The Last Will and Testament and why it's important
The notion of anticipating one’s own demise may seem grim, but it is one of the responsibilities of any adult to put together a Last Will and Testament to ensure that our affairs are appropriately organised should the morbid eventuality of our death arise. It is easy to put it off endlessly but the truth is that this can often be the most selfish of impulses, shifting the burden of putting our estates in order onto our survivors.
Recent research conducted by the Dying Matter Coalition showed that only 36% of adults in the UK have a Will, and that 83% of those asked were uncomfortable talking about their dying wishes.
However, making a Will is not something that you should feel apprehensive about – a Will should be seen as a noble and uplifting endeavour, allowing us to appropriately reward our loved ones and ensure that they will not be left in the lurch should the unthinkable happen. Getting the help of a dedicated Will-writing solicitor or service can also help to put you at ease during the process.
Law on the Web’s comprehensive Wills section will teach you all you need to know about the topic, taking you through the processes and procedures in an easily-grasped fashion. You’ll learn why you need a Will and what happens if you die without making a Will (where intestacy laws come into play). You’ll come to understand everything you need to know about the different methods for creating a Will, as well as the different types of Will that might result.
And, if you have already made a Will but have found your situation morphing and mutating around you, we can also advise on changing a Will.
Important knowledge on Living Wills and Lasting Power of Attorney can also be found within our resources – though these are not the same as Wills, they can be just as important when it comes to planning for the future and ensuring that all will be well.
We also go deeper into the issues that can arise from Wills, explaining Inheritance Tax issues and how to minimise your liability, as well as explaining how to set up Trusts.
If you would like further information about the legal issues surrounding Wills, you may want to take a look at our Probate section, which addresses a variety of the most common queries arising when setting the affairs of a deceased person in order, regardless of whether you are an executor, administrator or beneficiary of a Will. It explains how to secure a copy of a Will, the duties of executors and administrators during the Probate process, a full set of contact details for the Probate Offices around the country and much, much more.
You may also find it helpful to read our glossary of terms.
Here at Law on the Web, we understand that planning out your Last Will and Testament can be something of a daunting task, but hopefully our extensive advice and guidance will make it easier to think about the future and organise your affairs appropriately, ensuring you will have peace of mind.
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