What Can and Can’t Go in a Will?
This article will explore what aspects can and cannot be included in a will.
When drafting a will, it should include all of the money, other assets and possessions which belong to you and make up your estate, as well as instructions on how they should be distributed. This includes physical and digital property, savings, and any investments, pensions, and so on.
The will should also contain instructions on how and to who you want your estate to be distributed. Without these instructions, your possessions would simply be distributed according to the law giving you no control over the process.
Your will might also contain information on how your children should be cared for, who should be responsible for your estate (the executors), any donations to charity you might want to make, as well as any special requests for funeral arrangements.
Why Use a Solicitor?
Wills are generally straightforward, but many involve complex arrangements or complicated financial affairs like inheritance tax. Navigating these issues, especially on larger estates, is difficult without the help of a qualified solicitor.
Additionally, while it is possible to write a particularly simple will yourself, it is still advisable to seek advice from a solicitor to make sure you have not made any common mistakes that might affect their efficacy and legitimacy.
Will writing is generally a straightforward process with minimal fees involved yet is vitally important and offers valuable peace of mind. To speak to Kee Solicitors about arranging for the distribution of your estate, give us a call today.
