Enable’s IFAs in Bishop’s Stortford know how much time some put into making sure their loved ones will be financially provided for should anything happen to them. If you really want to be sure your wishes will be met after you die it is vitally important that you make a will.
A will is the only way to make sure your savings and possessions go to the people and causes that you care about. It is also the best way of avoiding disputes between relatives some disputes over wills can cause arguments among family members and may even need a solicitor to resolve them. Leaving a will should remove any doubt about who you want to leave your estate to.
It can be very hard to talk to your loved ones about death yet many of us want to make sure our families will be provided for. Making a will and talking about it can save everyone a lot of worry. Deciding who you want to leave your possessions to (your beneficiaries) can help you make sure they go to the people you intended. It can also ensure that assets are kept within the family and are passed on down the generations. Many people are concerned that new spouses or second families will inherit their assets in the future, and a well-structured will can help to prevent this. Making sure you have planned for Inheritance Tax can also be thought through.
Your will can also be the best way to let people know what you want for your funeral, whether you would prefer to be buried or cremated, taking some of the stress away from the family at such times.
Source : Age UK
Issued by: Enable Independent Financial Life Planners
•
25c North Street, Bishops Stortford, Herts CM23 2LD • Telephone:
01279 755950 - Fax: 01279 657339
Enable Independent Financial Life
Planners is a trading style of Enable Independent Limited is authorised
and regulated by the Financial Conduct Authority.
It is important always
to seek independent financial advice before making any decision
regarding your finances. If you would like any assistance, please
contact us.
NOTHING CONTAINED IN THE ARTICLES SHOULD BE CONSIDERED AS
GIVING INDIVIDUAL FINANCIAL ADVICE
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