If you have children or dependants, making a will is not just about gifting wealth and personal possessions. You can use your will to outline any important decisions for your children’s future, such as making financial arrangements and deciding who will be their guardian should you die. By making your wishes clear in your will, you will be providing clarity and certainty for your family and peace of mind for you.
In part two of this video series Dee Benians, partner in the private client team at Hughes Solicitors in Heathfield, East Sussex highlights three key reasons you should make a will if you have children.
Click here to watch the video on making a will if you have children or play the video below:
Dee explains how having a valid will can protect your children and their future interests by allowing you to:
- appoint a trusted guardian to look after your children should the need arise;
- define the terms of any financial arrangements, such as what age children can access their inheritance; and
- make provision for any stepchildren or other dependents you would like to benefit from your estate.
This article is for general information purposes only and does not constitute legal or professional advice. Please note that the law may have changed since the date this article was published.