THE IMPORTANCE OF HAVING A WILL
What is Will Writing?
Will writing is an important step to ensure that your family is protected in the event of your death. While you can do it yourself, to ensure your Will is valid, doesn’t contain any errors and is written with the utmost diligence and according to the law, it is recommended that you engage a certified Will Writer, such as a specialist from Certainty Estate Planners, to write your Will for you.
What is an asset?
An asset is a useful or valuable thing, an item of property owned by a person or a company, basically something that has value, such as valuables, possessions or property.
What is a Will?
A Will is a legal document by which a person, who expresses their wishes as to how their property and assets should be distributed at death and names one or more persons, as the executor to manage the estate. The executors have a legal obligation to ensure that the beneficiaries get their entitlement.
Your Will is one of the most important legal documents that you will write in your lifetime. Not only is it important to make sure that your Will is written and complete, but it is also vital that your Will is valid.
If you do not write a Will or if the one that you put in place is invalid, your belongings, including any property, may not go to the people that you had intended to benefit from them. It is not something you should worry about, but it is not something to put off. Get in touch with Certainty today and enjoy peace of mind, safe in the knowledge that your affairs are taken care of.
What is a Mirror Will?
It is common for couples to choose Mirror Wills. Just as the couple’s wishes may mirror one another, their Wills can also mirror one another.
Read about typical questions and details that are needed to prepare your Will.
Dying without a valid Will, intestate
- Your money, property and possessions are shared according to the Law instead of your wishes
- You may create an unnecessary tax bill for your beneficiaries
- Your unmarried partner could get nothing and be made homeless
- Your estate may go to people you would not choose. For example, if you’re separated, your estranged spouse may benefit
- The courts may choose potentially unsuitable guardians for your children
- Your business may be divided up, sold or given to someone you would not choose. This might be your ex-spouse for example
- Dependants needing care may not receive your financial assistance, no matter what your intentions
- Others may claim on your estate bringing large expenses, turmoil and lengthy delays.
- Ultimately, your estate may go to the Crown
Do you really want the Law to decide how your belongings are distributed?
Writing a Will is not daunting, it is an essential part of life and it allows you to plan your estate and provide for your family’s future. A Will is also a vital tool used widely for Estate Planning. Certainty ensures that your assets are passed to your intended loved ones.
Can I amend my Will?
Once your Will has been witnessed and signed, you will need to make an official alteration called a codicil. This will need to be witnessed in the same way as the Will. You can make as many codicils as you wish, but for major changes, you should write a new Will.
We can help you ensure that your Will is always revised appropriately and remains valid. In fact, Certainty offers a Free Will Review Service – if you wish to have your Will checked by a professional Will Writer to see if it is up to date, please book your appointment here.
We pride ourselves in our work and offer all our customers a simple, cost-effective and robust service. Working with us you will have peace of mind that you are safe in the knowledge that your affairs are being taken care of and those loved ones are considered in the decision-making process.
If you would like to discuss any of these issues further or would like more information, please call or contact Certainty Estate Planners today, we look forward to speaking to you.