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Don’t Put Off Making A Will

Despite the importance of making a Will and the far-reaching consequences of not having a Will, it tends to be one of the most overlooked legal documents in the UK. In fact recent research from Macmillan Cancer Support reveals that nearly 2 in 3 UK residents (63%) are failing to write a Will and make their final wishes known. This includes 42% of people over the age of 55. There are several reasons why people typically put off making a Will, and equally, there are plenty of good reasons why you should make it a …

WHAT DOES A WILL DO FOR ME?

A will makes it easier for your family or friends to sort everything out when you die. Without a will, the process can be more time consuming and stressful.
If you don’t write a will, everything you own will be shared out in a standard way defined by the law, which isn’t always the way you might want.
A will can help reduce the amount of Inheritance Tax that might be payable on the value of the property and money you leave behind.
Writing a will is especially important if you have children or another family who depend on you financially, or if you want to leave something to people outside your immediate family.

WHAT DOES A LASTING POWER OF ATTORNEY DO FOR ME?

It may be necessary at some stage of your life to consider what would happen in the event you were unable to make decisions for yourself or you become physically unable to deal with your own affairs.
Powers of Attorney can offer a solution to the vast majority of people to enable their family members, friends or a professional person to look after your affairs without causing too much disruption or delays.

www.willsways.org

 

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