MT Legal Services
MT Legal Services
Will Writing

Writing a Will for the digital age has never been more important!

20 October 2020 by Mark Tucker

Making a simple Will means your loved ones inherit what you want them to after you die. It is important you have a Will, for various reasons.

Whether you are single, married, cohabiting, have children or not; a Will is essential. 

A Will serves to distribute your property (estate), name an executor, name legal guardians for children and more.

Having a Will also means that you (rather than the Law) decide who gets your property when you die.

We are storing more and more of our lives, and personal affairs online. Whether it be money on banking apps, videos, photos or music stored on the web; more and more possessions are now digital and we need to consider how our Wills can reflect this.

But what about the wealth that you’ve saved up ONLINE?

THINGS TO THINK ABOUT…

To prevent your assets being lost, it is useful to keep an up-to-date list of all the online accounts you hold. This list may include ISAs, pension funds, life insurance policies and Premium Bonds. 

You don’t need to include details of how much is in each account; however this information may be relevant for tax reasons.

It may be advisable to make sure a trusted person can log onto your computer, or you can print a copy to give to people you trust; or store one with your Will. Don’t put your security at risk by keeping a list of passwords, though. The companies will not ask for them after your death.

Many people will also have a wealth of digital assets saved on laptops, mobile phones and tablets. Such as photos, videos, music, documents and ebooks.

Services such as Google Drive or iCloud allow you to store data and assets online. Some digital possessions you may be able to allocate to friends and family (different companies will have their own policies and it is advisable to check with them). 

There are now far more options when it comes to Will-writing…

MTLS are fully operational and we are offering appointments:

  • In person – following Government safety guidelines 
  • Video Conferencing – via Zoom, FaceTime and Skype
  • Telephone 

MT Legal Services has 40 years of experience in matters regarding Wills and Probate and we are a member of the Institute of Professional Will Writers.

We also offer professional services such as long term care planning, inheritance tax advice and estate planning, preparing powers of attorney and safe document storage.

More and more people are choosing to get their affairs in order and we are very busy, but we do have available appointments, and we offer a FREE CONSULTATION. 
 01604 591242
 mark@mtls.co.uk
 mtls.co.uk
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