BANK RATE CHANGE
On 2 November 2017, the Bank of England announced that the Bank Base Rate would increase with immediate effective from 0.25% to 0.50%.
It may not be a task anyone looks forward to, but by making a will you’ll have peace of mind knowing you’ve got your plans and affairs in order.
Having a will in place allows you to detail what will happen to your property and assets when you pass away.
If you pass away intestate, which means without making a will, your assets will be distributed according to the law, which isn’t always the way you might want. Making a will is the only way to make sure your money and possessions go to the people that you choose.
We choose to work with Hugh James to provide will writing and legal services.
If you are not married and haven't made a will, your partner has no entitlement to anything – even if you have children together.
The cost of writing a will can vary depending on what option you choose – from a DIY version without legal assistance, online self-service versions and ones where you use a specialist legal professional who is regulated and insured, like Hugh James.
Using a legal specialist like Hugh James ensures there is no ambiguity in the wording or misunderstanding of any legal term, allowing the estate to be distributed as intended. It also reduces the chance of any significant impact on the length of time it takes to administer an estate.
The cost of a single will with Hugh James starts from £145 (including VAT), as of February 2017.
Hugh James have a large and experienced wills, trusts and legal services team who specialise in all matters relating to estate planning.
They pride themselves on delivering confidential and discreet advice in relation to the different types of wills available to meet your specific financial and family circumstances.
We’ve worked hard to gain your trust and we only work with companies who share the same values and beliefs as Yorkshire Building Society. Hugh James have over 50 years’ experience, and 600 staff members specialising in legal matters – they are a top 100 UK law firm, but they’ve kept a personal, down-to-earth approach, based on finding the right solutions for their clients.
Yorkshire Building Society chooses to introduce its customers to Hugh James Solicitors for the purposes of advising on and arranging will writing and legal services administration. Hugh James is authorised and regulated by the Solicitors Regulation Authority (SRA number 3030202) and is authorised and regulated by the Financial Conduct Authority. Hugh James head office is Hodge House, 114-116 St Mary Street, Cardiff CF10 1DY.Will writing and legal services are not regulated by the Financial Conduct Authority.
Not all forms of Inheritance Tax Planning are regulated by the Financial Conduct Authority.