Penny Bennett  Professional Will Writer at Prosperity Private Wealth.

Penny Bennett

Professional Will Writer at Prosperity Private Wealth.

Professional will writing

Why is it so important to write a Will?

If you don’t have a Will when you die, your money, property and possessions will be shared out according to the law instead of your wishes. This can mean they pass to someone you hadn’t intended – or that someone you want to pass things on to ends up with nothing.

Even if you have the most amicable and close-knit family it’s still very important to make sure that you have written a Will for a number of reasons, here are the top five.

To allocate specific items If you have an asset you should have a Will. It could be any of your possessions from pieces of jewellery, to art work, or family heirlooms. If you would prefer certain individuals to receive certain items from you after your death then it’s important to write a will so that you can make these wishes clear.

To avoid disputes When a loved one passes away emotions are understandably going to be running high and dividing up assets could end in disputes. Make everything easier for your loved ones by making all the decisions about how your assets should be divided up yourself and stating them in your Will so that they don’t have to do it themselves after your death.

To state your funeral wishes It’s a sensitive thing to be thinking about but if you have certain wishes for your funeral then it may be easier to state these in your Will rather than discuss it with your loved ones. The details for your funeral wishes can be as detailed or as a simple as you like.

To appoint guardians for your children If you have children then a Will can be used to appoint guardians for your children in the event of your death. This is extremely important as without your Will stipulating who is to become their guardians the decision would be left down to the courts and social services. By writing a Will you can ensure that your children go to friends or family that can easily provide for them and that you can envisage them living with.

If you’re not married/separated but not divorced If you are not married or if you’re separated but haven’t made the divorce official through the courts yet then making a Will is particularly important. Even if you have been co-habiting with a partner for many years there will not be any automatic transfer of funds to this person without a Will. Anything that was jointly owned would pass to the surviving owner, however any other assets would be passed back to your family. By writing a Will you can specify exactly who is to get what and ensure that your partner gets as much of your assets as you wish.

At PPW we will listen to your wishes and offer advice and guidance every step of the way. Once we have provided you with a quote for the agreed work, the price will be fixed. Our Will writing services are conducted over the phone, by email and post, pre- agreed evenings and weekends are available.

To find out the cost of making your Will

contact our professional Will writer Penny Bennett by email

penny.bennett@prosperityprivatewealth.co.uk

Will Writing is not part of the Intrinsic offering and is offered in our own right. Intrinsic Financial Services accept no responsibility for this aspect of our business.

Will Writing is not regulated by the Financial Conduct Authority.