At Gebbie & Wilson we get it. We get it that making your Will is probably the most put-offable thing on your “To-Do” list. It’s been on that list for months now – well, years to be honest – but it never quite makes it to the top. Making a Will is boring, it’s depressing and it’ll keep – except that one of these days, it won’t!
At Gebbie & Wilson we’re passionate about Wills. We believe that, with very few exceptions, every adult in Scotland should have a Will. We’ve seen time and time again how a well drawn Will avoids unnecessary delays, expense and heartache when someone dies. We’ve also seen, just as often, how the lack of such a Will can cause so many problems for families – and just at the very time when they are least able to cope with them.
So if you don’t have a Will – or if the one you do have no longer reflects your wishes – please come and speak to one of our Wills specialist Solicitors, Jan Bayley or Louise Arthur. In total, the Will writing process might take up a couple of hours of your time – but it will be time well spent – we promise you.
Securing the financial wellbeing of the next generation of your family and beyond is likely to be one of your main priorities when making your Will. And this takes on added importance when you are the current custodian of your family farm or other family business. Making sure your business remains intact and viable after your passing, while still making provision for family members who are not involved in it, is often a difficult balancing act. Your Will is a vital tool in achieving this.
Inheritance Tax (IHT) is often a relevant factor. When taking your Will instructions, we will analyse with you the potential IHT liability on your estate. If this reveals that you may have an IHT problem, we’ll suggest ways you may be able to mitigate it – so that as much of your estate as possible goes to your beneficiaries rather than the taxman.