A Family Will – What You Can State

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You probably know that you should write a will, and this means that it might be something that is right at the front of your mind at the moment. If you have never had any kind of experience of writing a will before, then there is a good chance that you’re not entirely sure of exactly what you can do, and what you could state in the terms of your will. We have put together some examples of what can be done, meaning that you can think carefully about exactly what you might like to put in place.

Who will inherit your estate

This is the most important thing to think about when making a will, as your estate is almost certainly the most valuable thing that you will own. You will be able to state the order of importance for people inheriting your estate, and also how much of your estate each person will inherit. This is something that, if not specified, could be contested, so you should make sure you are as specific as you can possibly be.

Leave gifts for both loved ones and charities

If you are looking to leave cash gifts to people, then your will is a good place to specify this. For example, you may not want to leave huge amounts of money to certain family members, or allow them to inherit your estate, but you may want to leave them something to help them a little bit, and leaving a gift in your will is the best thing to do with this in mind.

Decide who will have guardianship of your children

When you pass away, if your children are still young then you will need to think about who is going to have guardianship over them. If you don’t write this in your will, then there is a chance that someone in the family would take care of them who you wouldn’t be happy about, or they may even be taken into care – which is obviously something that you would want to avoid if possible.

State who will inherit specific belongings

Although the majority of your belongings will simply go to whoever inherits your estate, there is a chance that you will want to leave certain things to certain people, and if you know that you want to do this then you will need to write it into your will. This could include sentimental items, or items of value that you would rather go to a certain person, and having this written into your will means that your wishes will be carried out.

It is always a good idea to give as much detail as you can when making a will, as this means you can be certain that everything will go to where you want it to. This means that you will be able to rest assured that everything has been dealt with, and that everyone will be taken care of when you pass away – leaving you with nothing more to worry about.