Many adults put off making a will. It is almost as if the act of making a will means that they are going to die.
Clearly there is a disconnect here.
Making a will is an important building block in terms of financial planning. At the very least it helps to ensure that what you want to happen in the event of your death actually does happen.
For example you may have strong views about the nature of your funeral service with or indeed without a religious ceremony. The growing popularity of green burials is an example of something that can be catered for in your will.
You may want to ensure that certain of your possessions go to the right people so a valid will might help to avoid family squabbles.
Married couples, particularly those married for a second time and with children from the previous marriage, should take particular care because the laws of intestacy (how the State dictates your estate should be distributed if you die without a valid will) might hold some unwelcome surprises.
The survivor of a married couple will get the personal possessions of the deceased spouse and the first £250,000 of the estate. The rest goes to the children.
This may absolutely not be what was required.
Making a Will does not mean you are going to die! But it does make more sense to die with one.
