Although we’d rather not think about a time when we are no longer around, a will is something we all need to make at some point in our lives. This is because failing to make a will may result in our loved ones not getting the assets you would want them to have. According to the BBC despite the importance of making a will, a whopping 60% of people in the UK have not written one – putting them and their family in a precarious position.
The good news is that writing a will needn’t be as difficult, time-consuming or excruciating as you may think. Take a look at the following tips and advice on how to make a will to learn how easy it can be.
Go to a solicitor
One of the easiest and most straightforward ways to make a will is to go and see a solicitor. Solicitors will be able to assist you in every aspect of writing your will and will be able to draw this important document up for you and have it processed in the correct manner; so that it is 100% legal and accurate. If a will is not drawn up and processed correctly it could lead to problems for you family when you are not longer around and could even become void.
What to include in your will
You may be wondering what you need to include in your will and the truth is you should include everything you own. It is sensible to write down a list of all your belongings, including, property, cars, bank or building society savings, jewelry record collections and other household contents.
Make a list of what you owe
Before you go and see a solicitor about making your will, it is also a good idea to write down any money or assets that you owe. Include any mortgages, loans, credit cards and hire purchase agreements.
Write a list of all the people, charities and other organisations you want to be included in the will.
Make a list of everyone you want to be included in your will, as well as any charities or organisations that you want to benefit and take it to the meeting with your solicitor.
Decide who the executors will be
You will also need to decide who you want to appoint as executors: the people responsible for sorting out your estate and carrying out your wishes.
315 total views, 2 views today