The Goodwills Will Storage and Amendment Service
An original signed and witnessed Will is the only document that can be used to determine what happens with your estate after your death. Copies cannot be used, and if the Will is lost, or defaced it will be deemed that there is not a valid Will, and your estate will be administered in accordance with the rules of intestacy.
Common reasons where a Will is missing or becomes invalid are:
Flood, fire, smoke damage, lost, stolen, torn, spillage, damp, defaced by pens, damaged by rodents or pets. It has even been known for a relative to destroy a Will because they know they will inherit more via the rules of intestacy.
If your executors are unable to find your Will after your death or the will is damaged, then you will be treated as dying interstate – even if copies can be found. If this happens your will may be administered by someone you wouldn't want to, and those that inherit will be determined by the law rather than your Will.
Keeping your will up to date
Many people do not keep their will up to date as time goes on and circumstances change. It is usually quite a big decision to make your Will in the first place, and keeping it updated becomes less of a priority. This can cause problems when you die if beneficiaries have died, or executors are unable to act. You may have more beneficiaries as more children or grandchildren have joined the family. Gifts might no longer be held, and accounts or shares might have been switched or traded. An out of date Will can cause more damage than not having a Will at all!
How Goodwills can help
This is where the Goodwills Storage and Update service can help. Goodwills can offer a secure and safe storage service, with free updates for a low annual fee. This gives you the confidence that your Will is safe, and that you can keep it up to date. You can also store other important documents, such as Trusts, Lasting Powers of Attorney documents, Letters of Wishes at no additional cost.
Documents can be retrieved at any time by the testators (the person making the Will) on production of valid identification. If the documents are in storage when you die, the executors can request the documents, but only on production of valid identification and the death certificate.
Storage of the Will should be done as soon as the Will is signed and witnessed. Documents can be left with the consultant or posted securely to our head office address. This service is fully insured, and documents are stored in a secure room in the offices of Goodwills & Premier solicitors.
You can continue to find out more information by browsing our website, or if you are ready to get the ball rolling you can get in contact with me.
I can offer you a free consultation which I can do in the comfort of your own home, or via the telephone, or you can visit us in Louth.
You have nothing to lose apart from a couple of hours of your time to see whether we are the right company and I am the right person to help you make your Will. Why not get in contact and arrange an appointment, or complete our online client questionnaire? I will be able to assess your circumstances, and explain what Goodwills can do to help.
I look forward to being able to help you get these matters resolved in a simple and straightforward manner.
Call me on 01507 707123, email email@example.com or complete our online client questionnaire to get started.
Jon-Paul Edwards is an experienced Goodwills Senior Client Consultant. He lives local, is down to earth, speaks in plain English, and has strong family values.