Wills: The Important Things to Consider


Wills are much more important than people think, yet 60% of the UK adult population still do not have a Will!

Writing a Will forces us to think about our own mortality, which is not something that most of us want to do. This is usually why the task is postponed – as well as people believing that they are not wealthy enough to warrant one in the first place.

Now is the time to stop putting off the inevitable. We will all need a Will one day and putting one in place (with the right advice) is not as difficult as many imagine. It creates peace of mind for you and will likely make things considerably more straightforward for those you leave behind.

Here are some tips and considerations to keep in mind:

Get a professional to do it

You wouldn’t perform surgery if you weren’t a surgeon, so while you may think that it is straightforward, it is best to seek out someone who really knows what they are doing. This will help to avoid any issues in the future.

Make sure you get the right type

Surprisingly, there are different types of Will. Which is the correct one for you will depend on your circumstances, so ask the person who is putting it in place to make sure you have the right kind.

Avoid silly mistakes

Having a professional draw up your Will will ensure that silly mistakes are avoided that could cause complications in the future or could even make your Will invalid. Things such as spelling mistakes are annoying but not disastrous if they don’t change your intentions, but things such as not having two witnesses make your Will completely invalid.

Make Lasting Powers of Attorney

It is all well and good sorting out what happens when you die, but what about sorting things out while you are still alive? Lasting Powers of Attorney allow someone to act on your behalf if you do not have the physical or mental capacity to attend to your own affairs.

There are two different types – one to deal with your property and affairs and one with your health and welfare.

Keep them up to date

There is little point in having a Will if it is not updated with your changing circumstances. Things such as marriage completely invalidate a Will, so be aware of any changes in your life that may mean your Will needs to be changed. If you store your Will with a company they sometimes offer a free rewrite, so if you need to make changes contact them first.

Redwood Financial are always here to help and advise you. Book a meeting with one of our Advisors: Email: info@redwoodfinancial.co.uk or Tel: 01489 877 547

Jasmine Lambert Chartered Financial Planner
Jasmine Lambert

Jasmine is the Managing Director and a Chartered Senior Financial Planner at Redwood Financial. She helps clients manage and grow their wealth and protect their estate. Jasmine also provides expert advice in our FREE Redwood Webinars, where you can learn more about Wills, Trusts and Estate Planning.

Redwood Financial is one of the south’s leading Investments, Pensions, Wills, Trusts & Estate Planning providers and we are dedicated to helping families to grow, protect and enjoy their wealth. With our unrivalled knowledge of Estate Planning, Lasting Powers of Attorney, Probate, Pensions, Savings & Investments, we can advise on any situation.
FREE Public Webinars
Join one of our FREE Public Webinars on Wills, Trusts & Estate Planning.
Contact Us
Do you have a question you would like to ask us? Please complete our website contact form:
This website uses cookies to ensure you get the best experience on our website. See Cookie Policy for info.