Penrose Wills

enquiry@penrosewills.co.uk

01273 569 143

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It’s in our name – ‘Penrose Wills’. Will writing is at the forefront of our client offering and is a crucial tool in all of our clients estate planning.

Will Writing

Fewer than 4 out of 10 UK adults have written a will. Anyone with assets should have a Will. According to the UK Law of Intestacy it will be the state that decides who benefits from your estate if you die without having a valid will.

The reality is that it is all too easy to put off not making a Will and by doing so, this can create problems for your loved ones when you are gone. So, making a Will should be a serious consideration, whatever your age.

Furthermore, coping with the death of a loved one is a difficult time for anyone. In addition to this, administering their estate can no doubt make matters feel even more overwhelming, complicated, and distressing.

Therefore, our team of well-trained experts can provide a bespoke and conscientious probate service in addition to our Wills and estate planning offering.

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How Penrose Wills can help

At Penrose Wills, we are able to make the process of making your Will hassle free:

  • We are able to visit you in the comfort of your own home, at our offices in Lewes OR…
  • We can arrange a video appointment with you on a daytime, evening, or weekend that suits you.
  • You will be met by one of our experienced estate planners, who will deal with your Will instructions from start to finish and provide you with expert advice throughout.

Why should I make a Will

Anyone with assets should make a Will. Making a Will is the ONLY way to ensure peace of mind that your wishes are carried out after your death.

If you are single

You might want your estate divided amongst friends, relatives and charities of your choosing and in the proportions you want.

If you are married

Don’t assume “my other half will get everything”. Brothers, sisters or parents may have a claim. Often your children have a right to part of your estate too.

If you are living with your partner but are not married

If you are living with a partner but are not officially married, you may be treated as a single person and a surviving partner may get nothing at all.

If you are retired

Maybe you made a Will a long time ago. It probably needs updating to include additional grandchildren or deletion of persons you no longer feel you want to benefit.

If you are a parent

You should consider who you would like to look after your children in the event of your death by appointing a guardian in your Will. This is particularly important in the case of single parent families or unmarried parents living together. If you have not appointed a guardian in your Will, then the court will decide on the future of your children.

If you are entering into a second marriage and have children from a previous relationship

In order to ensure your children’s inheritance is protected on your death, it is essential to make a Will and seek legal advice. Not doing so could result in your new spouse receiving all or the majority of your estate on your death and your children with nothing. At Penrose Wills, we are able to create a Trust in your Will(s) to protect your share of your estate, so that it will pass to your children.

If you want to leave a legacy to charity

Your Will is an opportunity to provide a legacy for the cause or causes you care most about. Around 15% of income generated by charities in the UK comes from legacies left in Wills and at Penrose Wills, we are passionate about working with charities and individuals alike to ensure that legacies can be gifted via our clients Wills.

If you haven’t made a Will

If you have not made, or do not have a valid Will, your assets will pass according to the Law of Intestacy. This may not be in line with your intentions. In any event, it is likely to take significantly longer to finalise the administration of your estate than if you had made a Will. During this time, your beneficiaries may not be able to draw any money from your estate and it can lead to arguments and distress for your relatives and loved ones left behind.

If you have not yet made a Will, get in touch with us on 01273 569 143 or email us at enquiry@penrosewills.co.uk to arrange an appointment.