Nobody likes to think about death, but it is incredibly important to ensure that your money, property and possessions do pass on to your family when you are no longer around. There are still many people who think that when they die their estate and money will be passed onto their spouse or children, and this is not always the case. This is what makes it so important to make a will and why you should always use a professional wills and probate Cheltenham company such as beesandco.co.uk/our-services/wills-cheltenham/, or one close to your location.
Here are a few things that you will want to think about in preparation for your meeting with your chosen will writing professional to avoid making some of the most common mistakes that are seen in wills.
Who do you want to be included in your will?
One of the main reasons for making a will is to ensure that any money, property or possessions that you have are passed onto your chosen loved ones. In the absence of a will, standard law will dictate where and to whom these will be passed to. It is important to think about who you would like to leave items and money to and how you are going to leave this to them. This could be as a lump sum of money or perhaps places in Trust until the individual reaches a certain age. You can also make provision in your will to have a legacy left to a charity that is close to your heart and in some cases you can even dictate how the charity is to spend this money.
Who do you want to have as executors?
These are the people that you intrust to carry out the wishes contained in your will. For some people this may be a sibling or spouse, whilst others will look to appoint a professional as the executor of their will. This is becoming more and more popular as people do not want to place the pressure of following out the wishes of will on their loved ones who will already be dealing with their own grief in these situations.
Is my Will legal?
This is one of the main reasons that people seek to use the services of a professional will writing company as there are many elements to ensure are included in the will and signatures that need to be sought from a number of individuals to make sure that the will is valid and legal.