Making a Will is an important step in securing and providing for your loved ones. Here are three compelling reasons why making a Will is essential:
When setting up an LPA, you have the flexibility to determine how your chosen attorneys will collaborate in decision-making:
Stating Your Wishes
Your Will is your document of instruction, ensuring that your hard-earned assets are distributed according to your desires. By outlining your wishes in a legally binding document, you retain control over who receives what, ensuring that your loved ones are provided for in the manner you intend.
Protecting Your Children
For parents of minor children (children under the age of 18), creating a Will is essential. It allows you to choose guardians who will nurture and care for your children should the unthinkable happen. By handpicking trusted individuals to take on this crucial responsibility, you will have peace of mind knowing that your children will be raised in a loving and supportive environment, guided by your values and beliefs.
Reduce Family Drama
A well-written Will can prevent potential conflicts and disputes among family members. By clearly writing your wishes regarding how your possessions should be divided, you minimise confusion and reduce the likelihood of disagreements.
There are of course many more good reasons for having a Will. We’d be happy to discuss these with you as part of a free initial consultation either by phone, in person or by video conferencing (Zoom / Teams).
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Article written by Chris McCrudden, Solicitor, specialising in LPA Law at our Preston, Lancashire office.
If you’re ready to get started with your Will or need some free initial advice, reach out to us at 01772 37 44 75 or use the calendar below to book an appointment with Chris McCrudden, our expert Wills Law Solicitor.