A Will gives you choice. You get to choose:
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who will manage the distribution of your estate,
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who will inherit from your estate,
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to benefit charities and other organisations close to your heart
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Your funeral wishes
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who will take care of your children if you die whilst they're still young
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to protect your assets or a vulnerable person
There are so many reasons to do it, so don't delay any further and book your free consultation with Toucan Law so that we can help you leave your legacy and give you ultimate peace of mind knowing that you've done all you can to safeguard your loved ones.
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What is a Will?
Simply put a Will is a legal document which provides instructions on what should happen to your assets (this includes your bank account, your home, your investments and even your personal belongings) when you die. Collectively referred to as your estate.
Your Will allows you to choose the people who will inherit from your estate (your beneficiaries) as well as who should carry out your wishes after you die. These are your executors and it will be their responsibility to ensure that your estate is legally administered and in accordance with your Will. You can also appoint guardians in your Will to look after your children or nominate people to look after your pets, for example.
Can I write my Will myself?
Writing your own will can be risky, especially if you are not familiar with the legal requirements and formalities that must be followed to make a will valid and enforceable. While it is legally possible to write your own will, it is generally recommended to seek the assistance of a qualified Estate Planner.
Do I need a Will?
Everyone over the age of 18 should have a Will in place. If you die without a valid Will the rules of intestacy will apply and your assets will be distributed without any reference to what you may have wanted or even not have wanted.
These rules are very strict and are not geared up for modernday life, they do not take into account any unmarried relationships or stepfamilies for example. Even if you are married this does not necessarily mean that your surviving spouse will automatically inherit everything from you so it is important that you ensure that your wishes are properly documented.
What happens if I don't have a Will when I die?
If you pass away without a valid Will, your estate will be distributed according to intestacy laws. These laws prioritise spouses, civil partners, children, and other close family members, but may not account for individuals or causes important to you. This can result in delays, legal complications, and disagreements among your loved ones, highlighting the importance of having a Will to ensure your wishes are respected. Find our more here: