Naturally, many people don’t like to think about or discuss the subject of death, but it is inevitable and the better prepared for it we are the better. And not only for ourselves, but also for those we care about. It’s important to realise that making a will isn’t so much for ourselves as it’s more for those whom we love and care about.
With that in mind, have you made a will? If you haven’t, why not? Here are a few of the many benefits to writing a will today. Not tomorrow, but today. After all, who knows when their time is up?
Wills Protect Dependents
First and foremost, wills protect our dependents, those we love most, our partners and spouses, our children, and is often the case, our parents who are reliant on us for financial support. Making sure your dependents are protected by a legally valid will is very important and not something that anyone can afford to leave to chance.
While they’re likely to be covered by the law even if you don’t leave a will, not having a will makes the process of distributing your estate easier and quicker, which means they’re not left in the dark until the will is settled. Making a will in Kent is easy, so don’t take any unnecessary chances with your family’s wellbeing, get in touch with a solicitor and book an appointment to make a will with their assistance.
Distribute Your Estate How You Intend
If you don’t make a will, your estate may be distributed in a manner that you wouldn’t approve of. For example, if you weren’t planning to leave anything to family, but instead want to leave your estate to a de facto partner or distribute it amongst your closest friends, there’s a good chance that wouldn’t happen because your estate would be distributed according to the law. This means it would go to your immediate family and not your partner or friends.
To make sure your will is distributed in accordance with your wishes, don’t procrastinate and leave it until later, make an appointment with a legal professional and draw up a will today. It’s the only way.
Pay Less Inheritance Tax
Another important reason, one which has proven the impetus many people require to make a will, is that you can reduce the amount of inheritance tax paid on your estate. It may not be a significant amount of money that’s saved, but then again it could be, but what’s important here is making sure your family and friends get what you intend them to receive and that minimal inheritance tax is paid.
In conclusion, there are many benefits to making a will today, including protecting your dependents and loved ones, having your estate distributed according to your wishes and paying less inheritance tax, something that we all need to work at avoiding if our loved ones are to get what we intend them to receive. Why not get in contact with a local will making agency and have a will made today?