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Wills & Succession
3. Why Make a Will?
Authors: Savage Julia
Firm / Chambers:
Last updated: 23 Aug 2015
- A good reason for making a will is to avoid unnecessary expense. When a person dies without a valid will administration of their estate is more complicated and expensive.
- In this situation letters of administration must be applied for. This involves more work than the standard application for probate which occurs when a person dies with a valid will.
- Importantly by making a will you are being kind to your family. When a person dies it is naturally a very upsetting time for their surviving family. By organising your affairs as much as possible before you die you will be saving your family from additional pain and heartache.
- Even a basic will is better than no will at all. By making a will you get the opportunity to appoint the person you want to be your executor and to let them know what you would like to happen with your property.
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