Wills are not just for active service.Hopefully, most of us will live to a ripe old age, but none of us can be sure when we will die.
It is probably the last thing on your mind, if indeed, you have ever given it any thought. The plain and simple fact is, we will all, without exception, die. In life your assets are yours to do with as you please, in death a will, of your making, will determine where your assets will go.
Failure to create a willYour most trusted family member, your closest friend or indeed your beloved pet, can all benefit from a will. However, with the exception of the pet how many times do we hear of bickering amongst siblings and friends, over Assets they are only receiving as a result of someone's death. Have you considered who might benefit as a result of your death? If you co-habit, your assets will not automatically go to your partner. If you do not leave a will, your assets automatically go to your blood relatives. Even in marriage or civil partnership without a will, your assets may not all go to your spouse or partner.
Your security in a willA Will allows you to:-
- Appoint someone to carry out your wishes (your executor) after your death.
- Appoint a guardian for your children.
- Give directions about your funeral.
- Make provisions for your family.
- Take account of second marriages or partners.
Powers of attorneySuppose you lose mental or physical capacity, who looks after your affairs? If you have not made an Lasting Power of Attorney your affairs could well end up under the supervisions of the Court of Protection with all the administrative burden and cost that that involves. Much better to appoint your spouse or children or other people that you trust to avoid those problems.
How do I start?
Call the Forces Law contact number 0845 601 1260 to contact your nearest member who can discuss your situation and draw up a will or Lasting Power of Attorney that reflects your wishes. Your Forces Law Solicitor can also offer advice regarding inheritance tax planning.
Contact our 24hr helpline now 0845 601 1260
or email email@example.com