Your will ensures that your preferences about your assets are carried out in the event of your passing.
The idea that wills are just for older people is a widespread one, yet this couldn’t be further from the truth. All ages should value them. You should create a will as soon as you begin to accumulate any possessions.
You have power over how your assets are distributed after death thanks to your will. This includes your house, car, pension, money, and sentimental belongings.
The people you love the most may not always be protected by family law because lives are messy. Wills are especially important when unmarried couples live together, when your family situation has changed, such as with the birth of children, or when your family unit dissolves.
Our property is typically our biggest asset. Therefore, you should ensure that you draught your Will at the time you buy your first property. Then, when needed, it can be updated to reflect any material asset changes. Similar to marriage, divorce, or having children, these events frequently serve as catalysts for change.
It is a misconception that only a solicitor can write a will. This isn’t true. You can write a will yourself or appoint a will specialist.
We have inhouse will writers that can help you write the correct will for you and your family that are Registered with the Association of Professional Will Writers
Your home may be repossessed if you do not keep up repayments on your mortgage or loans secured on it.