We recently had a look at some myths with Lasting Powers of Attorney, so here are 10 common misconceptions about writing a Will as well.
Most people collect a lot of ‘stuff’ over the course of their lives. Some valuable in real monetary terms, and some valuable from a sentimental perspective. Much of these personal possessions fall under the definition of ‘personal chattels’.
If your thinking “its about time I wrote my Will”, read on. And if your thinking, as do the majority, “why should I, there is always tomorrow” then you definitely need to read on.
Avoid intestacy If you die without making a Will, known as dying intestate, then your assets will be distributed according to the rules of intestacy. This will mean that the people you would like to receive your estate may not necessarily inherit it. Appoint executors Executors are the people you choose to carry out your...
‘It’s okay not having a Will as long as you know what will happen without one.’
The Society of Will Writers is a non-profit making self-regulatory organisation whose primary objectives are the advancement, education and ethical standards within the will writing profession.
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