Young or old, if you’re over 18 you should have a Will. Let’s face it no one
knows what’s around the corner and it makes sense to be prepared.
If you’re at the younger end of the scale with no health issues or
responsibilities, perhaps getting a Will in place isn’t the top of your
priorities, but still shouldn’t be something you keep putting off.
When a Will should be a priority
It obviously becomes more important to have a Will if you’re older or you have
health issues. It is also important i
There are a number of formalities you’ll need to follow to make sure your Will
is legally valid. If your Will is deemed to be invalid when you die, your estate
will have to be dealt with as if there was no Will, being distributed according
to the rules of intestacy and not as you’d requested.
The good news is that the rules for making a valid Will are quite easy to comply
with, so really there’s no excuse for getting it wrong.
For a Will to be legally valid it must be:
* Made by someone who is
Having a Will can make sorting out your affairs much clearer and easier for your
friends and family at what will already be a difficult time for them.
It is only by having a Will that you have a say in the things that matter to
you. These can include:
* Who your estate will be left to – especially important if you’re not married
to your partner.
* Any specific wishes or funeral arrangements to be carried out.
* Minimising the amount of inheritance tax to be paid.
* If you have children,
When creating a will to document the division of an estate or assets, the
tendency can be to look for a will writing service that is located close by.
Historically the large majority of people have visited their town center or
high street and prepared their will with a local solicitor.
In fact, the term ‘will writing services near me’ scores very high for the
number of searches in Google’s engine.
This demonstrates that for those looking to write their will there is a common
thread of seekin Read More »
You have until June 4th to write your Will
[https://www.affio.co.uk/why-should-i-use-an-online-will-writing-service] and
register it for free with The National Will Register
[https://www.nationalwillregister.co.uk/aboutwillregistration.aspx] using code
FreeWillReg2021.
The National Will Register is a trusted partner of the Law Society of England
and Wales. The register is used by individuals, families, organizations,
government agencies and law firms to register their will. There are over 8
mi Read More »
There is a lot of talk around the importance of writing a will to ensure that
your money, property, and other assets are bequeathed to the family members or
children that you wish to nominate as beneficiaries of your estate.
However, did you know that there are certain types of financial assets and
property that you should not or cannot include in your will?
These types of assets are usually jointly owned or contain some sort of
instruction that dictates what happens to the property should you Read More »
If you have recently been considering making a will then you may have stumbled
across one of the many online will writing services.
While this may look like a fast, efficient way to prepare your last will and
testament, it may have left you with some unanswered questions.
Here we will take a look at the positives and negatives of using an online
service for your will preparation.
Pros
Convenient
Preparing a will online saves a trip to the solicitors office and means that you
can write your Read More »
If you have documented your wishes that are to be carried out after your death
in the form of a will, you will need to review it periodically.
Having your estate and finances distributed to people of your choosing can be
handled legally by way of a will. However if your circumstances change you may
want to alter things like beneficiaries or change assets that are bequeathed to
a specific person.
Life brings about many changes and there are a number of instances where you may
need to amend your Read More »
