Creating a Single Will with Wills 4 Less is easy. It's that simple - no complicated forms, no hidden fees - just peace of mind for you and your family.
Have you ever thought about what would happen to all of your stuff if you unexpectedly were not here to use it tomorrow?
A Single Will is a legal document that explains exactly how you would like your money, property, belongings and even your pets to be dealt with upon your death. If you’re single, divorced, separated or you just want your wishes to be clear without a partner’s influence, a Single Will ensures that your estate is dealt with as you’d like. Choosing a Single Will with Hampshire provides peace of mind that your wishes will be respected and legally protected.
An intestacy in the UK otherwise means the rules determine who will inherit and that may not be the individuals you would want to benefit most. At Will 4 Less we have a lot of clients who tell us that they thought that their parents / siblings / friends would just “know what to do”- unfortunately the law doesn’t work like that.
The Law of Intestacy, or Who Gets Your Stuff When You Die without a Will
In the absence of a will, your assets may be divided in ways that you would not have preferred through application of the law’s inflexible rules.
Unmarried Partners May Get Nothing
Cohabiting partners have no automatic rights to inherit, no matter how long you have mirrored September 2019—January 2019 together.
No Say in Who Raises Your Children
If you have young kids and no will, the court determines who will take care of them.
Tax Inefficiencies
If you don’t have a will, you could lose out on the chance to arrange your affairs so that they’re as tax efficient as possible – for instance, using your will to cut the Inheritance Tax your loved ones will need to pay.
Those You Love Might Not Make the Cut
Close friends, stepchildren, charities or others dear to you could receive nothing.
Trouble for Ones You Love
Families are usually left not knowing what to do and feeling stressed at a naturally distressing time.
In the UK, it is a typical advice to revisit your Single Will every 3 -5 years. But also if any of the following need an update for a major change in life circumstances:
Marriage or Civil partnership (these generally revoke a Will).
Divorce or separation – your ex-spouse could still win out if you don’t revise your Will.
Birth or adoption of children or grandchildren— to add new arrivals to the beneficiary roster.
Purchasing or selling a home or other large assets – a new home or the sale of grandchildren mean that your Will mirrors your existing estate.
Changes in financial position – eg inheritance, selling a business or changes in debt.
Beneficiary or executor died – need to a new one or re-direct.
Changes to your wishes — you may want to add or remove beneficiaries, or change funeral wishes.
A Single Will is prepared for one person to express their desires regarding who their assets and estate should be distributed to after they die. It’s one per person, married or partnered or not.
The following is how it differs from the other Forms of Wills:
Single Will
— Writings to be kept private for a single individual.
– Ideal for those wishing to define their own specifications for themselves.
– Typical of single people and married couples wanting a separate Will.
Mirror Wills
— Two virtually identical Wills, often for married or partnered couples.
Both leave their estate to the other and upon the death of the surviving spouse to the identical beneficiaries.
— Easier for couples who both want the same thing.
Joint Wills
— Spend more than $20 on one legally binding document that serves both people, and can’t be updated after one of them dies.
–It's hardly used now because there's no flexibility.
Trust Wills (e.g. Discretionary or Life Interest Trust Wills)
– Contains trusts to safeguard assets for beneficiaries or for vulnerable beneficiaries or for inheritance tax planning.
— More complicated, with added protection and a say in how the assets are used.
To conclude, a single will is simple and personal, it belongs to one person so it’s fully customised to that one person’s desires, not like Mirror and Joint Wills owned by both parties or Trust Wills which are more complex plans.
1-to-1 consultation with Will 4 Less
We begin with an in-depth interview to gain insight into how you stand financially, your family background and your intentions for your Single Will. This means that your Will covers absolutely everything that is important to you – and that your wishes can be carried out just the way that you want them to be.
Professional Single Will Drafting
Our professional Will writers at Will 4 Less meticulously prepare your Single Will to ensure it complies with the law, so it is not rejected and contested after your death because of mistakes.
Crystal Clear Guidance on Your Single Will
We spell out each part in clear language so that you know your options, including appointing executors, naming guardians and distributing your assets with your Single Will.
COMPREHENSIVE REVIEW AND CHANGES BY WILL 4 LESS
At Will 4 Less, your draft Single Will is checked thoroughly by the Will writing team and any alterations required are applied to get it to represent your intentions before completion.
Final Single Will – Legal and Binding Document
You get a Full Single Will from Will 4 Less ready for you to sign and have witnessed correctly - use this simple and easy service and have peace of mind knowing your wishes are legally protected.
It’s not a legal requirement to take advice when making a Single Will, but it is strongly recommended. It might be tempting to write your own Will with an online template, but getting the wording or the signing and witnessing wrong could result in an invalid Will or real complications for your family after you are gone.
We believe that all individuals should have access to a clear, legally binding Will without the need to spend a fortune on solicitor fees. Our professional team ensures:
How About Not Waiting Until It’s Too Late
In conclusion Yes you can, Regardless of the Will options available, using Wills 4 Less means it won’t cost the earth for professional advice to make sure that your Will accurately reflects your wishes and that you are taking the decision to provide for your family without any unforeseen consequences as we write and help you own all the way.
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