Financial advisers unanimously agree that writing a will is vitally important - many even insist a will should be one of the first things you tackle when it comes to financial planning.
We get it - it’s morbid. Nobody wants to think about falling seriously ill (or worse) - and that’s fair enough. If you’re in denial, you’re not alone: research shows that 59% of the adult population in the UK have yet to write a will. Like it or not though, writing a will is unavoidable and crucial - it lets you decide what happens to your money, property and possessions after your death, and helps protect the lives of loved ones that you leave behind. So stop delaying and get it over and done with - regardless of your age, health or state of finances. It’s that important.
Ok, so you’re ready to rip off the bandaid. Where do you start? Fortunately, for a few hundred pounds, you can get a solicitor to write your will for you. Alternatively, you can use an online DIY- will platform (yep, that’s a thing), which is usually free or less than £50. You can check out all your options here.
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