DID YOU KNOW: Brits Can Now Secure A Will From The Comfort Of Their Home
| | Katy Sparks – Expert in Savings
Did you know that around 27 million adults in the UK haven’t prepared a will? Even more shocking, 70% of parents with children under 18 haven’t made one either! Don’t be a part of this alarming statistic, as neglecting to prepare a will puts your assets and loved ones at risk.
Why is it important to have a will?
A will is a legally binding document that ensures your wishes are carried out after you pass away. It outlines your instructions for who will inherit your assets and who will take care of your dependents. By having a will, you’ll have peace of mind that your loved ones will be taken care of in the way you want them to be.
What are the benefits of preparing a will?
Firstly, a will allows you to choose who will inherit your assets. This means that you can divide your estate in whatever way you see fit, rather than leaving it up to the law. You can also nominate guardians for your children, trusted executors to carry out your wishes, and provide clarity on where your possessions will go. Preparing a will can also reduce inheritance tax and ensure that you maintain control over your finances.
Don’t let unconventional circumstances hold you back from preparing a will either. If you’re facing the possibility of losing mental capacity or control, a Lasting Power of Attorney (LPA) can be put in place to safeguard your assets. Alternatively, a Living Trust can be used to make the exchange of assets more efficient, bypassing court and legal costs.
Investing in a will is a small, one-time cost that can save you thousands in the future. Don’t delay, start planning for the future today with Quote My Money. We’ll help you compare will writers in your area with just a few simple questions, so you can take control of your assets and protect your loved ones. Click your location on the map below to get a FREE quote and compare deals near you.
«…the cost of having a will drawn up is tiny when you consider the stress it avoids.»
Need A Professional Will? Get A Free Quote From the Comfort of Your Home – Click Your Birth Year Below!