Posted on 18.8.15 by Tasoula Addison
If you are worried about being will-less, you’re not alone! Recent reports have shown that around 66% of adults in the UK – that’s perhaps as many as 30-35 million adults – have not planned for the future of their loved ones. Without a will, the government will handle your estate.
Although we don’t want to dwell too much on this topic, making a will isn’t something you should put off. Being a parent is a 24/7 job with a mountain of work, not much rest and not many holidays. Nevertheless, there is one vital facet that makes this unique job worth it: bringing a child into this world to cherish, raise and educate. Having an expert draw up your will ensures your unwavering care continues.
The positive power of a Will
It is undoubtedly clear that children play an enormous role in every decision a parent makes in their life, no matter how big or small. In a recent study by leading North West law firm, Gorvins Solicitors, 61% of adults said they would leave their assets to their children. How your children will be looked after and by whom was found as the greatest trigger for parents to make a will (41%).
The positive feature of making a will is that it gives you the control over these two crucial aspects: who looks after your offspring and what assets of yours they will receive. A will allows you to appoint a legal guardian, which also ensures that their welfare is truly looked after if the worst should happen to you. You can still make a positive impact on the life you created even if you are not here.
When should you make a Will?
A lack of energy, finances and time are often reasons cited for putting off your Will. There is no better time to plan for your future and make such vital decisions when you’re in good health and not under duress from a negative situation. Sometimes people put off making a will due to a lack of time, energy and finances, but really there are few document which hold as much importance. You can put your thoughts and desires into action to give yourself total peace of mind for a more positive future.
Planning for the future now and expending a relatively small amount of money may save your family a lot more money, time and heartache in the future. A recent survey showed that UK parents are set to collectively spend £11 billion this summer on trips, breaks, treats and gifts. This equates to over £1,400 per family- so what is a few more pounds on top of this?
It is in everyone’s best interest to put your plan for the future into place now.
What are my options?
There are many options for you to make a Will: utilising a solicitor is the only way to deal with committed, regulated and legally qualified experts.
A story emerged recently of how a daughter lost out on half of a London home. Her father fully intended for his daughter to benefit from his lifetime of work, but unfortunately she missed out after a mistake was made by a well-known high street bank who provide a will writing service.
There is nothing more important than providing for your family and giving them the best future possible. Many families have a much different make-up nowadays in comparison to the traditional nuclear family of yesteryear. Unmarried couples do not have the same legal rights as those who are married. Similarly, neither do step-children and other more complex family scenarios. The only way to ensure your assets and estate are divided the way you want, is to make a will.
Making a will is just one aspect of being a compassionate, accountable parent. It enables the authority to be brought back into your hands to look after the ones you have invested your love into.
At Gorvins we provide the personal service you want. Our STEP qualified solicitors will ensure every last detail is accounted for and that you receive quality advice.
Making a will is not an arduous task and can be done in a couple of simple steps. Take the weight off your mind and give Gorvins a call today on 0161 930 5117. You can also email us at email@example.com or fill in short online form and one of our solicitors will get in touch with you.