Having a child means much more than passing your great looks and sparkling personality on to them. It also means leaving a lasting legacy. Your last will and testament is one of the most important documents you will ever sign during your lifetime for their protection.
When people start a family, the last thing they want to think about is their own death, which is why most people put off drawing up a will.
Here are five reasons why every parent should have an updated will:
Freedom to choose your heirs and control the allocation of your wealth
Nominate a guardian of your choice for your minor children
Eliminate family squabbles and unnecessary conflict subsequent to death
Appoint a professional executor to ensure smooth estate administration
Drafting your will with a professional allows you to minimise estate duty and identify liquidity shortfalls
Click here and let one of Old Mutual’s professional advisers assist you to draft a tailor made will that will fit your unique family’s circumstances.