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Why should you make a Will?

There are many different reasons for writing a will, most of which evolve around one central issue - making sure that you have already provided for your family's needs if and when you die. If you write a will, it means that you have some control over how your money and possessions (your 'estate') will be distributed. You can make provisions for those people who are particularly special to you.
Making A Will
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Inheritance Tax Planning

Wills are also useful tools when it comes to avoiding Inheritance Tax (IHT) or at very least reducing it. This has the effect of ensuring that your money goes to whom you want it to go to and NOT the tax man. Effective planning for Inheritance Tax, and its legitimate avoidance, is now more vital than at any time in the past. Making a Will is very possibly the most effective means of dealing with this potential liability.

Take time to make a Will

A legal last Will and testament allows you to appoint someone (an 'Executor') to sort out your estate when you die. More importantly it also enables you to say who will look after your children (their 'guardians') if you and your partner should both die. You can even make provisions for your own funeral arrangements in your Will.

Why now?

Most people do not have a Will. Some people think it's too complicated. Some people think it's expensive (it is not), others put it off until it's too late. Remember, probate gets granted quickly if you have a will, if you do not want to make the same mistake do not delay any longer!



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