New Year, New Plans: why January is the perfect time to make your Will

As the new year begins, many of us are filled with motivation to get organised, tackle long-standing to-do lists, and set ourselves up for the months ahead. While health and fitness goals often take centre stage, it’s also the perfect time to get your financial and personal affairs in order – and that includes making or updating your Will.

At Ness Gallagher Solicitors, we understand that making a Will can feel like a daunting task. However, it’s one of the most important steps you can take to protect your loved ones and ensure your wishes are clearly outlined.

After the festive period, many people reflect on family, responsibilities, and future planning. January provides a natural reset, making it the perfect month to organise your affairs and gain peace of mind. By addressing your Will now, you can:

1. Avoid uncertainty: Clearly set out your wishes and ensure your estate is distributed as you intend.
2. Protect loved ones: Ensure family members and dependents are taken care of, preventing potential disputes.
   
3. Appoint guardians: If you have children, a Will allows you to appoint guardians to look after them should anything happen to you.
   
4. Minimise Inheritance Tax: Careful estate planning can help reduce tax burdens, ensuring your assets go further for your beneficiaries.
   

Also, importantly, if you do not have a Will, then your assets (your money, possessions and property) could end up going to someone you do not want to. Many people delay making a Will due to common misconceptions, thinking they are too young or their assets are simple. Life can be unpredictable. Having a Will ensures your wishes are followed at any age and even modest estates can benefit from clear instructions to avoid complications.

Everyone should also have a Power of Attorney in place. This is a legal document that allows you to appoint someone to make decisions for you (concerning your health and welfare and / or your financial affairs) if you are unable to do so yourself. Even if you are married, your spouse may not be able to make decisions for you if you suddenly lose the capacity to do so.

Start the year with confidence, knowing that your loved ones are protected and your affairs are in order. Our experienced team is here to guide you through the process with compassion and expertise. We’ll take the time to understand your circumstances, ensuring your Will and Power of Attorney reflects your wishes accurately and comprehensively.