Making a will is something that a lot of people put off or think they will get around to doing when they are older. Thinking about death is something that a lot of people are not comfortable with, but making a will is extremely important, and is certainly not something that you should put off, as nobody knows what is around the corner.
It is possible to write your own basic will, but it can be better to go to a professional such as this Will writing Cheltenham company specialising in Wills Cheltenham. This is particularly important where children and property are involved.
Here are some of the most important reasons for why you should make a will…
Financially Providing for Children – If the worst were to happen you could ensure that money was set aside for things like future education or the deposit for a first house for your kids. You can also put money into trust, so that they can access it at a certain age.
Naming a Guardian – As well as financially, a will also means that if you were to die you name who will then become the legal guardian of your children. This is important as if there is no named guardian, it may be a matter for the family court, and they may not choose a person you would want as a guardian.
Taking Care of Pets – As well as children, the care of our pets is important too, and sadly many people pass away and their pets are taken into rescue. Thinking about who you want to take your pets and naming them in your will is important and will prevent this from happening.