We spend a great deal of our lives working to provide for ourselves and our families. You might have property in the UK (or overseas), savings, shares, investments as well as your personal possessions. All these assets are collectively known as your “estate”. Making a will ensures that when you die, your estate is shared out according to your wishes.
Everyone should have a will, but it is even more important if you have children, you own property or have investments, savings, insurances policies or own your own business. To make a will, you need to meet with a solicitor who can write it in the correct format.
The solicitor will want to know what you own – the assets you want to include in your will. This could be property, savings, vehicles and more. You also need to decide who you want to recieve your assets. You can allocate different things to different people. You are able to inform loved ones of any wishes for your funeral or burial in your will too.