Why Make a Will?
Here are a few reasons for writing a will
- To ensure your children, step-children and grandchildren inherit.
- To appoint guardians to look after minor children.
- To leave a gift to family or friends.
- To make the process of probate easier for your beneficiaries.
- To appoint those who will deal with your estate (executors) reducing the risk of family disagreements.
- To have peace of mind knowing that your wishes will be carried out.
- To ensure those you wish to disinherit do not benefit from your estate.
- To prevent your family home being sold to pay for nursing home fees.
- To ensure a disabled child or family member receives an income from your estate without it being used to pay or care costs.
- To ensure your business passes to the people you choose.
- To give a child, partner or parent that lives with you the right to continue living in your home after your death.
- To donate a gift to your favorite charity.
- To ensure your (unmarried) partner inherits your estate.
- To make your funeral wishes known.
- To ensure pets are cared for.
- To ensure your wife or civil partner fully benefit from your estate if you wish them to inherit in excess of the ‘intestacy threshold’ of £250,000.