Sorting out your will is a task that is all too easy to put off. But things could get messy for those you leave behind if you die without a valid, up-to-date will.
That’s why this September we’ve joined with the Northland Community Foundation – the charity that supports worthy causes in our local community – to raise awareness about wills, and encourage everyone to make sure your will is up to date.
And if you add the Northland Community Foundation to your will with Henderson Reeves, you’ll enjoy 10% off the cost of creating or updating your will.
Why do you need a will?
A will lets people know how you want your possessions to be dealt with after your death. It’s believed up to 40% of Kiwi adults don’t have a will, which means they are leaving it entirely up to the law to determine how their possessions are distributed after their death. If you want to have a say in who benefits from your property when you die, you must have an up to date will in place.
Having a will gives you peace of mind that you have made the best provision possible for the people and causes you care about, making it easier on friends and family if the worst should happen.
What can you include in a will?
- How you’d like your property to be divided
- Any special gifts you’d like to leave to certain people or organisations
- Who should take care of your children or pets
- What kind of funeral you’d like to have
- Who you’d like to carry out your wishes after your death
How to make a will
While there are plenty of ‘DIY’ options available online, there are also a lot of potential issues that you may not consider without the advice of an experienced lawyer. The best way to make a will is to speak with a qualified and experienced legal professional, who can guide you through the process of creating a will that best provides for your family and dependants. Your lawyer can also help you choose suitable executors, and discuss who may challenge your will and why.
How often should I update my will?
It’s important to ensure your will stays up to date, so you should update your will every time you go through a major life change. Marriage, divorce, the birth of children or grandchildren, and the purchase or sale of property or other assets are all good times to look at your will and make sure it’s up to date.
Why include Northland Community Foundation in your will?
The Northland Community Foundation connects people who care with causes that matter in Northland. The Foundation creates a lasting legacy for its donors by giving back to Northland charitable causes forever, by investing funds bequeathed, and delivering the interest back to charitable causes each year.
If you’d like to give back to your community and create a lasting legacy of your own, you can include the Northland Community Foundation in your will, and get 10% off the cost of creating or updating your will with Henderson Reeves when you do.