The Importance of making a will

There’s a common assumption that everything will automatically go to your partner or next of kin but it’s often not that simple, especially if you have children or are not married.

If you want to be sure your wishes will be met after you die, then a will is vital.

Here’s why it’s so important to make a will…

To provide for your family

Although it’s hard for families to talk about death, talking about your will can save everyone a lot of worry. Deciding who you want to leave your possessions to can help you make sure they go to the people you want them to go to.

To avoid disputes between relatives

Disputes over wills can cause arguments among family members and may even warrant the need (and cost) of a solicitor to resolve them. Leaving a will should remove any doubt about who you want to leave your estate to.

To protect your assets for future generations

A will can ensure that assets are kept within the family and are passed on down the generations. Many people are concerned that new spouses or second families will inherit their assets in the future, and a well-structured will can help prevent this.

To save on Inheritance Tax

With a carefully-planned will, you can also cut the Inheritance Tax bill on your estate after your death.