I have recently purchased my first house and something I have had to consider is making a Will. Research has shown that most people fail to make appropriate arrangements for their death which impacts upon those closest to them. A study by the Dying Matters Coalition showed that over half of us are unaware of our partnerâ€™s final wishes and we are unlikely to have made suitable arrangements for our own deaths. I had avoided making a Will as I didn’t want to think about death but especially since becoming a home owner I realised it was a sensible step to take to ensure my loved ones are looked after.
I would urge home owners to make a Will or review their Wills to ensure they are up to date. It is especially important when buying a house with someone else to consider what you would wish to happen to your interest in your home upon your death. This is something that needs to be considered with your conveyancer when purchasing your home and to be confirmed in your Will. It is essential that you receive professional advice from an expert to ensure you are aware of all your options and that your Will reflects your wishes.
At Burd Ward we regularly advise and act for clients in this area. Buying a home can be a daunting time and it is important that you have advice from professionals who can guide you through the process and ensure that you have provision in place to ensure your wishes are met in the event of your death. We appreciate that making a Will may be the last thing on your mind amongst the stress of moving home but it is the perfect time to take stock and consider what you would want to happen to your home if you died and at Burd Ward our wills are competitively priced and you can be assured of a speedy service from our qualified advisers.