“If you don’t make a WILL, then your possessions, irrespective of their value, may end up being distributed to people that ordinarily you many not want to receive them.”
“Where there is a WILL there is certainly a way to ensure that your wishes are adhered to in the event of your passing” said Fine Gael Deputy Andrew Doyle, Wicklow/East Carlow as he welcomed the announcement of Best Will In the World Week which runs from Monday 20th October to Friday 24th October.
A WILL is a legal document that communicates a person’s final wishes pertaining to the management and distribution of his/hers possessions/assets after their death.
A WILL can be made at any time in an individual’s life and can be amended at any time to reflect an individual’s wishes as to circumstances in their lives which may change e.g. arrival of grandchildren, or in the event of a death of person included in the Will, it maybe necessary to make an amendment to the Will, or in the event of a change in the person’s own personal circumstances e.g. divorce or separation.
It is always prudent to make a WILL as it prevents arguments or disappointment between family members, relations or friends when a WILL is made. If you don’t make a WILL, then your possessions, irrespective of their value, may end up being distributed to people that ordinarily you many not want to receive them. By making a WILL you decide who gets what.
Family and close friends are not the only people who can benefit from your Will. You can also nominate a charity of your own choosing to benefit from your Estate and this wish can be included in your WILL.
You can change your WILL at any time in your life, if circumstance change. Making a WILL prevents unnecessary litigation in relation to the management of your Estate after your death, and I would urge people that during this week to make some notes in relation to their affairs and perhaps consider making a Will in order that their wishes are respected and adhered to in the event of their passing.
During this week members of the public are encouraged to visit a local participating solicitor to have a will drawn up, or changed, and to consider leaving some of their Estate to their favourite charity.