Finishing Well with a Will

A Nugget of Truth – Last Will and Testaments

We subscribe to Seth Godin’s blog and Saturday’s email was a nugget of truth that is worth sharing:

If you start a book, you will do better if you have a plan for finishing your book.

If you take the time and spend the money to go to college, it’s worth considering graduating as well.

Aretha Franklin died without a clearly stated will. As a result, her heirs will waste time, money and frustration, because Franklin was both naive (a will doesn’t make it more likely that you will die) and selfish.

If you’re born, it pays to plan on dying.

Every year, millions of people needlessly suffer in old age because they didn’t spend twenty minutes on a health care proxy.

If you’re going to take a job, everyone will benefit if you think about how you’re going to leave that job.

And if you start a company, you should realize that you’re probably going to either sell it or fold it one day, and neither has to be a catastrophe or a failure.

Beginning is magical. So is finishing. We can embrace both.”

– Seth Godin
 
The key point for us is that everyone should have a valid will in place.

We don’t think that you are selfish if you don’t have a will, but your procrastination or avoidance of the subject is naive. Dying intestate (without a will) does delay the process.

An example would be if you have a blended family or have been married more than once then the unfortunate truth is that someone will likely think that they are entitled to something.

It doesn’t always happen, but it happens often. We’ve seen more inter-family bun fights than we’d care to count. It’s ugly and painful for your family, and you can ease the process by having a solid will in place.

A valid will stipulates exactly how your estate should be divided, and who your heirs are. Your executor will administer your deceased estate in accordance with your wishes.
Preparing a will does not have to be a long drawn out process and drafting a will to suit your individual requirements is what we specialise in.

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