Now More Than Ever You Need To Ask: Why Do I Need a Will?
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Now more than ever you need to ask: Why do I need a Will?
Because you care.
Because you care for your loved ones and you want to look after them.
And because you will die. Perhaps soon. Perhaps on Friday.
You do not need a Will for yourself. Why not? Because your Will has no legal effect until the moment you have died. Your Will provides for those you love after your death.
Making a Will may be one of the most selfless acts you will ever do in your life.
If you die without a Will – and many people do – you leave your affairs in the lap of the gods. It is even much worse than that. You leave your affairs in the lap of state legislation. Legislation which says who shall inherit your assets and how your estate shall be administered.
If you die without a Will your estate shall be distributed in accordance with the intestacy rules – a “one size fits all” fixed formula. Perhaps the formula does not fit your family’s size. It certainly didn’t fit mine when I was 15 and my father died. It also didn’t fit my two sisters or my stepmother. In fact, it didn’t fit anyone in my family at all.
Don’t leave your loved ones in limbo.
If you care about anybody you must have a Will.
If you care – contact me.
The information in this document represents general information and should not be relied on for your specific circumstances. If you require legal advice and assistance on the matters contained or associated in this document you should contact MMLaw. Please contact Malcolm McColm.
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The content published in this Blog is in the form of academic papers and the opinions expressed herein are generalised. The information provided is for educational purposes, not specific legal advice.
The application of any principles referred to can alter from case to case and accordingly you should seek independent legal advice in respect of your individual circumstances.