Why Make a Will? PDF Print E-mail

Who inherits your possessions when you die?

 

You decide who inherits your money property and possessions. When you die your possessions, money and property is known as your estate. The distribution of your estate will be decided by the law if you choose not the write a will. It is not always the case that your spouse or your children inherit your estate and to avoid heartache it is wise that the ultimate decision is made by yourself.

 

Who becomes your children’s legal guardian?

 

Although it is dreadful to think about you need to ensure that your children are taken care of too. If you do not decide the legal guardian of your children then the courts will decide for you. It is not the case that your spouse will automatically become the legal guardian of your children (if they are not their natural parent) so ensuring that your children are well taken care of is your responsibility.

 

Remember! A will is one of the most important documents you’ll ever own.

 

Do-it-yourself will-writing kits are certainly cheap, but they leave your wishes open to misinterpretation, legal stumbling blocks and disputes.  A professionally drafted will is not expensive, and it is the best way to prevent unnecessary stress, despair and family rifts after your death.  It gives you and your family invaluable benefits – absolute reassurance, confidence and peace of mind.

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Roxburgh Financial Management is an appointed representative of Personal Touch Financial Services Limited, which is authorised and regulated by the Financial Services Authority.

 

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