Making and storing your Will can be considered as one of the most difficult, but important things to do. It is a witnessed and a signed document in written form, which specifies who will get the ownership of your possessions, after your death. Through your will, you will be able to determine who will benefit from your estate upon your death. When the person who makes the will (the Testator) passes away, an executor will be appointed. The primary objective of the executor is to make sure that all the terms of the will are carried in accordance with the Testator’s wishes.
Is making your Will really that important?
Yes, making a Will is extremely important as it will clearly specify who will benefit from your Estate after your death. A Will can also be used to appoint Guardians to minor children. Without a Will several issues can arise. The courts will end up deciding what happens to your belongings and in some cases your children! Writing a Will is the only way to protect your loved ones and ensure that those who you want to inherit actually do!
Safely storing your Will
After you have written your Will, it is important to consider the safe storage of your Will.
Your Will is an extremely important document as it provides clear instructions on how you would like your Estate to be distributed after your death. Only the original copy will be accepted by the Probate Registrar and therefore, it is extremely important to protect it from certain risks, for example, fire, flood, loss and theft to name but a few.
The copies of your last will are not accepted legally.
One place you should never think about storing your Will is at home. Even if your Will is only damaged and not destroyed, the courts can still declare your Will invalid.
How can MGF Wills help you with Will storage?
Working in partnership with National Will Safe, MGF Wills provides a professional Will storage solution for the safekeeping of your Will. Your Will is stored in a waterproof wallet inside a fireproof safe and is insured at all times. You can have access to your document/s whenever you need to and your Executors will be issued with cards that contain all the details they will need in the event of your death. In addition, as part of this Will storage service your Will is registered on the National Will register ensuring that in the event your Executors pre-decease you, other members of your family will know where your Will is stored.
For more information on making and storing your Will, contact MGF Wills today.
Or, if you’d rather arrange a face to face appointment: