Last Will and Testament Service
A Will (also known as a last Will and Testament) is the term given to a legal document which can be drawn up to deal with your estate after your death. If a person dies without a Will, they are known to have died "intestate" and their estate will be dealt with according to the rules of intestacy.
When preparing a last Will and Testament, you will need the following information to hand:
- Personal details such as name, address, date of birth and place of birth
- Personal details of your spouse or partner if you wish to prepare Mirror Wills
- Details of any previous marriages
- Details of any children or dependants
- Full names and addresses of your chosen executors and trustees. You may also wish to provide details of back up executors in the event that your chosen executors are unable or unwilling to act. At least 2 back up executors are recommended if money is to be held on behalf of children under the age of eighteen
- Full names and addresses of guardians for your children if they are under the age of eighteen
- Whether you would like to leave any gifts of money or property (such as jewellery or other personal items) and if so, the full names and addresses of the beneficiaries
- Who you would like to receive the remainder of your estate
- Whom you would like to receive your residuary estate in the event that your chosen beneficiaries have predeceased you. For example, it is common for spouses to leave their estates to each other in the first instance, with a provision on to children in the event that both spouses have passed away. Some people also like to include back up beneficiaries in the event that the whole family dies simultaneously (often referred to as a disaster scenario)
- At what age you would like minors to inherit. The legal minimum age is 18 however, this can be increased to say 21 or 25
- Whether you would like to include any funeral instructions such as burial or cremation
A Will can also be used to create trusts and life interests depending on your requirements. It is advisable to seek professional legal advice before preparing a Will.
Making a Will is quick and simple with FB Wills Direct Will writing service