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“My mother always said she did not need to make a will
as she had nothing to give away. But she was so wrong.
Our family argued over her possessions, who was to sort out
her affairs, and even over her funeral arrangements.
Not making a Will was a false economy.”
A common perception is that a Last Will and Testament (“Will”) just sets out how an estate is to be distributed in the event of a person’s death. A professionally drafted Will however can achieve far more.
17 Good Reasons To Make Your Will
For example a professionally drafted Will can protect the family home, avoid the eradication of family wealth, or reduce significantly the risk of minor children being placed in local authority care in the event of them being orphaned.
Our guide ‘17 Good Reasons to Make Your Will‘ explains why making a Will is so important
for most individuals and families.The guide explains how your spouse can otherwise
be made homeless, your partner may inherit nothing, your children disinherited, your
minor children are at risk of being placed in Local Authority care, and why stepchildren
must be named in their stepparent’s Will. It also discusses long term care and the
risk of your home being used to fund care costs for a surviving spouse, how the wealthy
can protect their estates from inheritance tax planning, and business succession
planning -
The guide shows why if you are a parent or a single parent, retired, divorced, remarried, have a disabled child, own your own business, own a share of someone else’s property, have a property abroad, or have specific funeral wishes, that making a will is even more important than most people appreciate. It also explains how you can use your will to exclude someone from benefiting from your estate, and touches on how you can include a trust to protect a resident or life tenant who would otherwise risk being evicted.
And while all 17 reasons are unlikely to apply to you, you will probably find that
at least three do -- and that alone is three good reasons why you should make a will.
To download your free copy of the guide just click on the button below.
- What people are involved in the making, and administration of a will?
- Testator, executor, trustee, guardian and witness -
all explained. - Administration is the only option for those who overlooked making a will
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Related Topics:
► 11 methods to make your will;
► Read the secrets will writers (& Solicitors) don’t want you to know;
► Which type of will suits you best?
► Business owner? You need more power;
► Common mistakes in will-
► Other considerations / guardian
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