A Single Will is a Will created for one person, and these can be created if you have a partner and if you do not.
A Single Will can be a good option if you feel that Mirror Wills are not right for you, if you are a single parent or if your partner already has a Will in place that they do not wish to change.
What are the benefits of a Single Will?
A Single Will enables you to make your own decisions about what happens to your assets and possessions after you pass away.
This can include:
- Choosing who your Executors should be
- Deciding who to appoint as Legal Guardians of your children if they are under 18 years of age when you pass away
- Choosing a charity if you should wish to do so
- Deciding who you want to benefit from your assets and possessions, and how
- Specifying the amount of inheritance for your children and when they receive this
When is the best time to make a Single Will?
Whilst we would always recommend making a Will as early on in life as possible, there are a few key milestones where it makes sense to either create a Will or have your existing Will reviewed.
These milestones include:
- Purchasing a property
- Getting married or entering into a civil partnership
- Having children
- Going through a divorce or separation
To discuss your options and requirements, call us now on 0300 303 3629 or alternatively you can send us an enquiry using our contact form.