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WHY MAKE A WILL?

Do you know that if you die intestate (without a will):

  • you do not get to decide who inherits your property.
  • you do not get to choose a suitable Executor – someone to manage your affairs.
  • If you die intestate then these things are decided by the provisions of The Succession Act.
  • If you are married, then your spouse may not receive everything you own.
  • If you are unmarried, then your partner will receive nothing. 
  • The task of administering your estate could fall to an unsuitable person or persons and this may lead to disagreements  among family
  • Your loved ones may have to pay more inheritance tax.
  •  If you are getting married. This is because marriage cancels any previous will you have made. 
  •  If you are cohabiting with your partner - because unmarried partners do not benefit under the rules of intestacy.
  • If you are separated from your spouse or partner - because if you remain married then your estranged spouse will still inherit if you fail to make a will.
  • If you are divorcing - to ensure that your wishes are up to date.
  • If you have children - because you should nominate guardians to look after your children in the event of your death.
  • If you receiving money or property, so that you can direct where such property will go when you die and save as much inheritance tax as possible.
  • If you own a business or a farm, to ensure that you can pass it on to people who are willing and able to run it following your death and pay the minimum of tax
    • Your will could be invalid;
    • Your will could leave out important provisions which you may not be aware of;
    • If mistakes are made then you could cause conflict within your family which may lead to litigation over your estate following your death. 

For example:

WHEN SHOULD I MAKE A WILL?

Even if you already have a will, you should review it regularly to ensure that it still reflects your current wishes.  You must make or review your will in the following situations:

CAN’T I PREPARE A WILL MYSELF?

You can, but for something so important is it worth the risk getting it wrong?  Without proper advice from a solicitor:

We can tailor a will to suit your individual needs and to carry out your wishes in a tax-efficient manner to ensure that your affairs are managed smoothly and your loved ones taken care of with the minimum of stress.

OUR EXPERTISE

Jenny Powell is a solicitor and also a registered Trust and Estate Practitioner (TEP). She specialises in the areas of Wills, Probate and Trust and Estate Planning and is a member of STEP (www.step.org) - the worldwide professional association for practitioners dealing with family inheritance and succession planning.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Phone: 021 4270451

OUR SERVICE

  1. If you decide you wish to make a will, please contact us for an appointment. We will send you a questionnaire prior to your appointment to help us to get a sense of your requirements, both legal and personal and to help us to see and to deal with the issues involved.
  2. We would then contact you to discuss your requirements and deal with any questions or worries that you may have.
  3. We would then draft your will, tailored to suit your individual needs,  and go through it with you in detail until you agree a final draft.
  4. Finally, when you are happy with the will, we arrange for you to sign it either at our offices or at your home if more convenient. 
  5. If you unable to visit our offices due to ill-health we would be happy to call to you see you at your residence.

HOW MUCH DOES IT COST? 

We charge fixed fees for standard wills as follows:

  • Single will:                                                                            €150 plus VAT
  • Mirror wills for a couple:                                                      €200 plus VAT

If your instructions are more complicated than anticipated, for example if you have a large number of beneficiaries or separate gifts, or if you want to include a trust within your will, then our charges may exceed this amount.  In any event we will let you know what our charges will be when we are aware of your requirements. 

Michael Powell Solicitors

Directions

We are strategically located in Cork's Central Business District opposite City Hall and adjacent to the Clarion Hotel.  There is on street disc parking or the Clarion Hotel Car Park.

  Our Address: 
5 Lapps Quay
Cork DX 2104
        Hours of Operation:
Mon. to Fri. 9am to 5.30pm
Tel: 021 4270451 Fax 021 4270454