Making a will is normally a simple, straightforward exercise, yet around half the population die ‘intestate’ without having ever got round to it. This creates delays in sorting out their financial affairs, problems for their families and a higher tax bill than would otherwise be the case. At the other end of the spectrum, what happens if you are left with the task of winding up the estate of someone who has died? How do you go about applying for probate and distributing assets?
Wills and Probate provides clear, easy-to-follow guidance on the main provisions to make in a will and the factors you should consider when drafting these. The second part of the book provides step-by-step guidance on probate, making the process as straightforward and trouble-free as possible. By being aware of key changes and revisions and avoiding the problems and pitfalls, you can limit delays, avoid disputes and save tax.