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Yes, but you should make proper provision for your spouse and children, including ex-nuptial children. If you do not, they could challenge your will.
Yes. It is essential to make a will if you are concerned about who will receive your assets and belongings after you die. It is particularly important to make a will if you have a family or other dependants.
Keep your will in a safe place. Solicitors, banks and trustee companies hold wills on behalf of people, often at no charge. You should make a copy of your will and note on it where the original is kept. It is advisable to tell your executor where your will is kept. If you want to give your executor personal instructions that you do not want to appear in your will, you can leave your executor a letter of instructions.
A will is a legal document that names the people you want to receive the property and possessions you own at the date of your death. These people are known as your beneficiaries. Your property and possessions include everything you own: your home, land, car, money in bank accounts, insurance policies, shares, jewellery, pictures, furniture, and so on. Making a will is the only way you can ensure your assets will be distributed in the way you want after you die.
