Written a Will? If Not, Why Not?
The number of enquiries into Will Writing services has increased considerably over the past decade; however, there are still a very large number of UK residents who have not yet made a Will for a variety of reasons. Many people consider they are too young, or feel that they don’t need to write their last Will and Testament because they don’t yet have a family of their own or any significant assets.
In many cases, people who really should write a Will put the task off because they simply feel the whole process is either morbid or depressing. Many of these same people also feel that because their spouse will by law be entitled to a fair share of their estate should they die, that they do not need to make a Will.
As we all know, circumstances can change very quickly, whether they are our personal life circumstances such as a separation from a partner or spouse, a pregnancy, a lottery win, or changes relating to our health such as a life threatening illness or a serious accident. None of these things we like to contemplate, however all of them could make us wish we’d either made a Will, or made certain changes to an existing Will.
The vast majority of people under 30 years old have not made a Will, regardless of whether they’re a parent or a home owner. For those with young children, it’s especially important to have a Will drafted in order to make some sort of provision for their care should the unthinkable happen. The younger your children are the more important it is to write a Will as any parent knows, they do grow up quickly.
Not having a professionally drafted Will can add unnecessary complications when it comes to dividing up your estate, as can appointing a family member or a beneficiary of ones estate. In many cases, proceedings do run smoothly in such cases; however there have been cases where the appointed executor is also a beneficiary of the will and this has in the past led to needless tensions within the family one leaves behind.
The procrastinators out there can think of numerous reasons why they don’t need to write their Will just yet, however, will writing experts Trust Inheritance can think of many more reasons why one should have their last Will & testament professionally drawn up sooner rather than later. To discuss having your Will professionally drafted by an experienced Will Writer, call Trust Inheritance on 08000 978012, or visit them online at http://www.trustinheritance.co.uk