Most of us are reluctant to think about the consequences of our own death. Making a Will and planning for the future can seem like something to be put off until we are older. Failing to think ahead, however, can mean more problems for families and other dependants at a very difficult time.
By making a Will, you can:
- Choose exactly how your property and possessions will be divided
- Ensure that your partner is provided for – your ‘other half’ may not automatically get everything or anything
- Choose who should act as guardians for any minor children
- Provide for dependants
- Prevent (or at least minimise) arguments amongst those left behind
- Take steps to save tax
- Prevent additional upset and confusion for your loved ones on your death and decide who you would like to wind up your affairs
In other words, you can ensure your affairs are in order and so have peace of mind.
If you already have a Will, you should review it regularly and, in particular, if there are changes in your personal circumstances, your financial circumstances or in a beneficiary’s circumstances.
If you would like to know more about making or updating your will, please contact Claire Carberry by emailing claire.carberry@dmhstallard.com or by calling her on 01293 585610. Alternatively , speak to Charmaine Wilson by emailing charmaine.wilson@dmhstallard.com or by calling her on 01293 605000, or speak to your usual contact in the Private Client team.
