Page 66 • The HERALD • 28th March 2024 v INDEPENDENT, LOCAL AND PROUD v YATES & CO Chartered Accountants Specialists in providing accounting and taxation advice to small businesses and individuals Contact: Colin Yates A.C.A. Telephone: (023) 8086 1550 E-mail: enquiries@yatesco.co.uk Personal and Friendly Service ASK A PROFESSIONAL also include smaller amounts of money le to speci c people or organisations, i.e. charitable donations • Who do you want the residue of your Estate to go to? e residue of your Estate is everything le a er any speci c gi s (if any) and a er payment of all debts, taxes and expenses. You don’t need to itemise the residue, you can simple decide what portion each bene ciary is to receive, if you are naming more than one • What would happen if? is is a question you should also ask. For example, what would happen if a bene ciary were to pass away before you do? You may wish to consider appointing reserve bene ciaries to ensure that your estate goes to the right people • If in doubt, always seek professional advice If you need any help or advice in relation to writing your Will, please contact us on 023 8087 9243 or email: info@ heritagewillwriting.co.uk. who should be responsible for your children’s welfare. Guardians may also be Executors • You may wish to include a clause detailing who will take your pets, if you have any • If any assets are placed in Trust under the Will, you’ll also need to appoint Trustees. ese are the people who will look a er any assets placed in Trust • You should include any speci c instructions you have regarding your funeral arrangements. For example, do you wish to be cremated or buried? Are there any speci c requests about the Funeral Ceremony or arrangements? • You don’t need to list everything that you own in your Estate, but you do need to consider any speci c gi s that you wish to make in your Will. ese gi s will cover those personal possessions that you wish to go to speci c people - items of jewellery, for example. ese gi s may Things to Consider Before Writing your Will by Heritage Will Writing Writing your Will can be a daunting prospect for many people and one that o en gets ‘put o ’, as a result. Unfortunately, it’s also one of the most important things you should address in life, particularly, once you get married, have children, or start to accumulate assets of any value. We’ve found that people o en procrastinate over writing their Will because they don’t really understand what’s involved or how to go about it, so, here are a few things you need to consider that will help get you started. Whilst this article covers some of the basics, a more detailed explanation can be found by visiting: www. heritagewillwriting.co.uk. Writing your Will – e Basics • You will need to appoint Executors- these are the people that will carry out the instructions in your Will. You can appoint up to four Executors, but it’s wise to appoint at least two. e Executors can also be Bene ciaries under the Will • If you have children who are under the age of 18, you’ll need to appoint Guardians. is allows you to decide New Year, New Look: Luxury New Forest Hotel to Complete Refurbishment A luxury New Forest hotel is nearing the completion of its ‘New Year’ refurbishment – transforming the 4-star venue into the modern era. Balmer Lawn Hotel, situated near Brockenhurst in the heart of the New Forest, has revamped its award-winning Beresford’s restaurant, one of its corporate meetings spaces and snug area, with just the bar and lounges to be completed in time for the Easter Bank Holidays. Owned by the Wilson family, the 2024 refurb re ects their commitment to providing guests with an updated and modernised experience – ensuring the independent hotel remains at the forefront of hospitality in the region. Offering guests a contemporary and comfortable environment, the updated aesthetics were undertaken by Julian Taylor Design Associates and Blu Decor Ltd, which included a repaint of the rooms, partial papering to add texture and warmth, installation of new light ttings, and wall art to bring personality to the spaces. Pauline Clitheroe, Sales and Revenue Manager at Balmer Lawn Hotel, said: “We’re excited to be edging closer to the completion of the new year refurbishment, with the bulk of spaces having already been finalised. It’s great to see the hotel get a fresh look ahead of another exciting year ahead, and we can’t wait to welcome new and returning customers in the build up to Easter and beyond!” e refurbishment has already been met with positive feedback, with one regular guest, Ellie, saying: “The new decor looks great! I regularly stay at Balmer Lawn and it’s great to experience a refreshed feel to the hotel.” To nd out more about Balmer Lawn please visit: www. balmerlawnhotel.com
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