A will is a great way to plan financially for your family or loved ones, after you die. It's a legal document that lets you decide what to do with your money, property or possessions.
You may think that you don't need to write a will, as your things will go to your spouse if married. But there's more to think about.
For example, if you've got children, the will can show who you'd like to look after them.
And if you have certain people in mind to leave specific belongings to, you'd like to leave you can put that in your will.
A will should also name your executor or executors. This is the person or people who'll be responsible for your estate. An estate is everything you own: savings, investments, property and any debt.
Depending on your instructions, and what's in your estate, being an executor can be a lot of work. It's important that you choose an executor(s), discuss your decision, and make sure they're comfortable with the job.
Ask a solicitor or accountant to do it if you don't find anyone who feels comfortable. It's important to get independent, legal advice before you do that, though.
The UK government website has more information about how to write your own will, make sure it's legal, and keeping things up to date.
You may want to get independent legal advice when making a will, to make sure that all the instructions are clear, easy to follow and legally binding. If you're interested in using a solicitor, maybe ask friends first if they know anyone, or you can visit the Law Society website.
Our personal customers can benefit from special rates with Irwin Mitchell. They can give advice on how to write a will, probate, sorting out someone's affairs after death, or making a Power of Attorney. No cost will be charged for clicking on the link and enquiring about how Irwin Mitchell can help.