Wills

Home /
Categories /
Wills

Essentials of Estate Planning

Essentials of Estate Planning: A Guide for Everyone Estate planning isn’t just for the super-rich; it’s about making sure your wishes are honored, your loved ones are cared for, and your assets are protected. Taking the time to plan now can save your family significant stress, time, and money in the future. This guide will walk you through the essential aspects of estate planning, helping you understand how to manage your assets and personal wishes during your lifetime and after death.

What makes a UK legal Will

A will is made legal by meeting specific statutory requirements, which generally include: In Writing: The will must be a physical document. Signed by the Testator: The person making the will (testator) must sign it, or direct someone else to sign it on their behalf, in their presence. Witnessed: The testator’s signature must be made or acknowledged in the presence of at least two (sometimes three, depending on jurisdiction) competent witnesses. Witnesses Sign: The witnesses must then sign the will in the testator’s presence (and often in each other’s presence).