Not a Nice thing to think about but we all know Making a will is very important

26 March 2015 - Which Way To Pay

    



As we all know its not nice to have to think about when your gone , but when it comes to our loved ones and assets . We all know that this is depending on what's in our will.

When it comes to making sure that everything is in place when its your time to move on , we all need to know that our loved ones are looked after , and also the assets we have got that have been most of the time , worked for over many years are being dealt with correctly and fairly.

Here is some advice tips on why everyone should have a will made.

  • If a person is to pass away and no will has been made there are particular rules that fall straight into place , with regards to money , possessions and many other things. This may not be the way you want your money and possessions to be left.
  • Unmarried partners without a registered civil partnership cannot inherit from each other if there has been no will made. Therefore is you have purchased things like property and many other things , and no will has been made this can affect the partner involved.
  • Inheritance tax can be a major worry for everyone as this can be reduced by a substantial amount if a will is in place. This will help to work out the inheritance tax that needs paying should this happen.
  • If circumstances do change after the will has been made , you must make the will writer aware of his as can affect the possessions and assets being left to the people within your will.
  • If you have children when making a will , you need to make sure that arrangements for the children can be made if one or both parents pass away.

As we all know its not a nice thing to thing about but lets face it , we all have to do it . When it comes to writing your will , there are many different people available to help assist you with this.

Most people choose to do this with a solicitor or have a solicitor witness this . They only advise this as it is a very important document and need to be correct and follow all the correct procedures.

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