Perhaps you have been thinking for a while about making wills but have never quite found the time to get around to it; here are 10 Benefits that you will immediately get.
1. Children
If you die and don’t nominate guardians for your children who are under the age of 18 then the local Social Services and the Courts will do it for you.
2. Protect Your Spouse/Civil Partner
If you wish to ensure that your spouse receives what you actually want to leave to them and not have to rely on current government legislation – making wills documents your wishes.
3. Unmarried Couples
It doesn’t matter how long you may have been living with your partner, in law nothing will automatically pass to them.
4. Divorced?
How would you feel if assets ended up in the hands of their new spouse?
5. Separation
For those that have separated but not yet divorced there can be a nasty sting in the tail.
6. Pets
Most pet owners are very attached to their pets and want to have the peace of mind of knowing what would happen to the “family friend” after they have gone. Making wills removes that nagging worry.
7. Property
This will mean that all of the value will be passed on intact to your family.
8. Funeral Plans
A lot of people have very specific wishes about how they want their funeral to be conducted.
9. Small businesses
If it is your business partner that dies it will ensure that you don’t have to liquidate your business to pay their beneficiaries.
10. Living Wills
If you are of unsound mind or unconscious and not able to make your wishes known to the medical profession they have no way of knowing what treatments – if any – that you may not want to receive. Making a living will removes that doubt.
Making Wills
Probably about the most important thing that you have been “getting around to ” for years..