LLP today on 051 391488. Alternatively, use our get a call back form and one of our team will get in touch at a time to suit you.
To discuss the details and preparation of your will, call Mullins & Treacy LLP today on 051 391488. Alternatively, use our get a call back form and one of our team will get in touch at a time to suit you.
