Wills – Do you have one ?
Posted on 18th March 2020 at 10:53
It is estimated that only one in three of us have a Will in place. That’s a surprising statistic when you consider the implications on those that we love!
Not having a Will means that your next of kin will be faced with additional responsibilities after your death - the responsibility of obtaining the legal right to your estate, of deciding who will receive your assets and most importantly, who will be the guardian of your children.
Intestacy rules are not as straightforward as you might think and inheritance disputes are not uncommon. Without a Will, there is absolutely no guarantee that your intentions and wishes will be implemented as you wish, at a time of immense grief for those that you truly care about.
You can remove a substantial amount of uncertainty from the lives of your loved ones today by making a Will a priority. The process is generally straightforward.
You can also implement some basic long term financial planning that will eliminate, or potentially reduce the amount of inheritance tax that your loved ones pay after your death.
Do you wish to step up and take responsibility for the future of safeguarding your family, their future and the distribution of your Estate?
For a free financial and personal review of your Estate contact Caroline J Maguire, Financial and Trust Consultant on 07950 622375 or via email at email@example.com
Next time I’ll cover some of the most frequently asked questions regarding wills and estate planning
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