WHAT IS A WILL?
A Will is a document which details what should be done with your estate once you have died. The three most important reasons for writing your Will are:
- Your children – if you haven’t made provision for their guardianship upon your death, then the courts will make that decision for you and appoint someone on your behalf.
- Your assets – you decide who inherits what… or more importantly who doesn’t inherit at all!
- Tax efficiency – you can maximise what you leave to your loved ones and not what you give to HMRC
Most of us have a mental ‘to-do’ list of things that we never seem to get round to…. like taking more exercise, eating a bit healthier or writing a Will.
As a wedding or a holiday can prompt improved exercise or a better diet, so the death of a loved one might start us thinking about a writing a Will. Even then, it’s easy to put it off until ‘nearer the time’, but should you die without a Will, the rules of Intestacy will apply.
These are rules which set out who will inherit your estate in the absence of a Will. So whilst we don’t see the benefits of writing a Will ourselves (like we would in those holiday photos!), it really should be at the top of everyone’s ‘to-do’ list.
Most of us have a mental ‘to-do’ list of things that we never seem to get round to…. like taking more exercise, eating a bit healthier or writing a Will.
As a wedding or a holiday can prompt improved exercise or a better diet, so the death of a loved one might start us thinking about a writing a Will. Even then, it’s easy to put it off until ‘nearer the time’, but should you die without a Will, the rules of Intestacy will apply.
These are rules which set out who will inherit your estate in the absence of a Will. So whilst we don’t see the benefits of writing a Will ourselves (like we would in those holiday photos!), it really should be at the top of everyone’s ‘to-do’ list.
Speak to life & death matters so that we can offer you clear guidance & provide you with a Will that reflects your wishes.
life & death matters guarantees absolute confidentiality – Will writing is a very private matter.
We will work with you to ensure our advice is tailored to your specific individual needs so that the people who are important to you are provided for, whether this is your first Will or updating an existing Will.
life & death matters can help you piece together your Estate Planning needs to provide you with complete peace of mind.
