Will Writing FAQ’s
What is a Will?
A will and testament is a legal document that outlines a person's wishes regarding the distribution of their assets and the management of their affairs after their death. It provides instructions on who will inherit their property and who will handle the administration of their estate.
What happens if I die without a Will?
If you die without a will, your assets will be distributed according to the laws of intestacy, which may not align with your wishes. The court will appoint an administrator to handle your estate, and this process can be time-consuming, costly, and may lead to disputes among family members.
How should I distribute my assets in my will?
Distributing your assets in your will is a personal decision. Consider your relationships, financial needs of beneficiaries, and your wishes. You can divide assets equally, allocate specific items, or include charitable bequests. Consulting with a professional, such as an estate planner or solicitor, can help ensure your distribution aligns with your goals.
How can I ensure my will is legally valid?
To ensure your will is legally valid, there are a few key steps to follow. Consult with a legal professional to ensure compliance with the specific requirements of your jurisdiction. Clearly express your wishes, sign the will in the presence of witnesses, and ensure proper execution and documentation. Regularly review and update your will as needed.
Why do I need a Will?
Having a will is essential because it allows you to have control over how your assets are distributed after your passing. It ensures that your wishes are followed, minimizes potential family conflicts, and provides clarity and peace of mind for your loved ones during a difficult time.
How do I choose an executor for my will?
When choosing an executor for your will, consider someone you trust and who is capable of handling the responsibilities. This person should be organized, reliable, and willing to carry out your wishes. Discuss your decision with them beforehand and ensure they are willing to take on the role.
Can I disinherit someone in my will?
In Northern Ireland, you have the legal right to disinherit someone from your will. However, it is crucial to seek guidance from a legal professional to understand the specific laws and requirements in the jurisdiction. By clearly expressing your intention to disinherit in your will, you can help minimize potential disputes.
Who needs a Will?
Anyone who wishes to have control over the distribution of their assets and wishes to minimize potential disputes among family members should consider having a will. Regardless of age or wealth, having a will ensures that your wishes are respected and your loved ones are provided for according to your intentions.
Can I change or update my will?
Yes, you can change your will. It is recommended to review and update your will periodically, especially when significant life events occur, such as marriage, divorce, birth of children, or acquiring new assets.
What is the role of a witness in the will-signing process?
In the will-making process, a witness plays a crucial role in confirming the authenticity and validity of the will. Their presence during the signing ensures that the testator willingly executed the document and that it reflects their intentions. Witnesses provide an independent verification, adding credibility to the will-making process.
Asset Protection FAQs
What is Asset Protection?
Asset protection is the process of structuring your estate to safeguard your property, savings, and investments. We study things like family trees to avoid disputes and ensure your assets are protected from future costs.
Do I need a large estate for asset protection to be worthwhile?
No. Asset protection can be valuable whether you have a modest estate or significant wealth. Everyone should consider protecting their assets, no matter how big or small one’s estate is.
How much does asset protection cost?
The cost depends on the complexity of your circumstances and the structures required. We provide clear pricing in our consultations to ensure that clients know exactly what is in front of them.
Why should I consider Asset Protection?
Without proper planning, your assets may be reduced or distributed in ways you did not intend. Asset protection ensures your wealth is preserved for your chosen beneficiaries.
Can Asset Protection be added to already created Wills etc?
Yes. Asset protection strategies can be incorporated into new or existing estate plans.
When is the best time to start planning for protecting assets?
The sooner you plan, the more options you have. It is never too early to take steps to protect your assets.
Will I lose control of assets if I put them into protection structures like trusts?
Not necessarily—many solutions allow you to retain control while still offering protection. At NI Wills we only recommend what is suitable to you as a person.
Why Choose NI Wills?
Why should I choose NI Wills instead of writing my own / opting for a free will instead?
DIY wills often miss key legal requirements, which can lead to disputes or invalid documents. NI Wills ensures everything is legally sound and tailored to your circumstances.
What makes NI Wills different from other will writing services?
We offer a personal, client-focused approach with clear guidance, professional expertise, and straightforward pricing—no jargon or hidden costs. We only ever advise our clients of the best situation for them, not on the fees involved.
Can NI Wills help with more than just wills?
Yes. We also specialise in estate planning, asset protection, trusts, and powers of attorney, helping you plan comprehensively for the future. Check out our sister sites for more information.
Will NI Wills take the time to understand my personal situation?
Absolutely. We pride ourselves on offering a bespoke service—listening carefully to your needs and providing tailored advice, not “one size fits all” documents.
Is NI Wills a local service?
Yes. We are based in Northern Ireland and understand the local laws, ensuring your will and estate planning are fully compliant and relevant to your circumstances. We only ever deal with Northern Irish clients.
What peace of mind does NI Wills give me?
You can be confident that your loved ones are protected, your wishes will be respected, and your estate will be managed exactly as you intend.