Without a Will, your estate will be distributed according to intestacy rules. These default rules can have surprising results, so its important to make a Will – and keep it up to date.
Your Will can include instructions for:
- Funeral arrangements – a Will can be used to outline whether you want to be cremated, and perhaps where your ashes should be scattered.
- Estate distribution – The ‘what, when and how’ of how your estate will be distributed, and who you will appoint to do this.
- Executor/trustee powers – Your Will should include details of any legal arrangements you have put in place (such as Trusts) and the powers you have given to others.
Can I write my own Will?
It is possible to write a Will using a simple form or online Will-writing services. However, as errors are only likely to emerge after it is to too late for you to make changes – for your own and your family’s peace of mind, in nearly all cases it is best to have your Will prepared by a solicitor or professional Will writer.
Later life planning
Without a financial plan, it’s easy to feel overwhelmed and uncertain about your future. As financial advisers, Wren Sterling can help you with your concerns, offering a guiding hand through the complex field of later life advice, and helping you put plans in place to achieve your goals.
Advice from our specialist partners
As Independent Financial Advisers, regulated by the FCA, Wren Sterling is able to advise on all areas of financial advice. However, if our research highlights a need for specialist legal advice, we can refer you to our trusted partners, including accountants, lawyers and tax specialists.