8 Common mistakes when writing your Will

Sharing a summary of Lifetime Lawyers’ helpful advice about this, see below some common mistakes which are easily avoidable with the correct advice*

1. Not getting tailored advice – Wills are not a one size fits all and it is important to seek advice to ensure that everything is covered for you.

2. Not being honest – Transparency with your lawyer is key.

3. Not considering both sides of the family – Lots of families are ‘blended’ and it is vital to have the frank discussion over how your estate might be divided upon either/both deaths.

4. Being ambiguous or using confusing language – Ensuring that full names and descriptions are used can avoid potential issues in the future.

5. Not disposing of all assets correctly – To avoid a potential situation of partial intestacy where your estate falls to people you might not have intended to benefit.

6. Assuming your spouse will ‘go first’ – It is essential to consider the possibilities and plan accordingly.

7. Assuming that your children will outlive you – Giving a little more thought and forward-thinking could make all the difference to your family and their future.

8. Not keeping your Will up to date – Reviewing your Will every 3-5 years, or in a change of circumstances, be it personal or financial, is warranted to put your mind at rest that it is still relevant.

*Preparing a Will is a very personal process and getting the correct, tailored advice can make the world of difference. Seeking advice from a friendly and expert Lifetime Lawyer gives you the reassurance that you’ve made the right decision for your family. All our Private Client team are Lifetime Lawyers; contact us on 01243 532777 or email your enquiry to info@owenkenny.co.uk

#WillsAndProbate #LifetimeLawyers #PrivateClient

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