A will is the roadmap that lays out your wishes for how your possessions, finances, and even care of loved ones should be handled after you're gone.

 

Why sort it out now?

People often put off writing a will, thinking it's a morbid or unnecessary task. But procrastination can lead to more heartache than bargained for. Here's why:

• Intestacy Chaos: Without a will, the law dictates how your estate is distributed, and it might not align with your wishes. This can lead to confusion, conflict, and even legal battles among loved ones at a time when they should be grieving and supporting each other.
• Protecting Your Loved Ones: A will allows you to appoint guardians for any minor children, ensuring their well-being is prioritized. You can also specify healthcare wishes and financial provisions, giving your loved ones peace of mind knowing your intentions are clear.
• Smoothing the Financial Transition: A will helps expedite the transfer of assets, minimizing delays and potential tax burdens for your beneficiaries. This can be especially crucial when it comes to your property, ensuring a seamless transition to the next generation or designated inheritor.

 

Tailoring Your Will to Your Life

A will isn't a one-size-fits-all document. Your life is unique, and your will should reflect that. Here are some things to consider when drafting your will:

• Life Changes: Regularly review and update your will to reflect changes in your life, such as marriage, divorce, birth of children, or significant asset acquisitions.
• Specific Requests: Do you have prized possessions or sentimental items you want to go to specific individuals? Outline your wishes clearly in your will to avoid any confusion.
• Charitable Giving: If you have philanthropic inclinations, your will can be a powerful tool to leave a lasting legacy and support causes close to your heart.

 

Remember, this is an investment in your loved ones' future and your own peace of mind. So, before you embark on your homeownership journey, take a moment to consider the bigger picture. Having a will in place is just as important as securing the perfect mortgage. It's a simple act that can have a profound impact, ensuring your legacy lives on the way you intended and protecting those you love from unnecessary stress and heartache.

 

 

If you are interested in discussing your will, contact us today on 0345 2185211 or email info@justmortgages.co.uk

 

 

Wills promoted here are not part of The Openwork Partnership offering and are offered in our own right. The Openwork Partnership accept no responsibility for this aspect of our business. These products are not regulated by the Financial Conduct Authority.

Just Mortgages is a trading name of Just Mortgages Direct Ltd, which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.

Approved by The Openwork Partnership on 22/12/2023