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Ensure your property is passed on as you desire

Ensure your property is passed on as you desire.

While you might want to leave property to people you love, things are not always as straightforward as you would hope. When two (or more) people purchase property or land in England and Wales, the way in which it is owned and registered could affect what happens to it after you die. Worryingly, if you don’t put the proper provisions in place, this could prevent your property going to your intended beneficiary.

If you want to leave a property in your Will, there are several factors you need to consider. You’ll need to know how your home is registered.

Tenants in Common. This means each owner has a set share in the property, and, if someone dies, that share is passed on as stipulated in their Will. If no Will exists, the Rules of Intestacy come into force. This means the property does not automatically pass to the survivor and the relevant share could go to someone you do not want.

Beneficial Joint Tenants. Under this arrangement, both people own 100% of the property rather than having separate shares. So, if one person dies, the survivor automatically owns the whole property.

Today, many people are reviewing the way their property is owned to provide for their loved ones, future generations, and protect a home from being sold to pay for care costs.

Offering an in-depth personal service in the comfort of your own home, we make sure that the necessary ownership agreements are in place. We can do this in addition to your drafting your Will and funeral plans, and Powers of Attorney.

Providing professional, honest and friendly advice, we ensure you always understand what is happening. Furthermore, we make sure you have all the time necessary to ask questions and get the information you need.

To arrange your Will, contact Pembroke Will Writers today

01603 877066 or 01603 877067

Our phone lines are open Monday to Friday 9am-5pm. Please note our phone lines will however be closed for lunch between the hours of 1pm and 2pm.

company details
69 - 75 Thorpe Road,
Norwich, NR1 1UA
01603 877066 or 01603 877067
FAX: 01603 230125
copyright © 2017 MJP Conveyancing. All Rights Reserved

*MJP Conveyancing LTD is authorised and regulated by the Solicitors Regulation Authority – SRA No. 590889

MJP Conveyancing Ltd is a company registered in England and Wales Registered No: 8026741 VAT Number: 157917571. A full list of the directors is available upon request. We use the word 'Partner' to refer to a Director of the Limited Company, or any employee or consultant with equivalent standing and qualification. Equality and Diversity Policy Equality and Diversity Policy Statement for Clients * - In calculating this we measure the average time it takes to reach the stage of exchange ( not the date you actually move in which is known as the completion date) from the date we receive the contract from the sellers solicitors or from when we send the contract to the buyers solicitors. This period can be longer when delays arise which are not within our control. We cannot guarantee that we can achieve this average turnaround time in all transactions. This turnaround time does not apply to leasehold and leasehold and new build transactions.
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