COVID-19: Secure your assets, protect your loved ones

By DRN Solicitors

03 Apr 2020

drn-wills-family.jpg

It’s never too early to plan ahead.

For many, the prospect of writing a Will can be daunting, and the task may be put off due to the fees involved, or the wish to avoid having to think about the legacy you would like to leave behind for your family members and friends upon your death.

It isn’t the easiest topic to address and can often be quite an emotional experience, however it’s important to outline your wishes formally and to set your Will in place, particularly in these uncertain times.

Writing a Will will allow you to define what should happen to your assets, including your finances, property, valuables and any family heirlooms and, if they are to be gifted as inheritance, to whom they should be awarded.

Whilst it is a common belief that merely expressing your wishes to a trusted member of your family or a close friend is enough to see them enacted upon your death, unfortunately this is not the case.

The only way to guarantee that your wishes are fulfilled, your loved ones are protected, and your assets are secured with the ones who matter most, is to write a Will.

Passing intestate (i.e. without having a written Will in place) can cause unnecessary stress for your loved ones. The situation could be particularly complicated if:

You are in a relationship, but you are not married or in a civil partnership with your partner. If this is the case, it is inadvisable to assume that they will receive any of your assets automatically upon your death, even if you are co-habiting.

You have children from a previous relationship and have since re-married. The children you have with your previous partner may not receiving anything.

You have step-children. Your step-child(ren) will not receive anything of yours after you’ve passed, even if you’ve raised them as your own, unless they have been formally adopted.

You are separated from a previous spouse but have not yet received your decree absolute or finalised your divorce proceedings. If this is the case, even if you have both moved on to live with new partners, your estranged spouse could still inherit a portion of your assets.

Take the first step in writing your Will today

The expert solicitors at DRN have several years of experience in handling Wills, Probate and Inheritance, and are dedicated to providing the very best standards of client service, including providing sound, reliable advice that you can trust.

DRN is a member of the Law Society’s Wills and Inheritance Quality Scheme; the membership of which is selectively awarded to the practices which are able to demonstrate the highest standards of technical expertise and customer service.

Contact us today to discuss writing or re-drafting your Will, or visit our online form and provide us with your details, and a member of our team will be in touch with you shortly.

Find out more: drnlaw.co.uk/solicitors-for-you/wills-probate-and-inheritance/wills/

Latest news

1

Eurofighter deals secure thousands of jobs Typhoon production in Samlesbury, Lancashire

Eurofighter deals secure thousands of jobs

24 Dec 2024

2

Rospen shares global reach and industry expertise with MP Grant McGeever and Sarah Smith MP

Rospen shares global reach and industry expertise with MP

23 Dec 2024

3

The Flow Group acquires Blackburn based Modern Bookbinders in strategic asset purchase The Flow Group's Richard, Mick and Helen

The Flow Group acquires Blackburn based Modern Bookbinders in strategic asset purchase

23 Dec 2024

4

fulfilmentcrowd reports record-breaking performance LeeThompsonfulfilmentcrowd

fulfilmentcrowd reports record-breaking performance

20 Dec 2024

5

Record year for Grant Thornton Northern deals team The team

Record year for Grant Thornton Northern deals team

20 Dec 2024

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
The Lancashire Festival of Business
FOB 315
Exhibitions
30 Jan 2025

The Lancashire Festival of Business

Impact Conferencing, Burnley, BB12 6QP

09:30 - 16:00

Skills Bootcamp in Procurement - Cohort 3
Blue-Modern-Land-Travel-Youtube-Thumbnail-2-1024x576.png.png
LBV Hub Awards
14 Jan 2025 - 18 Mar 2025

Skills Bootcamp in Procurement - Cohort 3

Community & Business Partners CIC, Blackburn, BB2 3UA

09:30 - 13:00

Preston Tech Connection - January Meet-Up
Nov Preston Tech Connection event banner-4.png.png
LBV Hub Networking
15 Jan 2025 - 15 Jan 2025

Preston Tech Connection - January Meet-Up

Society1 Coworking Space, Preston, PR1 3LT

18:00 - 19:30

R.I.S.E. and Shine
thumbnail_Emma Weston Illustration WENDY BOWERS RISE Illustrstion.jpg.jpg
LBV Hub Seminars
16 Jan 2025 - 16 Jan 2025

R.I.S.E. and Shine

East Lancashire Chamber of Commerce, Clayton le Moors, BB5 5JR

08:45 - 11:00

The Business Network Central & East Lancashire
LBV Hub Networking
16 Jan 2025 - 16 Jan 2025

The Business Network Central & East Lancashire

Mytton Fold, Langho, BB6 8AB

11:30 - 14:15

LBV120 Magazine Launch Event
DSC9389
Networking
17 Jan 2025

LBV120 Magazine Launch Event

Lancastrian Suite, Town Hall, Chorley, PR7 1DP

08:30 - 10:30

Red Rose Awards 2025
Red Rose Awards 2025
Awards
13 Mar 2025

Red Rose Awards 2025

Winter Gardens Blackpool

18:00 - 11:59

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV118 Online Graphic
Subscribe now

Weekly news bulletin