Most of us are reluctant to think about making a Will. 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 shared between your loved ones
- Ensure that your partner or spouse is provided for
- Choose who should act as guardians for any children
- Provide for dependants
- 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 , particularly if there are any changes in your personal or financial circumstances, for example, if you are getting married, divorced or having children.
To view some of the questions our clients ask us concerning making a Will, (and the answers) please click here.
What should you do now?