How To Make A Will: Step By Step Guide

Making a Will is one of the most important things you can do to protect your loved ones and ensure your wishes are carried out after your death. Without a valid Will, your estate will be distributed according to the rules of intestacy, which may not reflect your intentions.

Whether your estate is straightforward or more complex, taking the time to prepare a Will can provide peace of mind for you and your family.

Step 1: Take an inventory of everything you own

Before you can decide how your estate should be divided, it is important to understand exactly what you own and what you owe. You should make a list of all of your assets such as property, land, bank and building society accounts, pensions, vehicles, personal possessions and business interests – together with their corresponding values. You should also note all debts and liabilities such as mortgages, loans, credit cards and tax liabilities.