UK Wills

Everything you need to know about Making a Will in the UK

August 18th, 2006

Make a Will NOW - Please!

Make a Will NOW. If you ever needed a reason to make a will please consider these facts.

Every day over 1500 people die in the UK (source http://www.statistics.gov.uk) and over 70% of them die without making a will.

Much of this is due the the fact that so many people belive that if they die without a will (intestate) that everything will go to their husband or wife. This is NOT true!

It take ten minutes and costs less than £30 to make a fully solicitor checked will online. Make a will online here

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August 12th, 2006

Executors

You should apoint one or two executors to administer your affairs after your death, although two is usually advisable. An executor is a personal representative, required to act with “utmost good faith” to administer and distribute and estate diligently and correctly’. Many people choose their spouse or children to act as executor.

You should check with each named executor that they are both happy and capable of carrying out the job. Professional executors such as banks, solicitors and accountants will charge fees for their time and these should be checked before you appoint them, especially if they apply a percentage of the estate charge.