For most people, when they die is not a particularly problematic event regarding their estates, because they’ve made a will that contains instructions on what parts of their assets are left to different people. However, if you have a serious accident of sudden diagnoses of an illness that leaves you with mere days to
Why is the emergency will such a good choice?
One of the main reasons that people choose to make an emergency will is because, without it, there would be lots of complications when someone passed away. If someone dies without a will, the rules of intestacy come into play, and there can be people who challenge each other and contest what they considered to be your final wishes because they feel they should have been left a certain possession or a lump sum of money. In this way, the emergency will is an extremely valuable and important thing to make.
But what exactly is an emergency will?
This question is often what makes people realise what the value of the emergency will is. Usually, making a will can take longer than a day, and needs to be done with formality. With the emergency will, however, the usual waiting time is bypassed, and the entire process can be completed and legitimised usually within the space of a single day, we certainly do our best make the will on the same day to facilitate the wishes of a dying person with no will that divides up their assets. Obviously, this is preferable to dying with no will at all, and instead ensures that if you do die quite suddenly, then provision is made for who in your family inherits what from you, and what will happen to the safeguarding of small children if you have them, which can be a major worry for families with only one parent. While it is recommended that someone makes a will whenever a
Overall, the process of making an emergency will is critical and has a variety of benefits. The biggest concern in the mind of someone who doesn’t have long to live is what is going to happen to their possessions and their property once they have passed on. While the rules of intestacy would still apply, and the majority of the properties will either pass to a married partner or a direct descendant, neither of those two options is necessarily always what the individual wants to happen. In this way, making an emergency will mean that they’ll be able to make sure that their wishes are carried out and that they can make provision for any children to be looked after, or for individual possessions to pass to the family members they deem acceptable.
31st May 2017 by Braintree Wills