Making a Will ensures that, when you die, your property and other possessions go to the people that you choose. Often, we have the mistaken belief that those who we leave behind can sort out things amongst themselves. However, this should not be left to chance. If you don’t make a Will, the Rules of Intestacy apply, meaning your estate is distributed in accordance with the law.
5 Reasons to make a Will:
- It allows for your estate to be distributed in accordance with your wishes and not according to the law.
- You get to choose your Executor(s). The role of the Executor(s) is to ensure that your wishes, as set out in your Will, are carried out.
- A Will is particularly important if you have children or dependants who may not be able to care for themselves in the event of something happening to both parents. In a Will you can appoint guardians and trustees to look after and provide for your children.
- A Will can have the added benefit of minimising tax liability on beneficiaries.
- It is cheaper and faster to administer your estate with a will, rather than an intestacy.
Making a Will does not take long to do and will give you peace of mind.
Don’t delay, contact us today in relation to making your Will.
To speak to one of our experienced Solicitors, you can contact us by phone on 01 8735012 (Dublin office) / 049 8541137 (Oldcastle office) or email us at info@mcgrathmullan.ie
Will & Probate Resources from McGrath Mullan LLP: