Top 3 Will myths debunked

It may be a little depressing but it’s the only sure thing in life: at some point, we’re all going to die. This makes writing a Will extremely important, as sooner or later, it’s going to come in very useful.

 

Will writing is riddled with myths and misunderstandings, which serve to put many of us off completing this crucial task. Today, we’re going to dispel 3 of the most common myths and show you that making a Will is so much easier than you think.

 

Myth 1: There’s no need to make a Will unless you are rich 

This is one of the most common misconceptions and why many people feel they don’t need a Will. However, a Will is about much more than just what happens to your possessions.

In your Will, you can specify everything from who you would like to be the guardian/s of your children, who you would like to care for your pet and even what your funeral wishes are. Plus, you can include if you would like to donate any money to charity.

 Anyone who dies without a Will - known as dying ‘intestate’ - will no longer have a say about how their estate is distributed, as the rules of intestacy will kick in and it is these rules which will ultimately determine what happens next.

 

Myth 2: Writing a Will takes a long time

The majority of people will be able to write a Will in less than 30 minutes, particularly when using a Will template.

 As long as you are clear about who you would like to inherit your estate, you may even be able to complete your Will in your lunch break at work.

 

Myth 3: You need to pay a solicitor to write your Will 

The perceived expense of making a Will puts many people off ticking this task off their to-do list.

 In fact, there is normally no need to pay for a lawyer to write your Will for you. DIY Will kits cost less than the price of a couple of cinema tickets and can help you to make your Will quickly and simply.

 

Here at LegalPath, our DIY Will Kit, which has been drafted by a fully qualified solicitor, has been designed for those who want to make their Will without the need to obtain specialist legal advice. As well as space to insert the relevant information, we also provide explanatory notes to make the process as simple as possible, plus detailed instructions on how to sign and legally validate your Will.  

Of course, these aren’t the only reasons why people put off making a Will. No-one wants to think about a time when they’re not there anymore, but having a Will can save your loved ones lots of money and time further down the line.