Wills & Estates
What is a will?
A will is a legal document that names the people (known as beneficiaries) you want to receive the property and possessions you own, at the time of your death. Making a will is the only way you can ensure your assets will be distributed in the way you want them to be after you die, so it’s imperative to have one in place.
Should I make a will?
At Hosie & Partners, we believe it is essential to make a will if you are concerned about who will receive your assets and belongings after you die. It is particularly important to make a will if you have a family or other dependants.
What is a ‘valid’ will?
A valid will is one that has been accepted by a court and put into effect by a grant of probate. To be valid, your will must be:
- In writing – handwritten, typed or printed
- Signed – ideally your signature should be at the end of the will
- Witnessed – two witnesses must be present when you sign or acknowledge your will, and they must also sign in your presence.
The witnesses must not be a beneficiary to the will, or a spouse of a beneficiary.
If your will is not made in this manner it may not be enforceable, meaning the court has the power to declare the will invalid, meaning your property could be distributed another way.
For answers to any of your will concerns, please get in touch with us today.
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