Tuesday, 18 February 2014

Why Every Parent Should Make a Will

If you are a parent on the Isle of Wight, it is essential that you make a Will.  As a parent, we spend our days ensuring that our children are well fed, well dressed and well looked after.  Shouldn't every good parent want their child to be looked after in the best way they know how, even after they are gone?

What if you and your partner were to die tomorrow?  What would happen to your children? If you don't have a Will, do not assume that your children will go to a family member.  They will be a Ward of the State and, as such, could be put in foster care whilst the COURTS decide where to place YOUR children.

A Will is a powerful document that not only details who or where you want to leave your assetts to, but is vital when it comes to the issue of your orphaned children. A 'Guardian' is someone you nominate to look after your children when you are gone (if they are minors).

By choosing a Guardian yourself, you are ensuring that your child has the best possible future - the courts could choose someone who you would have otherwise found totally unsuitable.

Within a Will, you are also able to express certain wishes that you would  want to pass on in regards to the upbringing on your child.  For example, you may want to ensure that your religious beliefs are passed down, or that your estate pays for private medical care, or so on.

With "step" families so common now, where one of the parents is not biologically related to the child, it is even more important to express your wishes in a Will.  If a parent dies where one of the children has a step parent, more often than not, that child will be given to the remaining natural parent.  This could have all sorts of implications, particularly where siblings are involved.

I believe that every parent has a responsibility to ensure the welfare for their children - in every eventuality.

No one likes to think of dying whilst their children are still young, but it can happen, and, as such, it needs to be discussed and planned for, just in case.  Do it, and then go live your life.

If you would like to discuss making your Will, call Wight Wills on 01983 897122.
For more information, visit www.wightwills.co.uk

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