Making or Updating a Will
Commercial Lease Services
Making or Updating a Will: A Guide by United Solicitors
A will is one of the most important documents you can create, ensuring that your assets are distributed according to your wishes after your death. Making or updating a will can provide peace of mind, knowing that your loved ones are taken care of and potential disputes are minimized. At United Solicitors, we offer comprehensive services to assist you in drafting or updating your will, ensuring it reflects your current wishes and circumstances.
Understanding Making or Updating a Will
At United Solicitors, we streamline the process of making or updating your will, providing expert legal guidance every step of the way.
Key Parties Involved
- Assignor: The original tenant who holds the lease and wishes to transfer it.
- Assignee:: The new tenant who will take over the lease.
- Landlord: The property owner who must consent to the Making or Updating a Will.
Common Reasons for Sole Representative Of An Overseas Business
- Business relocation or expansion
- Downsizing operations
- Financial difficulties
- Personal circumstances requiring relocation
- Comprehensive Support
From the initial consultation to the final settlement, our solicitors provide comprehensive support. We handle all the paperwork, negotiations, and court proceedings, allowing you to focus on your recovery.
Legal Requirements for Making or Updating a Will
Reviewing the Making or Updating a Will
For more information or to schedule a consultation, please contact United Solicitors today. Let us help you bring your family together with confidence and peace of mind.
- Consent Requirement: Many leases require the landlord’s consent for an assignment.
- Assignment Provisions: Some leases have strict conditions or limitations on assignments.
- Liability Clauses: Understand the assignor's continuing liabilities post-assignment
Obtaining Landlord's Consent
Clearly outline who will inherit your assets, including property, money, and personal belongings.
- Financial statements or credit checks for the assignee
- Details about the assignee's business or intended use of the property
- An assignment fee or reimbursement for legal costs
Drafting the Making or Updating a Will
Designate guardians for your minor children, ensuring they are cared for by someone you trust.
- The effective date of the assignment
- The terms of the transfer
- Any continuing obligations of the assignor
- The assignee’s acceptance of the lease terms
Legal and Financial Implications
At United Solicitors, we offer comprehensive services to assist both tenants and landlords with licenses for alterations:
- Continuing Liability: In some cases, the assignor may remain liable for lease obligations if the assignee defaults.
- Deposit Transfer: Handling the security deposit and any prepaid rent between the assignor and assignee.
- Indemnity Clauses: Protecting the assignor from future liabilities.
How United Solicitors Can Help ?
Expert Legal Advice
Our team will review the lease agreement in detail, explaining the terms and identifying any potential issues or opportunities for negotiation.
Comprehensive Services
Creating a will is crucial for several reasons:
- Asset Distribution
- Preparing for Sale
- Eligibility Assessment
- Drafting the Transfer Deed
Tailored Solutions
A client approached United Solicitors to update their will after a divorce and the birth of a grandchild. We conducted a thorough review of their existing will and discussed their new circumstances and wishes. Our team drafted an updated will, reflecting the changes in beneficiaries and the appointment of a new executor. The client was pleased with the comprehensive service and the peace of mind it provided, knowing their estate was properly planned.
Conclusion
Making or updating a will is an essential step in ensuring your estate is managed according to your wishes. United Solicitors is committed to providing expert legal guidance and personalized service to help you create a will that reflects your intentions. Contact us today to schedule a consultation and take the first step in securing your legacy.
Contact US Today!
Contact us today to learn more about how we can assist you with your Making or Updating a Will needs.
Enquiry Form: Ask the Experts
- Initial Consultation: You’ll meet with a legal expert to discuss your requirements and understand the options available to you.
- Drafting the Trusts: United Solicitors will draft your LPA based on your preferences and requirements, ensuring clarity and legal compliance.
- Execution & Registration: Once the LPA is finalized, it needs to be signed by you (the donor) and your chosen attorney(s) in the presence of witnesses. United Solicitors will guide you through this process and handle the registration with the Office of the Public Guardian.
- Ongoing Support: United Solicitors offer ongoing support, ensuring that your LPA remains up-to-date and reflective of any changes in your circumstances or preferences.