The Will Writing Service Fitzgibbons & Co

21/03/2024

Updating and storing your Will is easy, safe and cost effective if you choose our Aftercare service. For a small annual fee we safely store your Will allowing your executors to easily access it and you can update your Will as needed.

For a small annual fee our aftercare service ensures that your Will is safe, and your executors know how to access it in the event of your death. It also makes the process of reviewing and updating your Will inexpensive and straightforward. It is unwise to keep your Will at home, for obvious rea ...

20/03/2024

Inheritance disputes are on the rise according to government figures. This article gives a good sense of how such disputes have a deep impact on those involved. We are always thinking about the potential for these disputes when we are drafting our wills. We do all we can to ensure our wills are “litigation proof” by ensuring we have detailed written evidence on any matters that may later be contentious.

As many as 10,000 people are disputing wills every year, according to estimates by specialist solicitors

20/03/2024

Probate can be a complex and daunting process and we are here to help.

Probate can often be an emotional and complex process. Writing a Will simplifies this process; however, the executors are legally bound to obtain the Grant of Probate as swiftly as possible and with due diligence.Whilst any appointed person can carry out probate, without any previous experience ...

20/03/2024

So you need a Will? Where to start?
Have a look at our FAQs and do get in touch. We are always happy to answer any queries.

The Will Writing Service FAQ's You can find answers to some of the typical questions we get asked below. Alternatively, if you have a question that you can’t find an answer to on our website, contact us and we’ll email or call you back at your request. How much does it cost to write a will? ...

20/03/2024

Inheritance disputes are on the rise according to research. Disputes are costly, time consuming and stressful for all involved. When writing wills, we keep very detailed records about our clients’ decisions and advise on obtaining medical evidence of legal capacity when necessary to ensure such disputes are less likely to arise and our clients’ wishes are followed.

Figures recently released by the Ministry of Justice reveal that court cases relating to disputed Wills have increased by over 34% since 2017, and by more than 140% in the past decade. This dispiriting trend is happening for a number of reasons, including that property prices have increased exponent...

20/03/2024

Wills for business owners

It is especially important to have your Will professionally drafted when you own a business.

Without the correct clauses your family may be forced to sell your business, as without a correctly drafted Will, your Trustees are required by law to diversify investments held in trust. A correctly drafted Will can also save inheritance tax being paid unnecessarily. Businesses left on Discretionary Trust may reduce the tax payable and help maximise your children’s inheritance.

Trading Businesses are typically subject to 100% relief from inheritance tax. This tax relief is often inadvertently lost. If a business is left to a spouse who then sells it and banks the proceeds, the tax relief would no longer apply, and inheritance tax will be payable when the surviving spouse dies. A Discretionary Trust included in your Will could be used to preserve the tax relief so the children can benefit from a tax-free inheritance.

Without a well thought through Will in place, the death of a business owner, director or partner of a company can cause unnecessary and complicated problems for the surviving spouse and/or business associates. The Will Writing Service can help to plan for the passing of key persons within a company, ensuring that in the event of death there is an outcome that meets the needs of the business and the family of the deceased.

20/03/2024

Why write a Will?

Preparing a Will allows you to determine who will inherit your estate after your death and in what proportions. Without a Will, you run the risk of the wrong people benefiting from your estate. It could also mean increased costs and delays before your beneficiaries receive their inheritance.

Whether your estate is large or small, complicated or straightforward, The Will Writing Service can help to make sure that your property and possessions are left to the people that you love.

Our standard Will service includes:

Appointment of Executors and Trustees

Appointment of Guardians (if necessary)

Trustee powers to allow your Trustees to efficiently handle your estate after your death

Specific gifts to individuals

Division of the remainder of your estate (after the specific gifts, funeral costs, expenses and tax have been deducted)

Contingency clauses to provide for a situation where your beneficiaries predecease you

Funeral wishes

20/03/2024

Those settling estates liable for IHT will no longer need to seek commercial loans to pay IHT before applying for a grant on credit from HMRC.

The law requires Personal Representatives (PRs) (IHTM05012) to pay all or part of the Inheritance Tax (IHT) due on the deceased’s estate before they can obtain a grant. The guidance at IHTM05001 and IHTM30172 explains how much needs to be paid. If the PR: finds it impossible to raise all the funds...

20/03/2024

Set up in 1996, we are a long established Will and Probate company, proud of our reputation for providing expert advice and value for money. Our aim is to make the process of preparing a Will and related documents as simple and convenient as possible whilst ensuring the final legally binding document(s) provide the best solution to suit your current needs. As your circumstances change, we make it easy to keep your Will up to date.