Putting the Right Property in your will

What Should you not put in your will?

So, you know that making a last will and testament is a wise decision. It lets your surviving loved ones know exactly what your wishes are regarding your health care, property, and assets in an official legal document.

Knowing what can and cannot be included in your will can be confusing

You will want to do it correctly and the best way to ensure you do is to contact a specialist will writer Premier Solicitors can give you advice on what to include in your will based on your specific situation.

If you die without leaving a will, this is called being intestate, and it can leave many questions about your personal property, real estate and finances. There are however some things that you can't or should not include in your will.

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Some types of property;

There are some types of property which carry rules that govern what happens after you die. These rules are independent of your will because the nature of these types of properties is to name a beneficiary or avoid probate.

Joint tenancy property;

When you die your share of the property passes directly to the surviving joint tenant, regardless of what your will says.

Property in a lifetime trust;

The property included in a lifetime trust avoids probate; whereas property in your will does not. Property in the lifetime trust automatically goes to the beneficiaries and is managed by the trustee. If you want to change this arrangement, you must do it through the powers of the trust deed and not through your will.

Life insurance proceeds that have a beneficiary;

Like with trusts, the proceeds of your life insurance will automatically go to the beneficiary, often a spouse or minor children.

Call our wills team today

For advice as well as a no obligation fixed fee quote, call Premier Solicitors on 01234 358080 and select (option 2).

Alternatively, complete our online questionnaire (click here) and a member of the Premier Solicitors' Will Drafting Team will contact you and shall provide you with a quote before commencing any work. If you are happy with the quote we shall draft and send to you your draft Will within 2 weeks of receipt of your full instructions. On receipt of your draft Will(s) simply check that your wishes have been reflected and call us on 01234 35 80 80 to approve your draft Will(s) or to make any amendments. We will then prepare a final version for you to sign. If you live locally to our Bedford Head Office, we recommend that you come into the office to sign your Will. Otherwise, we can post your finalised Will out to you for you to sign at home.

Why should you use Premier Solicitors to make your Will?

• We will store your Will for life, for free;
• We will get in touch with you every 5 years to make sure nothing has changed;
• We give you one point of contact so that you have a direct dial and email address of only one person; and
• We are fully regulated by the Solicitors Regulation Authority (SRA regulation No. 668813)