A will is an important document that you can write up at any point in your life, it is not just about your finances, but about all your final wishes after you pass away. It may feel slightly grim to think about, but it is vital to make sure everything that you want to happen will happen. Here are the eight most important things to consider when writing your will.
Make sure you have your accountant Kent or financial planner’s latest details and add this contact information in the will so financial issues can be dealt with.
List all of your assets, which is everything you own. It may be easier to organise them in to categories and to put an estimated value.
- Special Items
Even if some of your items do not have a significant value but are special to you, include them as well.
- Child Guardianship
If you have young children, it is beneficial to add a chosen individual to be their guardian, with specific instructions for lifestyle, education and values.
Beneficiaries are the people or organisations that will benefit from your will with gifts, property or shares.
You must appoint an executor to carry out the wishes in the will and to manage your estate.
Charities can also be includes as a beneficiary, but be specific about where the gift should go.
Include the instructions for your funeral arrangements and make sure the executor and/or family members are aware of the plans.