Page 19 - September2023

DREAM HOMES
lindsays The

Safe as houses - a Will can help comfort zone

Making a Will can safeguard your home to your loved ones.
Otherwise, the law will take over.

No one wants to think about death or Rather than adding to the distress of A quaint steading conversion in West Lothian makes an idyllic
disaster when they’re celebrating a loved ones, a Will can provide protection place to call home.
house purchase. But since it’s probably and certainty.
the biggest financial commitment you’ve
ever made, you need to consider what Updating an existing Will
would happen if you died. If you already have a Will,
congratulations. But you should certainly
Scotland has rigid laws about who review it, and perhaps update it, when
inherits your property, if you die you buy a property – to make sure it suits
without a Will it can have unforeseen your situation.
consequences.
So, rather than crossing your fingers it’s
The risks you run so much safer to make a Will.
If you own a property and die
without a Will:

• Cohabitees don’t have an automatic
right to inherit, unlike spouses and
civil partners.
• Depending on your title deeds, they
may not be entitled to any part of the Clare McCarroll
property at all. Partner, Private Client Services
• Alternatively, a cohabitee you never claremccarroll@lindsays.co.uk
wanted to inherit the property could 0131 656 5609
go to court to claim a share of it.
• Your children or any other chosen
beneficiaries could miss out on an
inheritance you wanted them to
have.
• Your estate could face legal disputes
and additional fees.

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Advertorial - ESPC - Property Wills - 148 x 210mm - Sept 2023.indd 2
Advertorial - ESPC - Property Wills - 148 x 210mm - Sept 2023.indd 2 05/09/2023 07:32