Why you should write a Will?
It is simple and quite straightforward to make a Will. It will help reduce the anxiety and stress felt at such a difficult time.
- A properly drafted Will makes it much easier for your family or friends to sort your estate and your wishes when you die. Without a properly drafted Will the process in most cases becomes more time consuming and a lot more stressful.
- If you don’t write a will, everything you own will be shared out in accordance with the law and not as you may of wanted.
- A will can help reduce the amount of Inheritance Tax and other external attacks on your wealth that is potentially payable on the value of the assets you leave behind.
- Writing a will is essential if you have children or other family members who depend on you, or if you want to leave something to people outside your immediate family.
But the biggest reason why you should make a Will is because you care for the loved one’s you leave behind
No one should die without a Will
So don’t let this happen to you!
When one of two sisters suddenly and unexpectedly died, her whole estate automatically went to her farther, who had not been in contact with them for over 20 years, since the divorce from their mother (their mother had recently passed away) neither sister had married and had remained very close since the divorce. The tragedy was her sister got absolutely nothing something that I am sure her sister would not have wanted
When you die without leaving a Will, the law of intestacy decides who gets what and how much. It doesn’t matter what your relationship is with those closest to you
By making a properly drafted Will it will clearly state who should get your property and money when you die, preventing unnecessary distress and family discord at an already stressful time for your family or friends.
Claims against estates are on the increase due to no Will being in place or a poorly drafted Will not stating clearly what should happen. This is especially common when an unmarried partner dies without leaving a Will or children from different partners.
Don’t leave your estate to chance! Make a Will.