Making a Will is a hugely important thing to do, no matter how young, fit and healthy you are. It can make a huge difference to the loved ones you leave behind, avoiding any complications, disputes or confusion and also allows you to have your wishes fulfilled after your death.
Once you have decided that it is time to make your Will, you really need to think about what you want to include in it. You can think about who you would like to include and also any charities you may want to leave some money to, however there are certain things that need to be included so that the Will is valid.
Things To Consider When Making A Will
Image by Ken Mayer
When you do come to making your Will you should think about:
- Legal Guardians – having children under the age of 18 will mean that you need to consider who you would like to look them should both you and your partner die at the same time. Before adding legal guardians to your Will, you should talk to the person or people you are wanting to nominate to check that they are happy to take on the responsibility.
- Who will benefit? – most people who have children will make a straight forward Will which leaves everything to their children, but you may not want to do this. You can divide your estate any way you wish, and your Will is your opportunity to make sure that your wishes are carried out. If you do not leave a Will, your estate will be divided as the law dictates and this may not match what you want. If you do leave people out from your Will, you may want to explain the reasons why, as this may stop family arguments and disagreements caused by these exclusions.
- Your Funeral – you may want to stipulate what you want to happen at your funeral. You can decide whether you want to be buried or cremated and even decide what music you want to be played.
- Any previous Wills – you will need to ensure that if you have made a previous Will that you include a clause to revoke any previous Will. If this does not happen, there is a chance that your Will could be challenged.
- Witnesses – you will need to sign your Will in the presence of two witnesses, who will also sign your Will.
This list is a starting place for you know what you should include in your Will and your solicitor will draft this for you so it is legally binding and will not be able to be challenged when you die.
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