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Home » Finance » Its important making a Will

markhincks@live.com
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Its important making a Will

Submitted by markhincks@live.com
Wed, 15 Jul 2009

Wills are very important legal documents. Everyone should be advised that making a will is something that should be done to avoid any issues when you die.

As a Solicitor I hear every excuse under the sun as to why people aren't making a will. The most common is the belief that "once we make our Wills we will die". Making a Will does not bring forward mortality it just means that you will are prepared and have everything in place in the event of your death, so that your family or relatives do not have to dispute your estate.

Other reasons people come up with are:-

" We do not have the time to begin making a Will. Making a Will is very simple and can be extremely quick and easy. There is no need to put it off because of lack of time, it can take a matter of minutes to write your will. Wills can be prepared very quickly and efficiently by Solicitors. Alternatively there are solutions for online Wills which are very cheap and easy to use.
" We cannot afford to start making a Will. It is not expensive making a Will. Solicitors usually charge about £100.00 - £150.00 for mirror Wills. Alternatively online Wills can be obtained as cheaply as £30.00.
" We don't have anyone to leave our money to. Most people can think of someone to leave their money to even if it is a distant relative. Alternatively people making a Will can leave their money to charities which is better than leaving money to the Crown (the ultimate recipient) where people do not make Wills and there are absolutely no beneficiaries. If you do not make a will your estate is dealt with by the courts
" We don't have any money. Most people do have money or assets which justify making a will. People often forget the value of their properties. It is important to remember that where people die without making a Will their assets and money do not always go to the people they believe will benefit.

 

I have a blog which highlights the importance of Will writing and covers the reasons as to why one should write a Will. It was stated that over 70% of the UK population do not have a Will, therefore i set out to create a source of information online to assist those that do not have a Will and point the reasons as to why you should write a Will.


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