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Not the most exciting of subjects but for the vast majority it’s an easy and straightforward thing to do. Once done, everything you own will be dealt with according to your wishes and you can be sure that the arrangements you want for your family and friends after your death will be put in place. Your Will sets out how you wish to distribute your assets, specifying the person or people (your Executors) who will be responsible for ensuring that your wishes are carried out.
You can then leave sums of money to individuals or charities, for instance, or make a gift of a treasured item, such as a piece of jewellery or an item of furniture, perhaps. Then, decide who should receive the bulk of your estate and, if it’s more than one person, consider what percentage of it each one should inherit. If you have young children, you can specify who would look after them and you can set up a Trust Fund for their continued well-being. If you don’t make a Will, your property would be distributed in accordance with certain rules laid down in law (see Laws of Intestacy schematic on reverse), which is most unlikely to reflect your own wishes. Why let that happen? Protect your hard-earned assets and help secure the future for your family or friends. For everyone’s peace of mind, make a Will. Your Will sets out how you wish to distribute your assets, specifying the person or people who will be responsible for ensuring that your wishes are carried out.