Will Writing with Martin Lewis
Making a Will:
A Will is a legal document that outlines your wishes for your assets and property after you die. It ensures your loved ones are taken care of and your wishes are respected.
Why is it important?
- Having a Will can help to avoid family disputes about how your assets should be distributed.
- It can also reduce the amount of inheritance tax that your loved ones have to pay.
- A Will can also specify your wishes for your funeral and other arrangements.
Martin Lewis' Advice on Will Writing:
- Don't put it off: It's never too early to write a Will.
- Get professional advice: A solicitor can help you to ensure your Will is legally valid and reflects your wishes.
- Keep it updated: Your Will should be reviewed regularly to reflect any changes in your circumstances.
Where to Find More Information:
- Martin Lewis' website: https://www.moneysavingexpert.com/family/free-cheap-wills/
- The Society of Trust and Estate Practitioners (STEP): https://www.step.org/
- The Citizens Advice Bureau: https://www.citizensadvice.org.uk/
Will Writing Services:
There are a number of companies that offer Will writing services. Some of these companies offer free or low-cost Wills, while others charge a fee.
It's important to compare different companies before choosing one to write your Will.
Here are some things to consider when choosing a Will writing service:
- The cost: Some companies offer free or low-cost Wills, while others charge a fee.
- The level of service: Some companies offer a basic Will writing service, while others offer a more comprehensive service that includes advice on inheritance tax and other legal matters.
- The company's reputation: It's important to choose a company with a good reputation.
Writing a Will is an important task that should not be put off. By following Martin Lewis' advice and getting professional help, you can ensure your Will is legally valid and reflects your wishes.
