How you should choose an executor for your Will

If you are in the process of writing a will then you might be wondering about how to choose an executor. What does an executor do? Your executor is the person who makes sure that your wishes, as set out in your will are carried out and consequently it’s an important position.Very few estates are straightforward and so someone needs to be appointed who can handle all of the administrative tasks that come with carrying out the job.Your executor will need to gather together...

Are you a parent? – this is why you need a will

If you are a parent - whether you’ve just started a family or if you have older children, then you may well be thinking about whether parents really need a will.We can’t emphasise enough that parents need to make sure that they have a legally valid will and that they periodically review their documents and see whether it continues to reflect their wishes. Removing uncertainty When people pass on, it is often difficult for those left behind to fully understand what their loved ones wishes actually were.Trying...

Can I change my will once I have made one?

Can I change my will once I have made one? Once you have written your online will it is easy to sit back and think that you’ll never need to worry about the issue again however it is important to remember that things change and you should regularly review your will to make sure it’s still current. Why would I want to change my will? The simple answer to this is to ask you to think about how life was five or...

Physical and Digital storage…

Where should I keep my will? This is something that is often not thought about until after a will is actually written but although it may seem a simple and practical question, it is a really important issue to think about. When a person passes on, it is a time of great stress for their family and friends and finding all of the paperwork required, including the last will is frequently cited as one of the biggest problems. Although they may have...

Is writing a Will expensive?

The average cost of a Will Everyone should have a Will, whatever their age and circumstances, to ensure that if anything should happen to them, their estate is distributed in accordance with their wishes. This can be particularly important for those with children or stepchildren.The financial cost of creating a Will should no longer be a barrier with the advent of good-quality online Will writing services. Here at Smart-Will™ we offer a comprehensive service including support, a user-friendly interface, free...

Rules of intestacy

What happens if I die without a Will? Dying without a valid Will in place can mean that your estate passes to people whom you wouldn’t necessarily have chosen to leave it to. It can also have far-reaching effects on your family, their finances and the care of any children left behind. Rules of intestacy If you die without a Will then the rules of intestacy apply to everything you owned. These state that your spouse or civil partner, if you have...

Do you have workplace life cover?

Putting a valid Will in place while you are young can be of help and comfort to your loved ones should anything happen to you. Using our simple will writing app means that you can easily create a Will to ensure your estate passes to those you choose. Taking control of your assets You might not think that you have much in the way of assets when you are young, but if you die without a Will then what you do...

Appointing Guardians

Appointing Guardians For Your Children - What Parents Need to Know Passing away isn’t something a lot of people want to think about too early in their lives. It isn’t an appealing concept by any means. But when you have children, and they need to be protected regardless of what happens to you, contemplating your mortality becomes necessary.If you die while your child or children are under the age of 18, the state will appoint a guardian. Writing your online...

Are you one of the 70%?

Many people feel that writing a Will doesn't apply to them as they are either too young, not rich enough or have little possessions they can pass to family or friends after they pass. The truth is, this is not the case. 70% of adults in the UK do not have a  valid Will in place, this can cause your family lots of problems at an already stress full time.  Here are  5 reasons you need to write your online Will...

Are you and your partner joint tenants or tenants in common?

What are the types of property ownership? There are three main types of property ownership, sole owner, joint tenants and tenants in common. Sole Ownership If a home is owned by only one person then it is registered as a sole owner. If there is only one owner on the property then that owner can create a will which will include a provision on who to gift the property to in the event of their death. Joint Tenants A jointly owned property is a...