Wills

Make the difficult times a little easier.

What is a Will?
A Will is a legal document in which a person states what they would like to happen to their money and possessions after their death. A Will normally covers bank accounts, investments, your home and your personal possessions, as well as making your funeral wishes known. A Will makes sorting out your affairs easier and clearer for your family. It allows you flexibility in deciding who will look after your children in the event of your death and who would manage the Estate on their behalf until they reach the age of financial independence.

A Will can also offer some protection against the risk of your children being disinherited after your death in the event of your spouse remarrying. It also means you are the one making choices about who you leave money, property and other possessions to, instead of leaving it to the State to decide. If you don’t have a Will, your Estate will fall under the rules of Intestacy. This means that you risk losing control of where your hard earned monies will go after your demise, and it is possible that part of your Estate will go to the state.
The above information has been taken from AdviserWill.com website

When should you start thinking about the will?

It is best to start thinking about a will writing as soon as you acquire some assets (like house) or have a child of your own. If you do not state in your will who will be the legal guardian of your underage children then they could be taken away by social services, put in foster care where they would wait for the court to choose a guardian for them.

It is never too early to have a will written. It can always be amended should your circumstances change.

Omega Financial Brokers is committed to providing a range of financial services for all of our clients via our associates. Wills service is not regulated by the Financial Conduct Authority. Omega Financial Brokers are not will writer, we refer this into 3rd party organisation.