Making a will

The importance of making a will is obvious; it's your money, and you should decide who gets it when you're gone.

It's easy to put off preparing a will, but doing so ensures that your family avoids unnecessary legal and financial problems at what will be a difficult time.

There are many things to consider when writing a will, and although it's possible to write your own, this isn't usually advisable, as even a small mistake could result in the will being invalid.

It's best to enlist the help of a specialist when preparing your will, to ensure that all the necessary legal formalities are observed that will make your will legally valid. Seeking expert advice can also help you minimise the portion of your estate that is paid as inheritance tax on your death.

 

Top tips

  • thisismoney.co.uk has teamed up with a firm of will writers to offer a professional, affordable will-writing service.

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