A Will ensures that your money, property, possessions and investments (also known as your estate) go to the people you care about. At Hatch Brenner Solicitors, we offer a fixed-fee service for writing Wills, whether for a single Will for an individual or mirror Wills for a couple. Your original Will can then be stored in our strong room in Norwich for no extra cost.
Our experienced lawyers will discuss your assets and draft a Will that reflects your wishes accurately. Our step-by-step guide below details the points you need to think about and consider when making a Will to allow our lawyers can advise you accordingly.
Making your Will with Hatch Brenner
Step 1 – Consider your Family Structure
Who do you want to inherit your estate on your death? You may want to make provision for your spouse or partner, or if you have children, you may wish to make provision for your children to inherit from your estate. You may also have grandchildren whom you want to make provision for and leave gifts to in your Will or you may want to include legacies for other family members or charities. Our lawyers can advise how this can be done.
If you have children under the age of 18 you can also appoint guardians for them in your Will.
Step 2 – Value your Estate
Getting an idea of the value of your estate is important to assess what assets and debts you have - which will form your estate.
Your estate is typically made up of the following assets:
- Your home and any other property you own
- Savings in bank and building society accounts
- National Savings (such as premium bonds)
- Insurance (such as life insurance)
- Pension Funds (including any lump sum payment on death as per your policy)
- Investments (such as stocks and shares)
- Jewellery, antiques and other personal belongings
Debts may include:
- A credit card balance
- A bank overdraft
- Loans Equity release
It is important that your assets are valued at regular intervals, particularly when you have a significant change of circumstance as the value of your estate can change over time.
Step 3 – Deciding how you want to divide your Estate
You will need to think about the following points to consider what you want to happen to your whole Estate:
- Who you want to benefit from your Will
- Whether you wish to give any specific gifts to particular people
- Where the Residue of the Estate is to go
- What you want to happen if any of your beneficiaries should die before you
Our Norwich lawyers can advise you on how best to word your Will to ensure your wishes are met, as well as providing provisions in your Will to ensure specific and relevant circumstances may be covered and accounted for.
Step 4 – Choosing your Executors
Your Executors are the people who you wish to appoint in your Will to administer your estate. Typically, these can include family members. Our lawyers at Hatch Brenner can also act as an independent professional Executor to your Will to assist with administering your estate if you wish.
Step 5 – Writing your Will
At your first appointment, you will discuss what you want to include in your Will. You will then receive a draft Will which will be sent to you for your approval, before making a second appointment to sign the Will.
Step 6 – Signing your Will
You can book a second appointment at our offices to sign your Will in the presence of two independent witnesses (that we will provide) so that your Will is valid.
Step 7 – Storing your Will
At Hatch Brenner LLP, we can store your Will once it is signed in our strongroom - indefinitely and free of charge. You will receive a copy of your Will once it is signed for your own safekeeping and we can provide peace of mind to our clients that their Wills are also stored safely with us.
If you would like to make a Will, contact Bengi Karakus in the Private Client Team at Hatch Brenner Solicitors who would be happy to help, email firstname.lastname@example.org or call 01603 660811.