Financial & Legal News

Make a Will and Help a Charity at the Same Time

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Pearson Solicitors and Financial Advisers are waiving their fees to raise money for Dr Kershaw’s Hospice during Make A Will Week, May 19-23.

Instead of paying a solicitors fees for a Will the Queen Street firm are instead asking clients to instead make a £100 donation to the Oldham Hospice.

“This is a great way to encourage people to sort out their affairs and help a worthwhile charity at the same time,” said Solicitor Hannah Pearson.

“If you die without making a Will it can make things difficult for your loved ones, by getting making a Will you can ensure your estate is distributed in the way you have specified,” she added.

Many people also have out of date Wills and after changing family circumstances, such as births, divorces and deaths, it is important a Will is updated.  A professionally drawn up Will can help avoid costly and emotional disputes in the future.

Some startling facts:

  • 1/3 of the population do not have a WILL.
  • Everyone over the age of 18 who has possessions can make a WILL.
  • 23% of people think they are too poor to have a WILL.
  • 1 in 10 people have a will but have not told anyone else about it.
  • 1 in 8 people have not reviewed their WILLS in 10 years.

If you die and have made a Will your possessions are distributed the way you specified.  If you have no Will and die ‘intestate’ your estate is distributed in accordance with the law and the State steps in.  Unfortunately, many people assume their spouse or partner will automatically inherit their estate and often family members can be left with a larger than necessary tax bill.

When surveyed 80% of people want a face to face meeting with a trusted adviser and only 4% of you trust online wills.

As an added benefit to our Will clients we provide a free Wills storage facility.

For further information please contact hannah.pearson@pearsonlegal.co.uk

Please note that the information and opinions contained in this article are not intended to be comprehensive, nor to provide legal advice. No responsibility for its accuracy or correctness is assumed by Pearson Solicitors and Financial Advisers Ltd or any of its members or employees. Professional legal advice should be obtained before taking, or refraining from taking, any action as a result of this article.

This blog was posted some time ago and its contents may now be out of date. For the latest legal position relating to these issues, get in touch with the author - or make an enquiry now.

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