Five good reasons to make a will and keep it up-to-date
Making a will is something many of us put off. Here are five good reasons why it's is important to make a will and keep it up-to-date.
1. Make sure your wishes are followed
With an up-to-date Will, you can have peace of mind that the people and causes that matter to you have been looked after the way you choose. It’s the only way to make sure your wishes are followed the way you intend.
2. Make it easier on friends and family
A Will makes it much easier for your family and friends to take care of your estate and be sure they’re acting on your wishes. Without a Will, the process can be difficult, stressful and time- consuming.
3. Help to minimise inheritance tax
If you’ve got a Will, it can help reduce the amount of inheritance tax that needs to be paid on your estate.
4. Protect the rights of your partner
If you and your partner aren’t married or in a civil partnership, you don’t have the same automatic rights as those who are married. You can make sure your partner’s looked after by naming them in your Will.
5. Give your assets to the people and causes you love most
Without a Will expressing your wishes, your whole estate could end up belonging to the Crown or government. Write a Will to keep control.