(My Original Blog Post: http://www.consilium-ifa.co.uk/blog/financial-news/why-do-i-need-a-will.php)
A will is one of the basic building blocks to effective financial planning. It's an emotive subject as it reminds us that we are only on this planet for a short period of time. Nobody like to think of leaving their loved ones.
A will can help with effective inheritance tax planning and will instruct your executors what should happen to your assets.
If you do not have a will then the rules of intestacy will apply. This can have serious implications to the way your assets are distributed on your death.
It is especially important if you are unmarried and have children, as your partner will not necessarily have an automatic right to your assets.
Reports over the years have indicated that 70% of the UK's populations either do not have a will or that their will is out of date.
If you are considering reviewing your will , we can offer a comprehensive will writing service. We simply take your instruction and arrange for a qualified legal representative to construct the will for you.
If you would like to contact us to discuss your will writing requirements in more depth, please feel free to contact us on 01454 321511. Alternatively you can email via the contact us page of our website.