|
Questions to
ask yourself when preparing a will...
|
|
|
|
|
|
|
YES / NO
|
|
|
|
-
If you have children aged under 18, it is
usual to appoint guardians to look after them in the event that they
were orphaned. \it is often the practice to appoint brothers or sisters
to act as guardians. Do you have the name and address of the person or
persons chosen?
|
YES
/ NO |
|
|
|
-
You may have some specific gifts such as
jewellery or a painting that you wish to leave to loved ones. If so,
have you prepared a list of such gifts and do you have the names and
addresses of the recipients?
|
YES
/ NO |
|
|
|
-
In the future, if you are unable to act for
yourself due to mental or physical illness, your family would need to go
to court to ask permission to act for you. This is a very lengthy and
expensive process. By granting a Lasting Power of Attorney, you can rest
assured that in the event of your incapacity; your affairs can be looked
after with minimal delay and fuss. Would you like details on a Lasting
Power of Attorney?
|
YES
/ NO |
|
|
|
- Over 100,000 homes are sold each year by
local authorities to pay for the cost of long term care. It is possible
to include a protective trust in your Will which can ensure your share
of the property goes to your family and not the local authority. Would
you like details of such a trust?
|
YES
/ NO |
|
|
|
-
If your spouse or partner remarried after
your death, would you prefer to prevent your share of your property from
passing to their new spouse and thereby disinheriting your children?
|
YES
/ NO |
|
|
|
-
An Advance Medical Directive (Living Will)
allows you to express your wish that in the event of a terminal illness,
you would not wish to be kept alive artificially but would prefer a
natural, painless and dignified end to your life. Such a document is a
very thoughtful gesture since your family will not face the anguish of
making the decision for you. Would you like details of the Advance
Medical Directive?
|
YES
/ NO |
|
|
|
-
Please prepare a breakdown of your assets,
property, investments, life assurance etc. If you have an estate in
excess of £325,000, there may be Inheritance tax payable when you die
but there are ways of minimising the tax. Would you like details of such
schemes?
|
YES
/ NO |
|
|
|
-
It is important to review your Will every
couple of years and make any appropriate alterations. Goodwill's storage
and maintenance service allows you to update your Will as frequently as
you wish, the service also ensures the safe keeping of your documents
and you can be certain that your instructions will eventually be read by
your executors. Would you like details of our storage and maintenance
service?
|
YES
/ NO |
|
Copyright © 2013 Goodwills All
rights reserved
|
|