Title: Last Will and Testament - Perfect Guide for you and your Loved one’s
1Will Perfect Guide for you and your Loved ones
2Why Is It Important To Make a Will?
- Looking after your loved once.
- Protecting your assets for future generations
- Avoiding disputes
- Your funeral
- Saving on Inheritance Tax
3What Happens If You Doesnt Make Will?
- If you dont make a will, in legal terms you will
die intestate and your estate may not go to the
people you intended. - If you have a spouse or civil partner, and do not
have children, your spouse or civil partner will
inherit your whole estate which will include your
personal possessions.
4How To Make A Will
Following are the points that comes under this
process
- Make your own will
- Professional will writer
- Solicitors
- Charities
- Banks
5What to Include in the Will?
You should make sure that its absolutely clear
what you want to happen to your whole
estate. You can make specific gifts to
particular people and then state where the
residue of the estate (any property or money left
over. Who you leave money to might affect
whether or not you need to pay Inheritance Tax.
6Signing a Will
You must sign your will in the presence of two
independent witnesses, who must then also sign it
in your presence so all three people should be
in the room It is very important to make sure
that beneficiaries of the will, their spouses or
civil partners.
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