Will Drafting

Should I make a Will?

Making a Will gives you peace of mind that, upon your death, your estate will pass to those relatives and friends exactly as you wish.

Dying without a Will (Intestate) means that your estate will be divided in a specific way, as defined by law, and beneficiaries will automatically be entitled to their share regardless of your wishes.

Other things to consider at the time of making a Will are:

  • Appointing Guardians: If you have children, you may wish to appoint someone specific to look after them following your death.
  • Appointing Executors: When you make a Will you instruct a certain person or persons, known as “Executors”, to deal with the administration of your estate. This should be someone who you trust and feel has the ability to undertake this task.
  • Specific and Charitable Legacies: You do not have to leave a share of your estate to a specific beneficiary – you can leave a legacy of a specified sum of cash or even a specific item e.g. jewellery, a painting or piece of furniture etc. You may also wish to consider leaving a legacy to a charity of your choice.
  • Second Families: Where someone has married for the second time and has children by their first marriage, it is possible to stipulate in a Will that you wish your new husband/wife to be allowed to continue to live in your property until their death and after that the property will revert to your children.  This is known as a "Liferent".  You may also allow your new husband/wife to receive the income from your estate, but at the same time preserving the capital which will go to your children in due course. This is often a way of “keeping everyone happy” when there is conflict between children and step-parents.
  • Cohabitant Rights: Estates of couples who live together but who are not married to each other do not automatically pass to the surviving partner. A cohabitant can make a claim against their partner’s estate in certain circumstances. Making a Will gives you more power and certainty as to whom your assets will pass upon your death.
  • Avoiding Intestacy: Another factor to consider is the cost and time involved in administering a deceased person’s estate. By making a Will and appointing Executors you will save your estate time and expense.  Otherwise if you do die intestate, then your relatives will have to apply to the Court to be appointed as your Executors and also they will have to obtain an insurance policy known as a "Bond of Caution" which generally makes this process longer and more expensive.  Making a Will will eliminate these problems.
  • Reviewing your Will: Even if you already have a Will, it is generally prudent to have a look at it from time to time to make sure it still reflects your current wishes. There are various “triggers” following which you may wish to consider updating your Will such as:
    • Marriage
    • Re-marriage
    • Separation
    • Divorce
    • A new partner
    • The birth of or adoption of children
    • Selling your home
    • Setting up or running a business
    • Receiving an inheritance or large sum of money
    • One of your appointed executors or beneficiaries predeceasing you etc.

We can give you advice regarding updating your existing Will, even if we did not prepare the original.

As you can see, not leaving a Will can often mean your estate does not pass to the people you would like it to go to not to mention increased expenditure and work for those left behind.  The solution is to make a Will and thereafter to review it periodically. We are happy to advise you in relation to the making of your Will.


We Are Open - Covid-19 Update

Our office is open and we are taking on new clients. 

We are available to help you by telephone, email and video call including Whatsapp.  We are also able to offer face to face appointments, where that is your preference, and precautionary measures such as facemasks and the use of hand sanitiser are recommended.

If you have a new enquiry then please e-mail or telephone us on 01463 239011 and we will be happy to discuss your matter and see how we can help you. 

If you have any concerns please do not hesitate to call our office on 01463 239011 or e-mail us at info@greyandcosolicitors.co.uk.  In general, it is back to business.

Legal Problems?

Let Us Help You.  Call 01463 239011 or e-mail your enquiry here

Grey and Co. handled my divorce in a very friendly and efficient manner. The whole process was completed with the minimum amount of stress and fuss which was very welcome given the circumstances. Everyone I encountered in the team was professional and accommodating. It’s not always easy to schedule appointments when working full time and have children, but the reception staff always found times that worked for me. Andrew explained the processes very thoroughly so that I was always in a position where I understood what was happening, what was going to happen next and how long things would take. I would have no hesitation in both using Grey and Co. again for legal matters and recommending them to others.
Client B
Our Location
Office Location
1st Floor, 46 Church St Inverness IV1 1EH | Tel: 01463 239011 | Fax 01463 239055 | DX: IN14 INVERNESS | info@greyandcosolicitors.co.uk
site by plexus media.