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Life can be hectic; we understand. However, what could be more crucial than securing control over your future? Recent studies indicate that only 44% of UK adults have created a will, highlighting that many have yet to address this vital, albeit sometimes overwhelming, responsibility.

It is essential to consider that dying without a will means your estate will be distributed according to the ‘intestacy rules’. Consequently, HM Treasury might control the allocation of your assets, potentially not in the manner you would prefer, thereby affecting your loved ones’ futures.

What exactly is a will? A will is a legal document that specifies the distribution of your assets—such as properties, bank accounts, and personal items—after your passing. It outlines the inheritance of your business and investments, if applicable, and offers the possibility to donate to chosen charities.

In essence, a will is the definitive method to ensure that your financial resources, properties, and personal effects benefit the individuals or causes you most care about.

A 2023 report from the National Will Register reveals that 42% of UK adults have not discussed their posthumous asset distribution plans. Notably, among those over 55—those most likely to have a will—30% have not shared their final wishes with anyone.

Procrastination in these matters is common, yet it is imperative not to delay this critical decision. This is where our expertise is invaluable. With such significant stakes, it is crucial to manage your will with precision. Contact us today, and we will guide you to the right resources to create a will that effectively represents your desires and protects the future of your loved ones.

Approved by The Openwork Partnership on 28/5/24

Will writing is not part of the Openwork offering and is offered in our own right. Openwork Limited accept no responsibility for this aspect of our business. Will writing and Lasting Power of Attorneys is not regulated by the Financial Conduct Authority.

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