Happy New Year to all of our readers! We hope that 2018 brings you and your loved ones all that you hope for!
In her first article of 2019, Laura Richardson details some of the things that you may want to consider if you are planning on moving to a new house in Braintree this year . . .
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January is a popular time for prospective home owners to begin searching for a property to buy a new house in Braintree or in the surrounding areas of Essex. Once you have exchanged contracts and are making the important last steps towards moving to your new home, there are many tasks that need to be undertaken. We at Andrew Douglas Wills & Legal Services have compiled a list of a few points that you may need to consider if you are moving to a new house in Braintree or in the surrounding areas of Essex.
Updating your address
When updating your address with the relevant companies and contacts, it is important to notify your Will storage facility to ensure that they have the most up to date contact details for you and your next of kin.
Moving important documents
It is vital that you ensure that your most important documents are securely transferred to your new home. It may be that you wish to take charge of this particular task yourself. However, most removal companies will be able to discuss your needs with you and advise you as to the best way to transport documents such as your Will, or other legal document such as a Legal Power of Attorney, or Trust documentation.
Making changes to your Will
If you are purchasing a new house in Braintree or throughout Essex, it is likely that you will need to update your Will in order to include your property as part of your Estate. This will ensure that when you die your property will be passed down to the person, or people as you wish. Similarly, moving to a new home may well trigger a change in your financial position which may need to be considered in accordance with your Will. Making changes to your Will is usually a relatively simple process.
Moving in with a partner
If you decide to purchase a property with a partner, it is advisable to seek legal advice regarding how your property share would be distributed should one of you die. It is a common misconception that if you live with a partner then they will automatically inherit your Estate if you die. In order to ensure that your Estate passes to your partner, you will need to make a valid Will which names your partner as a beneficiary of all or part of your Estate.
We at Andrew Douglas Wills and Legal Services understand how stressful moving home can be but making a Will or updating your current Will need not be a complicated process. Contact us today via www.andrewdouglaswills.co.uk to arrange a free initial consultation to discuss your needs in Braintree and throughout the surrounding areas of Essex. ————————————————————————————————————————————————————
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