There is no excuse for not having a will professionally written:
they are affordable and ensure that your wishes are carried.
Will Writers and Lawyers working together, setting news standards in estate planning
Why Should I Make A Will?
We all know we should have one, but often we do not understand why
Let's look at what happens if you die without a will.
Making a Will is the only way to ensure that your wishes are carried out after your death. If you have not made a valid Will, your property will pass according to the Law of Intestacy. This may not be what you would have wished. In any event it is likely to take longer to finalise than if you had made a Will. During this time your beneficiaries may not be able to draw any money from your estate. It can mean arguments and distress for relatives.
Other Facts to Consider
If You Are Single
You will want your estate divided amongst friends, relatives and charities of your choosing and in the proportions you want.
If You Are Married
Don't assume "my other half will get everything". Brothers and sisters or parents may have a claim. Often you children have a right to part of your estate. If you are living as a couple but not officially married, you may be treated as a single person and a surviving partner may get nothing at all. One thing you can be certain of - there will be argument and dispute at a time when the family should be coping with the loss of a loved one.
If You Are a Parent
You should consider who would look after your children in the event of your death. This is particularly important in the case of one parent families or unmarried parents living together. A valid Will nominating guardians is invaluable in such cases. If no one knows what you would have wanted, the Court will decide on the future of your children, and it may not be what your or your children would have wished.
If You Are Retired
Maybe you made a Will a long time ago. It probably needs updating to include additional grandchildren or deletion of persons you no longer feel you wish to leave anything to.
A Last Thought
Through A Will your assets can be protected in many ways such as false claimants, wayward children, divorcing spouse, the proliferation of a surviving spouse, asset protection of the home can be included Trusts too numerous to mention can be constructed to protect the family wealth, There is no excuse for not having a will professionally written, as they are affordable and all members will be pleased to offer a home visit will writing service.
By using an Academy member all the above problems, and more, will be solved.
Using a will-writer, who is not a member, may be hazardous to your wealth.