Making a Will - a professional will writer gives his advice - YouTube

Channel: unknown

[10]
hello I'm rod Fisher and I passionately
[13]
believe that everyone should make a will
[15]
in fact I strongly believe that making
[18]
will should be made compulsory at age 18
[21]
it's estimated that at any time about
[23]
70% of UK adults do not have valid wills
[26]
and I've heard all kinds of excuses for
[29]
not making a will
[30]
I've nothing to leave I'm too young my
[34]
wife or partner gets everything anyway
[36]
it's too complicated I can't decide who
[40]
to leave things to and so on in fact
[42]
none of these reasons are actually true
[44]
it's vital to make a will so just do it
[47]
as a wills and probate specialists I
[50]
seen the horrendous problems faced by
[53]
surviving relatives when someone dies
[55]
without leaving a valid will additional
[58]
worry and stress family arguments severe
[61]
financial problems loss of the family
[63]
home unnecessary costs and even having
[66]
to sue your own children if you're
[70]
living with a partner but not married
[71]
and your partner dies doubter will
[73]
you've no legal claim to their assets
[76]
everything goes to their blood relatives
[78]
and if your partner owned the house
[80]
you'll be left homeless and there's no
[83]
such thing as a common-law partner
[84]
either if you're married with children
[87]
and your spouse dies without a will
[88]
you're only entitled to the first
[91]
250,000 pounds of assets the rest is
[94]
placed in two trusts equal value for
[96]
your children which they'll inherit at
[98]
age 18 you get an income from one trust
[101]
but nothing from the other and no access
[104]
at all to capital and if your house
[106]
alone is worth more than the 250,000
[109]
pound limit there's an immediate problem
[112]
you can end up suing your own children
[114]
in court to borrow some of their
[116]
inheritance for families with young
[118]
children making well is an absolute must
[121]
if both parents die and there's no will
[125]
the court and social services will
[127]
choose guardians for your children and
[129]
while they sort things out they could be
[132]
placed in foster care
[133]
don't assume that your parents brothers
[137]
or sisters will get immediate custody if
[140]
you love your children make a will right
[143]
away by appointing guardians in a will
[145]
you avoid this problem and if you
[148]
children for a previous relationship a
[150]
will is vital to ensure that they
[152]
benefit on your death if your partner
[155]
remarries leaving your assets to their
[157]
new family your children could
[159]
completely lose out wills can also be
[163]
really useful in reducing the impact of
[165]
care fees and inheritance tax on your
[167]
estate for protecting children with
[169]
special needs
[170]
by adding trusts finally a will is an
[174]
essential legal document and it's vital
[176]
to get it right don't try to do it
[178]
yourself what suddenly makes you think
[181]
you're a legal expert and don't be
[184]
tempted by either cheap internet wills
[186]
or bargain will offers in the press both
[189]
of which can often cause problems can
[192]
you really get a properly drafted will
[194]
for just 35 pounds be realistic they
[197]
expect to pay about 120 pounds for a
[200]
basic single well always use a will
[202]
specialist to write your will such as a
[204]
member of the Institute of professional
[207]
will writers all Institute members are
[209]
highly qualified fully insured and
[212]
operate to a strict code of practice
[213]
which is Office of Fair Trading approved
[216]
and remember many solicitors are not
[218]
will specialists despite their claims
[220]
always carefully check out the
[222]
qualification experience of the person
[225]
you use and don't choose on price alone
[227]
so now it's over to you make your will
[231]
without delay you owe it to your loved
[233]
ones why not call us for our free
[236]
information pack on free film Oh 8
[238]
hundred 849 809 5