Estate planning for UK residents
Good advice from Age UK
Making a will is vital if you want to be certain that your wishes are met after you die. It can be easy to put it off, but the process can be quite simple.
This guide highlights the benefits of making a will, the issues you should think about, and the areas in which you need to seek professional advice. It contains general advice, so shouldn’t be used as a substitute for professional advice when that is needed.
It’s important to review and update your will every five years or so to make sure it always reflects what you want to happen to the assets that make up your estate. Your estate is everything you own, including money, property, possessions and investments.
This guide covers the situation in England and Wales; in Scotland and Northern Ireland things are slightly different, but details of how to find out about those differences is included in this comprehensive guide.