Don’t miss Free Wills Month this October
The Free Wills Month campaign works with a group of charities to give people aged 55 and over the chance to have their wills drafted or updated at no cost by solicitors across the UK.
Having an up-to-date will is just one of the ways that you can be sure that people and causes you care about are protected after you die.
A will lets you choose where your money, assets and property should go to when you die.
Benefits of a will
- Prevents family conflict. Having a document that clearly outlines the distribution of your assets could reduce potential disputes among family members.
- Safeguards children. It allows you to designate guardians for your children, ensuring they are cared for by trusted individuals.
- Reduces Inheritance Tax. Effectively planning for the time you die can lower the taxes your estate may owe.
- Allows you to choose an executor. You can choose someone to manage your affairs when you die.
- Simplifies probate. Promotes a quicker and more efficient settlement of your wealth.
- Includes digital assets. Ensures your digital assets, such as online accounts and purchases, are accounted for so that nothing is missed and everything can be distributed the way you want
- Offers peace of mind. Provides reassurance to your family during a difficult time by having your wishes clearly documented.