If you have been wondering, “should I make a will in Ireland?” and finally decided to act on the idea, it is probably the best decision you will ever make in your life. Why? The answer is simple, it will help protect the people you love most when you die.
Here are some practical reasons for writing a will. Take a look.
Top reasons why you need to write a will:
- Intelligent tax planning.
When it comes to finances, a will can reduce the payable Inheritance Tax. The State levies this tax based on the money you leave behind and your property’s value.
- Clean handling of affairs.
If you are anxious about your family’s future and want to make sure that they don’t go through any unnecessary distress, writing a will is your safest option. In the absence of a will, the State’s laws come into play. If you leave a will, you can ensure the efficient and professional handling of your affairs.
- Only the best for your family.
If you don’t have a will, the law will determine who is eligible to inherit your property. The court’s rules will decide property distribution as well, which may not be in your best interests. Therefore, it is smarter to write a will and relieve your family of dealing with a mess.
- Hassle-free & fast.
This may surprise you, but it is cheaper and faster to administer your estate with a will if you hire a trained solicitor.
- Your peace of mind.
No one wants their loved ones to deal with any property-related problems after they are gone. By writing a will, you get the peace of mind that comes from knowing that you have done everything within your power for your family.
Advantages of additional services:
Apart from drafting a will and handling its execution, experienced solicitors in Ireland like O’Reilly Doherty & Co can aid you in selling or transferring property, estate planning according to your preferences, probate litigation, administration of estates, Ward of court applications, and fair deal scheme applications. So, when you hire experienced solicitors, you also get exclusive property, money, and will related solutions.
Creating a will is not a stressful procedure if you hire our solicitors who specialize in wills, estate management, and probates. Now, you also know the practical reasons for writing a will. So stop asking yourself if you should make a will in Ireland and contact us now!