4 key reasons to make a Will
PUBLISHED: 15:15 17 October 2019
Do you have an up-to-date Will that reflects your wishes for the future? According to leading law firm, Coffin Mew, it's never too early or too late to think about writing your Will and yet it's still a crucial job that many of us are putting off.
Senior Associate, Simon Berry reveals four defining moments in your life where a Will can save you and your family from missing out if the worst happens.
Buying your first home
A home is one of the biggest purchases you'll make in your lifetime. "Creating a Will that confirms the rights of ownership for your property enables you to safeguard your family's future and also ensure that an unmarried partner can benefit upon your death," Simon explained.
Getting married - whether it's the first time down the aisle or the third
On the day of 'I do,' some important promises are made. According to Simon, being married doesn't mean your spouse will automatically inherit your entire assets. "If you want to be certain of what you share with your partner, it's best to leave nothing to chance and draw up a Will that reflects your wishes," he said.
Starting a family
Watching a young life grow is a life-changing experience and you'll be dedicated to making sure your child is safe and cared for - that includes outlining your wishes for their care and financial security in your Will.
When plans change or one of life's curveballs comes your way
If you already have a Will it's easy to forget about it. But it is good practice to review it every few years, particularly if you have a marriage breakdown or a major change in your circumstances. Simon advises that whilst it can be a sensitive and difficult decision to update or change your will, it's really important to keep it as current as possible as 'there's no point having an outdated Will.' The team at Coffin Mew can help to make this process simple and easy for you.
Coffin Mew is a straight-talking, commercial and responsive law firm with offices across the South and Thames Valley. They provide tailored and personal legal advice to businesses and private clients to help protect their business, assets and families.
Connect with a member of their team today by calling 0333 000 0041, email email@example.com or visit www.coffinmew.co.uk to discover how they can help you during the most important moments in your life.