Making a Will
It is very easy to put off making a Will and many people do, as it is not compulsory by law. However, making a Will is actually very important and can be very straightforward to do. It isn’t frightening or difficult and it gives you peace of mind as to what happens to your assets when you pass away.
You get to choose who to leave your assets to, instead of letting the government decide under the Intestacy Rules. You can make sure your property, belongings, pets, cash assets and anything else you own is left to who you want it to be left to.
You can appoint legal guardians for your children and set up trust funds for them, make sure that your funeral wishes are carried out, leave belongings and property to friends and family, give to a charity that is close to your heart and make sure pets are cared for. You can also choose who you want to manage your affairs after you have gone. Another very important reason for making a Will is that it will ease any difficulties for those you have left behind at an already distressing time. They will know exactly what you want and what you want to happen, removing some stress and anxiety.
On the last week of August, Binghams Solicitors offered a Free Will Week. We were inundated and we helped many people have their Wills prepared for no charge.