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WHY DO YOU NEED TO WRITE A WILL?
Writing a Will is one of the most important steps you can take for both you and your family - and yet it is often something that people put to the back of their minds.
A Will can help protect your loved ones when you are gone and ensure your affairs are dealt with in the way that you want. Giles Scott, partner at Lanyon Bowdler Solicitors and head of the Wills, trusts and administration of estates team in Hereford, explains some of the main reasons why you should make a Will...
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To ensure your children are looked after If you have young children, you can use your Will to appoint legal guardians to look after them if you pass away whilst they are under 18. If you don't do this, the decision as to who looks after them could be left to the family courts, who may not appoint the same people you would have chosen.
To ensure your partner or cohabitee is provided for If you die without a Will, this is called dying ‘intestate’. In these circumstances, your estate is distributed in accordance with a strict set of rules known as the Rules of Intestacy. Under these rules, unmarried partners aren't automatically entitled to inherit anything from your estate, no matter how long you have been together. By making a Will, you can ensure that your partner will receive their fair share of your estate in accordance with your wishes.
To give you reassurance and peace of mind When your Will is signed and dated, you will feel reassured knowing that your affairs are in order, everything has been arranged and your wishes will be carried out in a way that causes the least stress and difficulty for your loved ones.
To decide who should be responsible for dealing with your affairs Within your Will, you can name one or more executors who will be responsible for dealing with your estate and
carrying out your wishes. This is an important job with much responsibility. Choosing your executors in advance allows you to choose the most suitable people whom you trust to carry out this task.
Who should you instruct to make a Will? The rules for writing a Will are very specific and it is therefore best to instruct an experienced solicitor to assist you and make sure it is done correctly. Why not visit
www.lblaw.co.uk or call 0800 652 3371 for more information.
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BUSINE SS LANYON BOWDL ER SOL ICI TORS
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