What do I need before writing my Will?
Before you start writing your will, you need to think about the details, such as full names, addresses etc., of these people:
1. Executor(s) – The person(s) you want to look after your property when you die. These are usually people who are trustworthy and have a close relationship with the person making the will. We suggest appointing 2 people in this role.
2. Substitute Executor – This person will manage your property only if an Executor has died or can’t help.
3. Guardians – The person(s) you want to look after your children when you die. They will act as a “substitute parent” until your child(ren) reach the age of 18, and will be in charge of their schooling and welfare.
4. Beneficiaries – The person(s) who will inherit your property after paying off debts, tax, expenses, specific items and money gifts. You also need to think about the details regarding your a. Specific items such as jewellery, furniture etc., and any money gifts to family, friends or charity, and b. Funeral wishes such as whether you want to be buried, cremated etc.