The current COVID-19 pandemic has brought into stark relief the importance of making a will. Even so, for instance, about half of all adults in the UK still do not have one. While it is the most important for those with children, assets, and businesses, it is critical for anyone who wants to control what happens to their money and property after they die.
Here are three reasons you should work with one of our experts to write a will:
- Have a say in what happens with your assets. In the event that someone dies without first making a will, the law has the ultimate say on what happens with those assets. Unfortunately, this may not always reflect your wishes. If someone dies without any living heirs, their money and property revert to the Crown.
- Take care of your partner. If you are not married to or do not have a civil partnership with your partner, they have little legal footing in the event of your death. A will can prevent your partner from being ousted from their home and left with nothing.
- Prevent worry. Many people avoid making a will specifically because they do not want to think about death. The reality is, however, that making a will can provide you at least a measure of peace. You will never have to worry about what will happen to your loved ones if you die.
- Create your legacy. Beyond ensuring that your loved ones are supported, a will enables you to make sure the causes and non-family individuals you care about are also supported. Any organization you fund during your lifetime will be left without that funding if you do not create a will that specifies your wishes to continue funding them.
Thinking and talking about your own death can be difficult, but when you enlist one of our experienced will experts, it will be as fast, easy, and painless as possible!
At Capital Associates, we are passionate our clients achieving their financial goals We channel all of the expertise, dedication, and business acumen we’ve developed over many years into providing an exceptional range of wealth management services.