Why You Should Have a Will at Every Stage of Life
The necessity of having a Will in case of our passing is often overlooked by many in the face of relative youth. It is often something people sometimes delay until the later stages of life, where an individual has more holdings and the distribution of their estate without a Will becomes an exponentially greater burden on the loved ones we leave behind.
However, this does not lessen the time and financial expenses incurred on our family when we pass, even in the earlier stages of life. Be it an estate of five thousand or an estate of five million, an individual’s passing requires that certain legal measures be put in place by their next of kin – a process greatly complicated by the lack of a comprehensive Will.
Additionally, the existence of a Will informs your family as to your personal wishes. Without a document stating as such, important decisions such as funeral rites are left entirely up to your next of kin, who may not be privy to a full understanding of your own wishes – even worse, the estate of an individual without a Will is most often distributed according to the Law of Intestacy, which can result in a substantially reduced inheritance for those you wish to leave your possessions to.
With the difficulties incurred by the lack of a Will and the ease of creating one, there really is no reason to delay. Our expert team of Estate Planners can work with you in the creation of a comprehensive, effective will. Contact us today on 0117 214 0228 or via e-mail at info@bristolwillwriting.co.uk for your free consultation and fixed fee quote.
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