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Will Writing.
Why Make a Will?
Making a will gives you control over what happens to your estate when you pass away. Without one, your estate will be subject to the strict and outdated Rules of Intestacy.
With a Will you can do the following:
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Choose your Executors
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Choose what ages your children and / or grandchildren will inherit
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Record who you want your children’s Guardians to be
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Decide who inherits from your estate
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Record who does not inherit from your estate
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Leave specific gifts, legacies, and charitable donations
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Specify your funeral wishes
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Document your preferences regarding Organ Donation
A Few Will Statistics.
54% of adults in the United Kingdom do not have a Will in place whatsoever.
59% of parents either don’t have a Will, or have a Will in place, which is out of date.
More than 50% of Wills are made by the 50 to 70 years age group. The average age to make a Will is 58.
Women are more likely to make a Will than their male counterparts (51.74%).
The Rules of Intestacy.
Understanding what is often known as a Government Will
Meet Mr & Mrs Singh, and their children Anika and Amir. We've used the Singh family in a simple infographic to help explain The Rules of Intestacy, and how (without a Will in place) your valuable assets can be distributed by the Government, not necessarily how you intended.