Why is making a Will important?
This pandemic has been devastating especially for our older generation. It has also most probably jerked the memory of many who have not made a will, to do so. We hear depressing daily news about deaths from the COVID-19 virus, yet it may not have occurred to many of us to make a will because of ‘ it won’t happen to me ‘ or I’m fine there is nothing wrong with me’ attitude. This is so wrong as none of us knows what’s going to happen tomorrow.
Everyone should prepare a will
A Will distributes your property to persons you want to inherit after your demise. If you don’t leave a will then your property and other assets will pass under the laws of intestacy, to those perhaps far off relatives or other persons you would not have wanted to benefit from your estate. Sometimes it could go to complete strangers.
What could happen if you die without a will?
If you are married, for example, and you don’t have a will, after your demise, your husband/ wife will inherit most of your property and could marry and he/she could make a will leaving his / her property which will include yours’ to their new wife/ husband, a situation you may never have imagined to take place.
When you make a will, you can also choose your own executors who will handle the legal work for you, appoint guardians for your children, and direct the ultimate ownership of your assets.
Please contact us if you wish advice and assistance concerning making a will or obtaining a grant of probate, an order of the court which gives your executors the authority to distribute your assets.