If may not be at the top of your list of things to do, it may even seem a little morbid, but writing a last will and testament is something you shouldn’t put off. Digilegal Ltd runs one of the most-respected legal documents services in England and Wales, offering fully legal wills for £29.50 or a pair of wills for £39.50. The site is called Make a Will Online and offers documents that are designed for English and Welsh law.
I guess when you are young it is not something you think about, but you really should make a last will and testament as soon as you own any property of any value, or even when you start to save some money. The older you get, the more you should think about this kind of thing. The great thing is that once you have made your will, you can relax in the knowledge that your loved ones will be provided for if anything should happen to you.
If you die without a valid last will and testament in place, your estate is divided according to a strict set of laws that determine who gets what – this is the same in the USA and in the UK, although the exact line of inheritance varies under the different legal systems. In England and Wales, your legal partner is the first to inherit should anything happen to you, followed by any children (whether “legitimate” or not) and parents. After that, more distant relatives including aunts, uncles and cousins are next in line to inherit. The best way to make sure your possessions go to the people or charities that really matter to you is to have a valid will.
There are some times in your life when you should consider writing or rewriting your will, for example when you get married, buy real estate or have children (particularly the last one).
It is easy to be put off writing a will by the cost of visiting a lawyer, but most people will be fine with a self-prepared document. One advantage of using an online will writing service is that the documents are checked by a will writing expert for any obvious errors. However, if you have a large estate or complex wishes, it is recommended that you visit a lawyer or experienced estate practitioner because they will probably be able to save your family a large portion of inheritance tax through various legal techniques including trusts and gifting.
So, although you may not want to think about it, and it’s probably not something that will need anytime soon, making a will offers peace of mind for you and your loved ones.
As a special offer for readers of therebelchick.com, you can make a single will for just £19.50 by entering the offer code “caerphilly” at the end of the will writing process.