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Options for Writing a Will

Options for Writing a Will Precepts

At a time when many people are staying home, many are thinking of their family matters, in particular what happens to their loved ones in unfortunate circumstances. This period is when their estate and succession plans take centre stage.

However, with the advent of technology, people are likely to take the easy route of doing their Wills online, giving them a false sense of security.

What they do not realise is “If you make any mistakes whilst writing your Will and you don’t realise before you’re able to write a new one, there could be questions regarding your intentions or problems executing your Will when you’ve died. This may result in your estate not being distributed how you  would have liked which could easily cause unnecessary problems and upset for your loved ones during what will undoubtedly be a difficult time.

Given the complexity of modern families, a simple or DIY Will may not be suitable. We always say there is no one-size fits-all when it comes to wills so we recommend in all cases to seek the advice and the services of a professional to ensure that your wishes are correctly recorded.”

At the same time, Wills Disputes are on the rise, with many claims that the Will has failed to make reasonable provisions.

Source: Read more on Who Should Write My Will (Page 6) at the Focus newsletter by the Society of Will Writers

 

This article was first published in our newsletter, The Custodian Issue 14 on Jun, 2020. Click here to access our latest newsletter.

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