Wills

What happens to your property and your possessions after you die? If you don’t make a will, then that decision won’t be up to you or your loved ones. Instead, the courts will decide.

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Wills

Tell your loved ones what should happen when you pass away

What happens to your property and your possessions after you die? If you don’t make a will, then that decision won’t be up to you or your loved ones. Instead, the courts will decide.

Why should you make a will.webp

Why should you make a will?

Having a will in place not only means your wishes will be carried out: it also avoids a lot of confusion and emotional difficulty for the people you leave behind. 

Whether you’d like to determine how to divide your wealth or who should care for your surviving dependants, having a legally binding will in place ensures that no one is in any doubt about what should happen when you pass away.

You should make a will if you:

  • Are a homeowner
  • Have life savings you’d like someone to inherit 
  • Are not married or in a civil partnership, but would like to transfer your wealth to a partner 
  • Own a business 
  • Have children.

That’s not an exhaustive list: anybody over 18 can make a will and it's best to do so as soon as possible. 

What should I keep in mind?

If you pass away without making a will, your assets will be divided according to standard legal processes that differ depending on where you live in the UK. That means you won’t get a say in things like how to share money between your spouse, children and grandchildren or what should happen to your assets if you have no living relatives. 

You must make sure to write your will correctly. Although it’s possible to write your own will, making a small mistake could render it invalid. As the industry is unregulated, it's best to work with a trusted will writer who can create a legally secure will on your behalf:

You'll need to consider:

  • How you’d like your assets to be divided when you pass away
  • Your wishes for the care of dependants 
  • How to word your will correctly or source a reliable will writer to do it for you.

Please note; Will writing is not part of the Openwork offering and is offered in our own right. Openwork Limited accept no responsibility for this aspect of our business. Will writing is not regulated by the Financial Conduct Authority.

How can Trulife help?

Because will writing is complicated, you should consult an experienced advisor to make sure you receive a reliable service. Trulife can offer expert advice on every aspect of will writing, and can put you in touch with an affordable will writing provider to ensure it is legally binding.

We'll offer guidance on:

What your will should include

What your will should include

Finding an affordable, reliable will writer

Finding an affordable, reliable will writer

Advice on how relatives can access your will after you pass away

Advice on how relatives can access your will after you pass away

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What next?

If you’d like to write a will, talk to Trulife. We’ll quickly connect you with a member of the team and make sure your wishes are carried out to the letter when you pass away. 

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