Monday, June 26, 2006

Main Reasons to Make a Will

It is all too easy to put off making a will. But if you die without making a will your assets may be distributed according to the law rather than your wishes. Many people think that if you die without making a will your assets go staright to your spouse or partner - this is NOT the case

Not making a will could mean that your spouse/partner receives less, or even that the money goes to family members who may not need it or who you did not intend to receive it.

There are two main reasons (from the "financial" perspective) why you should make a will:-

  1. It will mean that your assets and estate including money and property go to the the people who you intended to receive it.

  2. It is often possible to reduce Inheritance Tax by making a will.
The easiest way to make a will these days is to make a will online

In my opinion the best of the Online Will Writers is TenMinuteWill.co.uk

If you are looking to reduce Inheritance Tax you should consider a Discretionary Trust Will. You can make a Discretionary Trust Will Online here