How to Do a up Will: Everything You Need to Know

Let’s face it, no one wants to think about death, which means that many people die before they write a will. However, it’s prudent to think about the future – yours and your family’s – to make proper planning, particularly writing a will. It sounds like a complex document, and you might not know how to go about it. So, if you want to know “how to do up a will”, here’s how to go about it.

Also Read: How to Get a Passport in Nigeria: Your Getaway to International Travel

Become an insider.  Subscribe to our newsletter for more top trending stories like this!

1. Include all your assets, including life insurance policies, cash deposits and investments and deduct liabilities.
2. Consider the legacy you want to leave. You can leave your money to one person or divide it among specific individuals. You can also write a letter stating how everything is to be divided.
3. Additionally, if you have underage children, you can state their caregiver and how they’ll access the money you’ve left them.
4. You can do this yourself by handwriting or typing. You need to get two people who have no interest or benefit from your death to sign it off as witnesses. 
5. Once done, you can choose to store your will with a solicitor or bank.
6. Alternatively, you can have a will writer, but ensure they’re a member of a professional body. This helps to avoid mistakes that can render your will invalid.
7. The best option, especially for those who have complex cases, is to hire a qualified and regulated solicitor. This will guarantee the protection of your beneficiaries.
8. The will can regularly be revised by adding an addendum or revoking the old one and creating a new one.

If you were wondering, “How to do up a Will”, this is a step-by-step guide to ensure you avoid mistakes and include everything that’s important in it. Additionally, we have shown you how to keep it safe after it’s written to avoid misplacing it or landing in unauthorised hands.

Also Read: How to Private your Digicel Number in Jamaica

This video is from the Moneywise YouTube channel, a platform that is dedicated to presenting financial information in an accessible, jargon-free manner and providing the tips and advice you need to take control of your money.

Become an insider.  Subscribe to our newsletter for more top trending stories like this!

Nearly 80% of consumers visit directories with reviews to find a local business. List your business for free in our exclusive Spotcovery Black-Owned Business Directory.

Spotcovery offers unique and fresh daily content on Black culture, lifestyle, and experiences. We talk about everything black, black people, black-owned and black-owned businesses. We also deliver authentic and relevant content that will inform, inspire, and empower you! The future of black media is critical to today’s black experience! Our primary audience includes African Americans, Africans, Afro-Caribbeans, and people of African heritage. Black culture is for the culture!

Become an insider.  Subscribe to our newsletter for more top trending stories like this!