5 Reasons Why you Should Write a Last Will & Testament

If you have never considered making a Will, you wouldn’t be alone, and with many British adults who have yet to arrange this, there are many reasons why you should not wait. We all like to think we will live to a ripe old age, and will have all the time in the world to organise our estate as the time nears, yet a quick glance at the local news makes us realise that a life can be taken at any time, through accident or illness. If you have never thought about this, here are just a few of the reasons why writing a Will should be at the top of your list of things to do.

  1. Secure your Loved Ones Security – Of course, if you were to die, your future is no longer an issue, however, your loved ones must continue living, and the last thing you want is to cause them any financial hardship, should the worst happen and you pass away. There are, for example, Hertfordshire Will writers who will visit you at your home, and discuss your options, and with a transparent pricing policy, there will be no nasty surprises when the fill finally arrives.
  1. Avoid Over Taxation – It seems like the British government is due to collect in every situation, even when you die, and by seeking the advice of an experienced Will writer, you can be sure to minimise any death duties payable on your estate.
  1. Bequeath to Those who Matter – You might have family heirlooms or specific items that you wish to leave to close friends or family, and if you do not make this clear, it is likely that your inheritance will not be distributed as you wish. You might have an old friend who spent many hours helping you to restore that vintage sports car, and you would like them to inherit the vehicle should anything happen to you, and by writing a Will, you can stipulate specifically what you would like to happen to your assets in the event of your passing.
  1. Peace of Mind – If your Will is comprehensive and covers every eventuality, then you can sleep at nights, safe in the knowledge that if something should happen to you, your loved ones will be well taken care of. Once the Will has been written, should you wish to make any amendments in the future, this is very easy, and can be completed within a few hours by writing a new version, which, of course, must be signed and witnessed according to British legal guidelines.
  1. Avoid Family Conflicts – When a person dies intestate (without writing a Will) then century old laws will determine who gets what, and this often results in family conflicts, which can sometimes be very intense. A family member light feel that you would have given them more than they actually received, and by writing a Will, you can be very specific with regards to who gets what from your estate.

Online solutions make for convenient Will writing services, and there are specialists who will visit the client at their home and guide them through the Will writing process, making sure that everything is covered.

 

Post Author: Kaylyn Vagor