Last Will and Testament…?

Last Will and Testament…?

Last Will and Testament…?

It seems most us will go without a Will through our 30’s, with only 17% of 35-44 years old in the UK having a Will. Perhaps we don’t feel we have anything to offer our beneficiaries, with mortgages on our properties and maybe an old worthless car. But what about wedding jewellery? Or the watch our grandfather left us? Who will look after the children should something happen to us, and will they have everything they need? Will people know about our incredible Harry Potter themed funeral that we’ve spent time thinking about?

If you step out of the 83% and have your Will drafted, then all these things can be accounted for. You can plan for when there is more equity and savings to create a more substantial legacy, and you can have peace of mind for your young family. It is unlikely that a Will written at this time of your life will be your Last Will and Testament, nor does it have to be. Your life will change, as will your assets, your loved ones and your priorities. The majority of wills are written for people age 55+. We spend a great deal more time talking about how to plan for care home fee’s, and how to lessen the potential inheritance tax bill in these appointments. I haven’t recorded details of a Harry Potter themed funeral for this age bracket yet either. But what is covered is just as important to these clients as the earlier plans are to younger clients. 71% of over 55 years old’s have a will in place, and they do so knowing they can still adjust and amend if they want to.

If you sit in the 35-44 age bracket, would you be shocked to discover your parents hadn’t got their wills in place? Do you think they should be shocked if you hadn’t? Chose a firm who understands the different stages, and can support you throughout, to give you the consistent overall objective: Peace of Mind.

Carson & Hughes, Experts in Peace of Mind – Please get in touch

 

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