A will is one of the most important documents that you will ever sign. With a will in place, you can provide the right security to the people who matter most to you and prevent unnecessary stress and legal hassles.
It is not only an instruction as to how your assets are to be distributed, but also may include any last requests that you wish to convey.
How do we know what to include in a last will and testament?
Below is a list of obvious and not so obvious topics to cover in a will.
These are but a few possible ideas of inclusions in your will.
Another aspect is a living will.
A living will, is a separate document that gives advance instructions in the event that you cannot make decisions before death. These could include refusal for certain medical treatments if you become terminal or if you lose the ability to make legal decisions due to illness or accident.
Always make sure that your will is legal and correctly drawn up. You can either get it drawn up by your financial adviser or make use of reputable online wills sites such as deVere’s online wills portal
For complex financial portfolios, it is best to speak to your financial adviser to custom make your will according to your specific needs. [email protected]
Please note, the above is for education purposes only and does not constitute advice. You should always contact your deVere adviser for a personal consultation.
* No liability can be accepted for any actions taken or refrained from being taken, as a result of reading the above.
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