Everything you need to know about writing your will

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Fail to write a will and, when you die, there could be some unwanted chaos for the people you leave behind. Your partner would not automatically inherit anything from you by right, while there might be capital gains tax or inheritance tax that could otherwise have been avoided. Other issues could include uncertainty over who will look after your children. For these reasons and many others, it can be highly desirable to write a will - and here are several factors to keep in mind for doing so.

Should you really write your own will?

Writing a functional will is actually a much simpler task than you might have long believed. The Money Advice Service explains that, theoretically, you could write your will on some scrap paper. Provided that you properly signed the will as two adult independent witnesses looked on, the document should have legal weight. However, this doesn't make the idea a wise one.

As the terms on most wills generally follow particular rules concerning what they state and in what manner, your will is unlikely to bring confusion if it is penned to these rules. Indeed, these will-writing techniques have been tried and tested, despite the language maybe having the potential to initially come across as peculiar. Being too sloppy with your wording in a will could result in the instructions being disregarded or even the document being deemed legally invalid. Therefore, you could choose to write your will by filling in a standard and commonly-used template.

Writing your own will might not be best for you

The Money Advice Service advises you to only pen your own will should your wishes be rudimentary. For instance, you could be married and eager to leave all of your possessions to your spouse - or your children, should your spouse die before you do. Any wishes more complex than these, however, probably call for you to seek external assistance. Looking for this help would definitely be recommended if, for example, you own property overseas or foreign investments.

If you do decide to enlist external help, you may seriously consider utilising what is known as a will writing service. With this service, a will writer would come to your residence or talk through your needs over the phone. However, generally, the will writing service industry isn't regulated, This is Money warns. Therefore, you would have to tread very carefully if you went down this route. If your will has a mistake that an unregulated such writer has made, the errors wouldn't be noticed until your death - and it would be the beneficiaries who could suffer.

How a solicitor could greatly help you

When you ask a solicitor from our legal firm to write your will, you can take comfort that their service is regulated by the Solicitors Regulatory Authority - or SRA. This service would also be completely insured and backed by the Solicitors Compensation Fund and so protect you, the consumer. Looking for will solicitors in London ? We can help.