Today I’m bringing you an infographic created by I Will, a firm of solicitors who specialize in will writing.
I thought this summed up very well the importance of making a will and having it done properly, so I wanted to share it with readers of this blog. It’s quite a long graphic, so please take a little time to scroll down it, and I’ll see you at the other end!
Thanks again to I Will Solicitors (not an affiliate link) for permission to use their graphic. There are some valuable tips in it, not least the advice to use a properly qualified solicitor. In the last few years I have had a couple of experiences when failing to do this has caused problems..
One actually concerned the will of my late partner. We had created mirror wills some years before, using a well-known postal will-writing service. At their suggestion we named the will-writing company as joint executors, as their representative said this meant they would be able to step in and help if required.
Sadly my partner passed away and I then discovered that having the company as a named executor meant I couldn’t have the local solicitor I wanted handle the estate on my behalf. It took several months (and a lot of hassle I could really have done without) to get them to renounce their interest in the will so that my preferred legal firm could take over.
Another instance concerned a family member who passed away earlier this year. I don’t want to go into detail about this, for obvious reasons, but he had used a family friend who ran a will-writing service to create his will. The will was poorly drafted and did not make clear exactly how the estate should be divided up. The result was a bitter dispute between two of the main beneficiaries, which ended with an outcome that was probably far from what he had intended.
So my top tips with wills would be (a) make sure you have one, (b) have it drawn up by a qualified solicitor, and (c) give careful thought to whom you name as executor. For other advice, please refer to the infographic above!
If you have any comments or questions, as ever, please do post them below.