These are your written instructions about what should happen to your assests after your death. You can also direct such matters as who should be guardians of your infant children and you can decide how to leave your assets for them on trust until they reach a specificed age. It is very important for parents of minor children or those with special needs to execute a will so that the issue of guardians is clearly set out and to make provision for the children by appointing trustees to administer a trust fund which will comprise of your assets when you die.
There are a number of legal procedures which have to be followed when writing a will and it is important to instruct a solicitor so that you get appropriate advice and assistance. We can also advise you regarding how to draft your will in a tax efficient manner.