- Why is a Will Important?
- Who Needs a Will?
- What is an Executor?
- Who can Witness a Will?
- Do Unmarried Couples Need a Will?
- Should I Appoint Guardians for my Children Within my Will?
A will is the only way to ensure that all you own goes to those you wish to inherit and NOT to those you don’t.
If you own anything with anyone – YOU DO!
If you own anything alone and care what happens to it after you die – YOU DO!
An executor is a person(s) names in a will responsible for managing and settling the estate of the person who has died.
The requirements are that a witness to a will must be over 18 years old, not a beneficiary of the will nor married to a beneficiary of the will and cannot be blind. They do not have to be a professional or hold any qualification.
In the UK unmarried couples do not automatically inherit from their deceased partners. Therefore, having a will in place is crucial to clearly outline your wishes. It can cover various assets including money in the bank, pensions and shared property.
Failing to name guardians in your will means the care of your minor children will be decided by the courts.