When you purchase a new property, it is crucial you review your Will to ensure everything is in place. Often purchasing a new asset can upset the balance of a Will, and where the value of your new asset is large, it can mean your current Will no longer reflects your wishes accurately. If you don’t already have a Will in place, now is the time to think seriously about it. In the absence of a Will, your estate will be distributed according to intestacy rules – which may not reflect your wishes.
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