I wrote my will this week.
I am in my mid-forties and both my parents heartbreakingly passed away in their 60’s, and it makes me nervous I suppose for my own life.
I have been thinking about writing my will for a really, really long time and finally got the push I needed when Farewill asked me if I would like to review and experience their service.
According to Farewill, it’s the hassle and the expense of going to see a solicitor that puts people off and that was certainly one of the main reasons I have not taken the plunge. Partly though I was also scared. The thought of my children being around without me makes me so emotional, it is undoubtedly a frightening thought and one I would rather shove away.
But somethings just need to be done don’ t they? Some things are too important to ignore.
I am not alone though in not sorting out my affairs. Only 1 in 10 parents in the UK have officially appointed guardians for their children. This si something that needs to be addressed.
Farewill launched last year and have grown to be the biggest will writer in the UK. Their wills cost just £50 up front (£85 for a couple) and an optional £10 a year for the ability to keep it up to date.
That’s all really good value, isn’t it?
I was a bit concerned that the process would be long and complicated but actually, it was really straightforward and did not take very long at all (less than 10 mins.)
I simply had to give my name and date of birth and contact details and the details of my spouse and my kids. I also had to say who I would want to look after them should anything happen to me and appoint a guardian.
Then I had to name the executors of my will to make sure my wishes were carried out. I don’t want to go into the nitty-gritty of who I chose and why because it is entirely personal of course. It did, however, necessitate me having a quick conversation with each of them to check that they were okay with being asked to do this.
As part of the process, I also got to say where my assets and money would go if my spouse and I had passed away. I thought I would waver on this but I knew immediately who I wanted to entrust that to.
I also got to decide about any personal possessions and what I wanted to happen to them. There was also space for me to write down what kind of funeral I wanted and where I would want to be laid to rest. I surprising care very little about this ( I had never even considered this) I was certain I wanted to have my ashes scattered with my mums and there was a n option for me to state this.,
It felt sad in some ways but in another way, I really felt like I was getting my house n order and there was just this massive sense of relief.
Such a hard thing to contemplate, Such a very important thing to do.
I found the process really clear and simple and speedy and the site was so easy to navigate. Live chat is available if you need it too. This made what was potentially tough and emotional as straightforward as possible.
It’s time now for my other half to do his will
Mirror Wills are similar documents created on behalf of a married, civil partnership or unmarried couple. They are virtually identical Wills where one member of the couple leaves their estate to other in the event of their death. Farewill doesn’t offer one ‘mirror will’, but instead offers a discounted deal allowing you to both get seperate wills. The result is exactly the same legally and gives each partner more flexibility to leave personal gifts and messages. For more information visit the Farewill couples will page.
Do get your will sorted.
10 minutes to put into place some of the most important decisions of your life.
Farewill are offering Baby Budgeting readers 30% off their wills for the next 6 months. If you would like to take advantage of this offer simply popover to Farewill, create your will and pop this code in at the checkout BABY-BUDGETING30