The great thing is that Wills do a lot more than just help rich folk organise their financial affairs.
It is true, that one of the reasons to prepare a Will is to provide direction as to how you wish your financial affairs and estate to be organised, and distributed to your loved ones.
Do you have a very precious heirloom or specific item that you wish to give to a family member or friend? By working through the Willify process, you are able to list those specific items (or even specific sums of money) and give those items to the right person. This will help to stop any fights between loved ones.
Is your sister Katie fantastic with money and organisation of paperwork? Did you know that you can nominate whom you wish to be the Executor of your Will. This can be helpful as your Executor carries out your wishes, ensures children are provided for, and can help stop arguments between loves ones about whom should be appointed to fulfil a guardian role.
Sometimes we can have a precise or specific plan for our funeral. This might include cultural or religious aspects, or preferences. We might want our favourite song to be played. We might wish for butterflies to be released after the service. Willify Wills have space available to enable you to reflect on, and document your wishes. This might even include your preference for not having a funeral at all. You might also like to include your preference for cremation or burial, and whether you would like to be an organ donor. This means that your loved ones will understand what your preferences were and try to honour you by carrying out your wishes.
One of the many other benefits of writing a Will, even when you feel that your assets are humble, is to provide for your children; including specifying whom your children will live with if you are not there to take care of them.
Wills do not expire. This means that even though you might be hoping to grow your assets in the future, the Will that you write with Willify today, will also cover you for your future financial circumstances. The exceptions to this are if you get married or divorced, then you need to do a new Will, to reflect your change in circumstances.
If you wish to leave a legacy in support for a charity, you are able to do so in your Will. All contributions are appreciated, and charity organisations can often use your gift to support those in need.
We understand that sometimes relationships breakdown, and that you might not be including someone from your family in your Will. In Willify Wills, you are able to clearly state whom you wish to receive gifts or a financial benefit.
In theory, even though all wills can be contested, the best way to ensure that your assets are distributed in accordance with your wishes, is to have a valid Will!
