Wills & Estates: Points To Ponder – Part 1 Why Make A Will?

DA
DQ Advocates

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DQ is a leading Isle of Man based law firm with an international reach. We offer a full range of legal, regulatory and compliance services to our local and global clients. We are accessible, responsive and commercial with client oriented strategies and goals.
Understandably making a Will is often at the bottom of the "to do" pile, but it is one of the most important things that you can do. A well-drafted Will can...
Isle of Man Family and Matrimonial
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Understandably making a Will is often at the bottom of the "to do" pile, but it is one of the most important things that you can do.

A well-drafted Will can:

  • ensure that your money, property and possessions are left to those who you wish to benefit
  • allow you to appoint guardians of minor children
  • include specific gifts of treasured possessions or gifts to charity
  • detail your funeral wishes
  • provide peace of mind

Making these decisions now will enable your family (and your Executors) to more easily ensure that your wishes are carried out.

If you do not have a Will your estate will pass under the rules of intestacy which may not reflect your own personal circumstances or how you wish your estate to be distributed.

DQ's private client team has experience in providing straightforward, cost effective succession planning advice. We can assist in drafting bespoke Wills tailored to each client's specific circumstances and objectives, from simple Wills to more complex family trusts or dealing with assets in multiple jurisdictions.

If you would like further information or wish to discuss making a Will please contact Sarah Blackman or any member of our private client team.

Disclaimer

The information and/or opinions contained in this article is necessarily brief and general in nature and does not constitute legal or taxation advice. Appropriate legal or other professional advice should be sought for any specific matter. Any reliance on such information and/or opinions is therefore solely at the user's own risk and DQ Advocates Limited (and its associates and subsidiaries) is not responsible for, and does not accept any responsibility or liability in connection with any action taken or reliance placed upon such content.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Wills & Estates: Points To Ponder – Part 1 Why Make A Will?

Isle of Man Family and Matrimonial

Contributor

DQ is a leading Isle of Man based law firm with an international reach. We offer a full range of legal, regulatory and compliance services to our local and global clients. We are accessible, responsive and commercial with client oriented strategies and goals.
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