The truth is you can get a Will written online for about £10.00 - £15.00, but ask yourself these quick questions;
If the answer to either of these question or even both of these questions is 'probably not' then it's absolutely worth exploring have a Will written professionally.
However, if the answer to the above questions is 'probably yes' then getting an online Will is probably right for you.
But, if you want to know from our extensive experience about why we recommend using a professional Will writing company that doesn't offer an online service, keep reading.
We update all our guides regularly. If you are looking for additional info on Wills and Lasting Power of Attorneys and we haven't got an exact guide that helps you, keep coming back as we update daily.
You have worked hard all your life, you have purchased a house, you have a few investments you might even have property overseas.
Or on the flip side, you might want somebody to inherit your dog.
It doesn't matter what level your estate is sitting at; everybody has something important that they want to leave to somebody important.
Now, what would you rather?
Would you rather the government decide on who your estate is allocated too?
Would you prefer you are responsible for allocating who your estate is assigned too?
For most people, the second option is the preferred option. If you don't get a Will, the government will take responsibility for your estate and allocate as they deem fit.
This is called 'Rules of Intestacy'.
'Rules of Intestacy' essentially means the government will look at your estate, will discuss with people who want to receive a proportion of your estate, usually family and friends. Then the government will make a judgement on who receives what.
Sounds horrible, doesn't it!
We wrote a long and detailed article called 'What's the difference between a Will and LPA (lasting power of attorney) you can read it by clicking here. Within this piece, we discuss 'Rules of Intestacy' in more detail and have some interesting and relevant links.
All of this can be avoided.
By making a Will you are responsible for saying who receives what from your estate, it doesn't matter the size, you are in control, not the pesky government.
So, there we go, the short and simple answer to 'Why are Wills so important'.
Here at Money Savings Advice, we have partnered with one of the UK’s leading Will-writing companies, and they are members of The Society of Will Writers, and they have already helped thousands of our readers get the right Will in place.
Choosing an independent adviser means they won’t recommend a scheme unless they are sure it is in your best interests. Their advice is also regulated by the FCA, which gives you an additional layer of protection.
If you would like to speak to them, click on the button below, answer the very straight forward questions.
How does Money Savings Advice work
Money Savings Advice is an independent editorial company providing detailed information about numerous financial niches with the aim of helping consumers make informed financial decisions. We aim to provide hints, tips and techniques to help you make your money work for you. However, we are not perfect, and we accept no liability if anything we write about goes wrong.
Money Savings Advice is a trading name of RMM Digital Publishing Ltd. Registered trading address, First Floor, 85 Great Portland Street, London, W1W 7LT. Trading in England and Wales, company number 11550143 with data protection number ZA747669.