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We are authorised and regulated by the Financial Conduct Authority (FCA) and members of the Equity Release Council.
Bower has always supported the aims of The Council and the associated SHIP safeguards which our membership offers, such as its commitment to impartial advice.
But by taking a few hours to plan things now, you could make an already difficult time for your loved ones much less stressful.
Making a Will means that your requests are carried out the way you want them to, rather than leaving it all to be decided by someone else.
By writing a Will you can:
So, what happens if you die without making a Will?
In legal terms, you will die ‘intestate’ which means your property and belongings may not go to the people you wanted it to. In this case, there are special rules called the Laws of Intestacy that determine how your estate will be distributed.
These rules are the same for everyone. Which means the people you actually wanted to leave an inheritance to might not be considered. Similarly, estranged relatives could inherit from your estate.
The Laws of Intestacy state (amongst other things) that:
At Bower, we suggest reviewing your Will every five years, or whenever there are any major changes in your life, such as:
If your existing Will is out of date and/or requires a number of changes, then starting afresh with a new one might well be less complicated. It could also reduce the likelihood of people contesting your Will when the time comes for it to be executed.
Making a professionally written Will is the most reliable, legally binding way you can provide for others when you are no longer here to do it yourself.
At Bower Retirement, our helpful and professional experts can take care of the whole process for you. Our legal partners are specialists in Will writing and will liaise with you over the telephone to expertly prepare your documents just the way you want them.
For a professional consultation with our specialist Will writer, call us now on free phone 0800 411 8668.