Protection for your assets and loved ones is important after you die. Without a will they may be left without any protection and distribution of assets can be complicated. To ensure that those who are close to you are protected and covered in the event of your death, you should consider the creation of a will.
What is a will?
A will is a written legal document that sets out the distribution of your assets and property, according to your wishes, after your death. Having this document written and validated will ensure that your wishes are protected and are followed accordingly. In the event of leaving your children orphaned, it can be used to name a guardian for their protection.
If you do not write a will, the state may oversea the distribution of your assets, so it is vitally important that a will is created to make sure that this does not happen. It will also eliminate any family conflict by making your wishes clear.
What should I include in my will?
You need to include information to clearly identify and clarify the document is your will. The name of an executor should be included, this will be the person who reads the will out and are the people who will deal with the distribution and manage your wishes. This is followed by how you wish for your assets to be distributed and instructions. The names of who will inherit your assets need to be included alongside the instructions.
The will also needs to include who will become the guardian of your children and pets, if any. It can be distressing if the state is involved as they can appoint guardians who you may not deem fit to care for your children.
Advantages of using a solicitor to write a will
Wills can often be bought through stationery shops and just include the paper with spaces for you to fill. Other options include a Will writing service where they can produce a Will based on the information you give them. While these seem straightforward and easy, a badly constructed Will can sometimes cause complications for those left behind. A solicitor can also help you write a will and requesting their services can have some excellent benefits;
Solicitors have the training and experience to help you prepare a Will that can carry out your wishes. They can provide in depth advice on what you need to cover if you are in doubt.
Solicitors are regulated by the Solicitors Regulation Authority have to follow strict guidelines. It is also a point of contact if you are unhappy about any service.
Preparing your will to cover any circumstances is important. A solicitor can help write a will based on a variety of situations including; sharing a property with someone you are not married to and where business is involved.
Solicitors can offer clarity and will help write a will that can be clear for the executor to read and understand. They can advise you on the formalities and rules governing Wills. Other benefits include transparent charges where a Will writing service may add more charges than needed. Contacting a professional Solicitors practice may help give you the peace of mind to leave your loved ones covered after you have gone.
By Harry Price
Harry Price is a talented freelance writer. In his spare time, he plays bass guitar in a rock band.