Do I Need A Will?

Posted by Chris Ringham on Oct 5, 2020 10:36:00 AM

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Many people have never made a will - it's something that people often only get around to when they're either ill or advanced in age. And yet, unfortunately, the nature of death is that it often comes without warning. It is always a good idea to have a will, because not only will it give you peace of mind knowing that your possessions will pass on where you want when you die, but also it makes sorting out your estate much easier for your family and friends.

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What Is A Will?

A will is effectively a set of instructions to be followed after your death. A will tells people two things:

  • Who should be in charge of executing your will when you die and organising your estate.
  • Who should inherit your money, property and possessions.
  • Who should be in charge of organising your estate and executing your will when you die.

You can also use your will to make other requests, such as if you wish to be buried or cremated.

Why You Should Consider Making A Will

There are many reasons to make a will even if you're fit and healthy. You will need one eventually, so making a will sooner rather than later is just doing today what you would otherwise have done tomorrow.

When you die, your family and friends will thank you for having made a will. A will makes it much quicker and easier to sort out an estate, and during a difficult period of grief, it's best to ensure the process is as stress-free as possible.

Making a will is also the only way to make sure that your estate is shared the way you want it to be; if you pass without a will, your estate will be shared out in a standard way defined by law regardless of your own wishes or what you might have expressed to the people around you.

You can also use your will to try and reduce the amount of Inheritance Tax that might be paid on your estate. Making a will is particularly important for anyone with dependents, and it's normal for most people to want to make sure that their possessions pass on to their children and grandchildren after death.

How Can Bowsers Help?

If you're thinking of making a will, Bowsers can help. Our professional solicitors and chartered legal executives can help you to draw up a will and make sure everything you want to include is covered. Just get in touch with us for more information and advice about making a will.

The Bowsers Guide To Probate

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Topics: Wills & Probate