Looking after your loved ones

Planning ahead for what happens to us all

If you have children under the age of 18, then a Will allows you to specify who should look after them if both parents die. Without a Will, the courts are left to decide who will bring up your children.
Not making a Will can unnecessarily increase how much inheritance tax is to be paid. It can cause an added pressure to loved ones who are left behind to deal with it all.
Making a Will can also allow you to control when and how someone inherits. A Will can allow you to set conditions as to the circumstances under which someone may inherit.

Making a Will is the only way to ensure that your assets go where you want them to after you die. It gives you and your loved ones reassurance. It can avoid disputes amongst family members. Making a Will is just being prudent and responsible, especially if you have children, a business and/or have a large estate. You are the Testator, you elect Executors and Trustees and name your Beneficiaries. You can include different types of trusts in your Will to determine who receives what and when.
If you don’t make a will, you will die ‘intestate’ and your estate may not go to the people you want. There are special rules for how your estate will be distributed. These are called intestacy rules. It is often misunderstood what happens if there is no legal Will. It takes longer to resolve, and often causes hardship and confusion.
Over time your circumstances tend to change, the laws can change, so it is sensible to review and update your Will. Perhaps you have since had children or grandchildren? Perhaps you need to consider adding trusts into your will? This is especially important when you have young children, or a large, complicated estate. Perhaps you need to change a trustee or update your statement of wishes? Tandem can help with all of these issues.