the importance of a will

The Importance of Having a Will

At the start of the lockdown a friend of mine passed away , he wasn’t old enough to die. He was in his forties with a daughter in her early twenties. His passing wasn’t unexpected but it was still a shock ,an event made worse by this dreadful pandemic and the fact his family and friends couldn’t mourn him in the way we would have liked .

He was a great guy, fun, caring, intelligent and a great single Dad. A few years ago following both of our divorces, we talked about what was important to us over a glass or two of wine, putting the world to rights late into the night. He assured me all his personal affairs were in order and we left it at that, who was I to question him, after all he was far more organised than me at most things !

He died without a will!!

Unfortunately, my dear friend wasn’t alone, 68% of Brit’s haven’t written a will. According to research from This is an all-time high, passing the previous peak in 2011. Over 31 million now run the risk of dying intestate (without a will) and having their estate distributed solely according to intestacy law.

At a time when your heart is breaking, when you have lost someone you love you don’t want to be dealing with extra admin! Anyone who has lost a loved one will know there is enough to organise and sort out when all you want to do is wrap up in a blanket and immerse yourselves in your memories.

There are of course other benefits to writing a will – not only do you know that you have documented your wishes, but also a will can help reduce the amount of Inheritance Tax that might be payable on the value of the property and money you leave behind. Writing a will is especially important if you have children or other family who depend on you financially, or if you want to leave something to people outside your immediate family.

Planning ahead

You may not feel like planning ahead when you’re ill, but thinking about the future now and making your wishes known will help you feel more in control. It can also help those close to you handle your affairs if you aren’t able to.

There’s great article here with more data and reasons why making a will is important!

60% of people don’t have a will

Don’t put it off because you don’t think you’re not wealthy or “rich enough” to make a will – everyone needs to leave instructions and make it easier for those who are left behind.

Sometimes the complexity of a modern blended family makes it feel far too complicated. My recommendation is that this makes it even more important to make sure your wishes are clear, detailed and everyone is on the same page and there are no surprises.

If you’re reading this and feel uncomfortable with what you’re reading and would like help with your will, a living will or you’d like a qualified will expert to review your will then please get in touch. 

At Mather & Murray we have a dedicated team of will writers and can help you with Wills, Guardians and Lasting Powers of Attorney. Basic wills usually start at £125, but we have a lockdown offer of just £49!

There’s a short video about Estate & Inheritance Tax Planning by Mather & Murray Financial.

If you need someone who knows what to do, won’t judge you, and will ask those difficult questions and help you fix the problem – then please email me and let’s chat – email me now!

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