What is a Will?

A Will is a document in which you set out how you wish your estate to be distributed after your death. This would take into factors such as money, property and possessions owned prior to death. More often than not, the common outcome is to leave all assets to your immediate family, having a valid Will in place allows the flexibility to provide help to someone other than family or for example to support a favorite charity.

Having a Will in place is essential to prevent more strain and anguish on the loved ones you leave behind. Already reeling from a huge loss, having this aspect covered will somewhat ease the burden from them.

If a Will is not in place, the estate will be distributed according to the rules of intestacy (dying without a Will in place). These rules are fixed with your assets distributed to immediate family. In essence this would mean you would lose all power to decide who ultimately received an inheritance from you.

When instructing to have a Will drafted, an executor is appointed who will have responsibility for distributing the estate accordingly. The executor can be a member of your family, a close trusted friend or a professional expert with a legal background such as a solicitor.

Ultimately by having a valid Will in place for that unfortunate time you are no longer here, your final wishes are fulfilled and those you wish to benefit from your estate will be accordingly.

How To Make A Will
It’s easier than ever to write your Will, those days are long gone where the only option was to use an a solicitor, there are many professional Will Writers across the country who can get your Will written to ensure the will meets all legal requirements and covers all situations. This can be done over the phone.

Type of Wills Explained

Single Will
This is a legal document written by an individual expressing personal wishes, coordinating the distribution of assets after passing away.

Joint Will
A Joint Will is a single document signed by two or more people, which deals with each signatory’s property independently within the same Will Document.

Mirror Will
Mirror Wills are two separate documents, which may use identical wording or simply be reflective of each other’s contents.

Neither individual’s Will is binding on the other person. Each person is free to change their Will at any time if they need to, without notifying the other person.

Contact us today to ensure you have protected your assets and loved ones