Wollaston Associates
Experts in Estate Planning:
Wills, Trusts, Probate, Lasting Power of Attorney.
Call now: office 0161 526 6262 / mobile 07757 546 893
Call now: office 0161 526 6262 / mobile 07757 546 893
At Wollaston Associates, we provide expert will-writing services in Stockport, helping you protect your assets and ensure your wishes are carried out with care. A Will is a vital legal document that allows you to pass on your estate, appoint guardians for your children, and include gifts to family, friends, and charities.
Creating a Will gives you peace of mind that your loved ones will be provided for and prevents the courts from making decisions that may not reflect your intentions.
If you:
… then making a Will is essential. Without one, your estate may be distributed under intestacy laws, leaving decisions in the hands of the courts rather than your family. According to The National Will Register, 56% of UK adults do not have a Will, leaving their estate unprotected.
There are many reasons why people across Stockport and the North West come to us for professional will-writing advice. Some of the most common include:
Even if someone is married or in a civil partnership, without a Will it is not guaranteed that their spouse will inherit all or any of their property or assets.
The decision over who gets what will be made by a court in a process that can be both costly and lengthy.
Things can get more complex if it is a second or subsequent marriage and/or children, multiple properties and separate assets are involved.
Without a valid Will in place, if something were to happen to one or both parents, there is no guarantee that a particular individual will become the carer for a child or children.
The case might have to go through the courts, and social services may become involved.
Moved to a bigger, more expensive house should be a reminder to consider what will happen to the property in the future.
If not properly allocated in a Will, then the investment could be taken away from the family.
Any Will written before a divorce is likely to need updating to cater for the fact the marriage has ended.
If there is no existing Will, then it might be desirable to secure any remaining assets for children, other family etc.
Not surprisingly, those who are recently widowed are likely to wish to put a Will in place.
This might be because someone has gone through a process where there was no Will and experienced how traumatic it can be, or their assets and property status have changed and they need to ensure that their family is properly provided for in the future.
When they retire, people often feel the need to make arrangements for their estate, expressing clear intentions within a Will that they are either making for the first time or updating.
A Will may need to be updated to include all relevant assets, any new properties or change in beneficiaries.
If there is no Will and assets have increased or properties have been acquired, it’s worth considering what will happen to them as there is no guarantee they will go to a family member unless it’s written into a Will.
Also, maximising tax allowances is essential as assets increase over time and a correctly drafted Will could be the key to ensuring that allowances can be claimed by your estate.
If your circumstances have changed, perhaps due to one of the issues mentioned above, you should talk to your advisor about updating an existing Will to ensure it reflects your current situation and wishes.
Many people need to change those named in their Will.
This can be for a variety of reasons, such as someone outliving an executor or beneficiary named in a Will, or because a relationship has deteriorated or ended.
In this case, it’s best to update the Will to avoid possible complications in the future.
Recent years have been challenging for businesses and many have struggled.
Business partners and directors might have changed, structures might have altered, or companies might have been downsized.
So if your business interests have changed significantly over the past few years, now is a good time to review both your Will and a succession plan for the business.
It is always advisable to review a Will and estate planning regularly in line with current tax legislation, reliefs, and opportunities to save on Inheritance Tax thresholds.
In today’s world it is no longer only the super-rich whose families face high tax bills on death. Property prices, although slowing, are high and tax reliefs do not always keep pace with inflation.
It’s therefore worth looking at ways to create a tax efficient Will and estate plan to ease any future tax burden.
Reviewing your affairs can be a great way to understand where you are financially and to make plans for the future.
Whenever a significant life event occurs, it is wise to review your Will to ensure it still reflects your wishes.
Not always. At Wollaston Associates, as accredited members of the Institute of Professional Will Writers, we provide legally valid Wills without the higher fees often charged by solicitors.
Costs vary depending on complexity, but we offer competitive pricing and free consultations so you understand your options before making a decision.
We recommend reviewing your Will every 3–5 years or after major life changes such as marriage, buying property, or changes in family circumstances.
Don’t leave your estate unprotected. Take control of your future with Wollaston Associates, your trusted will-writing specialists in Stockport.
Call us on 0161 526 6262 or 07757 546893
Email: martin@wollastonassociates.expert
Based at 62c Gillbent Road, Cheadle Hulme, SK8 6NB
Book your free consultation now and protect what matters most.