While contemplating our own mortality isn’t exactly a favourite pastime, having a valid will is crucial for everyone, regardless of age or wealth. It’s not just about dividing up your possessions; it’s about ensuring your wishes are respected and your loved ones are protected after you’re gone. 

Why is a will so important? 

• Control: A will gives you the power to decide exactly how your assets – your property, money, possessions – are distributed. Without one, these decisions are left to state laws, which may not align with your intentions. 

• Peace of mind: Knowing you have a will in place provides peace of mind for both you and your loved ones. It ensures your family is taken care of financially and emotionally during a difficult time. 

• Minimising family conflict: A clearly written will can help prevent disputes and disagreements among family members about your estate. 

• Protecting your children: If you have young children, a will allows you to appoint guardians to care for them in the event of your death. 

• Supporting your values: You can use your will to leave gifts to charities or organisations that are important to you. 

Keeping your will up-to-date 

Life is full of changes – marriage, divorce, the birth of children, the purchase of property. It’s crucial to keep your will updated to reflect these changes and ensure it accurately reflects your current wishes. 

When to review your will: 

• After major life events (marriage, divorce, birth of a child, death of a beneficiary) 

• When your financial situation changes significantly 

• Every few years, as a general rule 

What happens if you die without a will? 

Dying without a valid will is called dying “intestate”. In this situation, state laws determine how your assets are distributed. This can lead to: 

• Unintended consequences: Your assets may not go to the people you would have chosen. 

• Delays and complications: The distribution of your estate can be delayed and more complex, adding stress to your grieving family. 

• Increased costs: Legal and administrative costs may be higher. 

• Family conflict: Disputes may arise among family members about the distribution of your assets. 

Don’t delay, create your will today! 

Creating a will is a straightforward process. You can: 

• DIY will kits: These are available online or at newsagencies, but it’s important to ensure they meet legal requirements and are robust enough should it be challenged through the legal system. 

• See a solicitor: A solicitor can provide expert advice and ensure your will is legally sound. 

• Use a will-writing service: These services offer a more affordable option than a solicitor. 

A will is a gift to your loved ones 

Think of your will as a final gift to your loved ones. It provides clarity, security, and peace of mind during a difficult time. Don’t leave these important decisions to chance – take control and create your will today. 

This blog post is intended for general information purposes only and does not constitute legal advice. It is essential to seek personalised advice from a qualified legal professional to ensure the information is appropriate to your individual circumstances.