We strongly encourage everyone to make a Will as or when their personal circumstances change. When you buy or sell property, get married or divorced, have kids or grandkids, inherit large sums of money or if you own a business, or shares etc then you should consider making a Will.
If you have not updated your Will in the last few years, we can happily read over it with you to make sure you are happy with all the wishes noted down for the future. When you die the EXECUTORS of your estate will help to administer everything in keeping with your wishes. That is why it is important you give this role to someone you trust and make them aware of their responsibilities sooner rather than later so that they can accept or decline this appointment. They may wish to ask you some relevant questions regarding your estate so that they know exactly what to do when the time comes. Scullion LAW can even act as an Executor if you would like- just ask. You can appoint more than one Executor in your Will.
If you would like more information on the Role of an Executor this useful guide which we took from Alzheimer Scotland website may help. Timescales and roles can vary depending on the size of the estate and the complexities within individual families. Some estates are more straightforward than others. So it is useful to know what you are getting yourself into as an EXECUTOR as it can be an emotional, time consuming and financial responsibility. It is up to the Executor to give the Beneficiaries whatever is left in the estate after the debts, expenses, claims and taxes have been paid. Your Will gives the executor certain legal and financial powers to manage the estate, including the power to keep or sell property in the estate, to invest cash, manage your expenses and even plan your funeral. We are here to help you get started and we can support you and your EXECUTORS every step of the way however we can.
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Please download the PDF and speak to us if you have any questions.
730 Dumbarton Road
0141 374 2121