Why You Should Write A Will

When you make a basic Will, you are effectively handing over a large amount of money when you die. This may not be the best approach as you’re relying on the good intentions of others.

For example, what if you leave all your money to your spouse but they go on to marry someone else? You might not know that marriage cancels their existing Will and intestacy (when you don’t have a Will) would favour their new spouse. This could leave your children disinherited. A Property Trust or Living Trust protects you in such circumstances.

Your family situation could also change. You might fall out with one or more family members or be reconciled with others. Ten years from now, you might choose to make a different Will favouring different people. But what if you die before you have the chance to make a new Will?

Then there are disabled and other vulnerable beneficiaries to think of, who might not be able to look after money. Or how about young adults freshly graduated from college or university. Would you trust them not to squander a large inheritance?

All of these are good reasons to add some protection for your assets after your death. We are here to help and advise on all types and aspects of a property trust

Talk to us about Will Trusts today.