Andrew Jack of AMD Solicitors offers important information for anyone about to undertake the task of writing their will, and explains why it is important to seek legal advice before doing so.
Wills and probate are two subjects that nobody really enjoys thinking about, whatever their age, and so they may not be something that you have contemplated in your life up until now. However, it is important to safeguard the future of your possessions and ensure that your wishes are carried out accordingly when the time comes.
With the growth of the internet, there are now more ways than ever before to carry out the writing of your will online, in a ‘do it yourself’ manner. However, we would always encourage people to seek the relevant legal advice before they embark on something as important as writing their will; in order to ensure everything is carried out correctly and you understand each and every step of the process.
Here are a few things you need to know before making your will:
Think About The Things You Solely Own –
You needn’t concern yourself with anything that you jointly own with your partner, as this will naturally be transferred to them anyway. Instead, you should focus on anything big that you solely own, such as a car or personal bank account, as well as little things that may carry sentimental value.
Think Carefully About Guardians And Executors –
A guardian is someone who will take care of your children if anything was to happen to you. This is especially important if you have children under the age of 18 as, without the presence of a nominated guardian, the court could decide to hand custody to someone you would not have chosen. This may feel like a rather big decision to have to make but it’s one that is best made by you as you will ultimately know what’s best for your kids.
Another big decision to make is who will be the person to carry out the acts detailed in your will; in other words, the executor. This person will ensure everything is distributed as per your instructions, whilst also tying up any loose ends; be they financial or practical.
Wills Can Be Changed –
When making out your will, it’s important to remember that it can, and possibly will, be updated throughout your life. If your personal circumstances change, you acquire new possessions, sell old ones, or new people enter your life; these will probably all impact the initial will you have made. In some instances, it may be easier to create a completely different document rather than adjust the current one.
Keep It Safe –
Once completed, you will need to ensure that your will is kept in a safe and easily accessible place. A safety deposit box in the vault of your bank may be safe but it won’t be very practical should you need to make any changes. A small safe at home may be a better option so that other family members know where to find it and you can easily gain entry to it if need be.
At AMD Solicitors, we understand that offering advice at this time requires a delicate and well-judged approach. We will be able to guide you through everything you need to do, as well as informing you of all your options along the way. With our expert legal advice, you will be able to gain the peace of mind that everything has been taken care of effectively and know that your final wishes are legally binding.
If you would like any more information surrounding the writing of your will then why not drop into one of our Bristol offices for a chat with our legal team. Alternatively you can contact Andrew Jack on 0117 9621205 or by emailing email@example.com.