So What Is A Will? - Opportunity

By Stan Taylor Written on:




Want to make a start on your will?

Making a will is simple

Making a Will is not about wealth it is about making sure that what you want to happen to your estate does happen. It gives you the opportunity to specify such things as who will administer your estate, who will care for your children and who will receive specific items of your property.


Making a will also gives you the opportunity to include a legacy (a sum of money or a specific object) to a friend or to a favourite charitable cause.

It also provides an opportunity to control the age at which your children receive your money or to make special arrangements for a child with disabilities. If you have children under 18, you can appoint testamentary guardians to take care of them if you should die.

If you make a will before you get married, it will be revoked, by operation of law, on your wedding day.

This happens even if the person who benefits under your will is the person you later marry. If you wish to make a will immediately prior to your marriage, then it needs to include special wording to avoid automatic revocation.


Want to read about - So What Is A Will? - What If I Am Not Worth Anything or Can't I Just Make A Will Online?


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Free Will Sample download

see: Making a will - The Law Society. Please note that will making differs in Scotland and this website currently deals with English laFree Will download

 

Perhaps you might consider taking legal advice from a solicitor about making a will if any of the following apply to your circumstances:

 

  1. A number of people could make a claim on your estate when you pass away because they depend on yourself financially
  2. You want to include a trust in your will (perhaps to provide for children, to save tax, or simply protect your assets in some way after you become deceased)
  3. Your physical and permanent home is not in the UK and / or you are not a British citizen
  4. You live here in the UK but you have additional property abroad
  5. You own all or part of a UK business.
  6.  

see: Making a will - The Law Society. Please note that will making differs in Scotland and this website currently deals with English law.

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