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As we step into 2025, many of us are setting goals for the year ahead. While resolutions often focus on health, finances, or personal growth, one crucial task that is frequently overlooked is creating or updating your Will. January is the perfect time to ensure your affairs are in order, providing peace of mind for you and your loved ones.

A Will is a legal document that outlines your wishes regarding the distribution of your assets (your house, your money, your possessions), and without a valid Will, your estate will be distributed according to Scottish intestacy laws, which may not align with your personal preferences. Unfortunately we have seen this happen in the past and estranged family members have inherited, causing even more distress to those left behind.

By creating a Will, you can:

• Ensure your assets are distributed as you wish: Specify exactly who will inherit your property, money, and possessions.

• Appoint guardians for minor children: Nominate trusted individuals to care for your children, ensuring their future is in safe hands.

• Minimise potential disputes: A clear Will can prevent misunderstandings and conflicts among family members at what is already a very emotive time.

• Reduce estate taxes and expenses: Thoughtful planning can help minimise the tax burden on your estate, preserving more of your assets for your beneficiaries.

The start of a new year is a time for reflection and planning. It's an ideal moment to address important, but often postponed, tasks like estate planning. By making a Will just now you set a proactive tone for the year and ensure that your loved ones are protected, no matter what the future holds. If you already have a Will but have not updated it for more than 5 years, again, now is a good time to review it. Circumstances change and it is important that your Will is always up-to-date.

At Macnabs, our experienced solicitors will guide you through the entire process, providing straightforward and friendly advice, ensuring you have a Will that is tailored to your individual circumstances, and giving you and your loved ones peace of mind.