Why make a will?
For most people, what happens to their property and family when they die is a matter of importance, but others fear making a Will as if to do so would somehow tempt providence. More commonly, people die without having made a Will because they have just not got round to it.
Here are some very good reasons as to why you should make a Will:
- To gain peace of mind
- You can put your affairs in order and leave clear instructions to provide for your spouse or civil partner and family to avoid disputes within the family
- You can choose who should be your Executors and set out what sort of funeral you would like
- You can make proper financial arrangements for your children if they are under 18 at the date of your death, as well as appointing a Guardian to look after them
- To reduce or eliminate inheritance tax (IHT). Properly made wills can frequently save tens of thousands of pounds of IHT
- To make special provisions for children who may have health, matrimonial or financial problems, thereby ensuring that the wrong people do not get their hands on your money
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