Will Writing and More
You can, of course, write your will yourself, but we’d recommend getting advice if your will isn’t straightforward. You would need to get your will formally witnessed and signed to make it legally valid. If you ever want to update your will, make an official alteration, or make a completely new will, get in touch with us and we’ll sort everything out for you.
Why Is a Will Important?
Most people should have a will. Wills can determine who your property is passed on to, who will be the Executor, who the guardians of your children will be, and more. More reasons to consider a will are detailed below:
- If you pass away without a will, it would mean you would have died "intestate". When this happens, it would be passed to the intestacy laws of the state where you reside which would then determine how your property is distributed upon your death. This would include any bank accounts, securities, real estate, and other assets you own at the time of death. Everyone is different, but why not distribute what you own yourself rather than letting someone else decide for you.
- Choose who your estate goes to whether it’s a family member or a charity, rather than have someone else decide where and to whom your belongings go.
Make life easier whether you’re a buyer or seller! Conveyancing is an essential part in buying or selling property. A professional conveyancing solicitor helps with the settlement and title transfer process by ensuring that their client is meeting all legal obligations and that their client’s rights are protected during the transaction.
It involves the legal transfer of home ownership from the seller to you being the buyer. The conveyancing process starts when your offer on a house is accepted and finishes when you receive the keys.
Conveyancing for Your Mortgage
You will need to get your mortgage in place, which includes ensuring you have the savings available for a deposit. Your solicitor will receive a copy of the mortgage offer and go through the conditions. You will need to get a mortgage valuation which would normally be a part of the conveyancing process and is carried out on behalf of the mortgage company, so they can ensure that the property you’re buying provides sufficient security for the loan.
You normally have to pay for the mortgage valuation yourself, however a mortgage company might throw it in for free to attract new business. You may also need to have some other surveys completed. Before exchange of contracts can take place, your lender will need you to get buildings insurance for your new home because you are responsible for the property as soon as contracts have been exchanged, so it’s in your best interest to protect yourself in case of any mishaps.
It can be a tricky process to do alone and this is why our team of conveyancers are here to help you every step of the way.
Do you have accounting worries? If you do, please don’t stress; simply speak with our trusted team! Accounting is essential if you want to be able to grow your business or stay organised being self-employed in a way that can be measured and predicted. Having a system in place for the tracking your business assets, liabilities, and any income lets you become smarter and be able make informed business decisions based on the past performance and present financial health of your company. Whatever your accounting need, get in touch with us now for advice or assistance.