Bought Your First Home? Here's Why You Should Consider a Will

Congratulations on purchasing your first home! This significant milestone brings excitement and new responsibilities. Amidst the joy of homeownership, it's essential to consider how to protect your new asset and ensure your wishes are honoured in the future.

Why Is a Will Important for Homeowners?

Owning property is a substantial investment, and having a Will in place ensures that your home and other assets are distributed according to your preferences. Without a Will, the law dictates the division of your estate, which may not align with your wishes. This can lead to complications and potential stress for your loved ones during an already challenging time.

Key Considerations for New Homeowners:

• Asset Distribution: Clearly outline who should inherit your property to prevent potential disputes.​

• Co-Ownership Arrangements: If you've purchased the property with a partner or friend, specify how your share should be handled in the event of your passing.​

• Executor and Trustee Appointment: Choose a trusted individual to manage your estate and ensure your wishes are carried out.​ This can be particularly important if you are placing a share of your property into a Trust.

How TW Wills Can Assist You:

I offer a full Will Writing and Estate Planning Service. Unlike online providers, I will discuss all of your circumstances to make sure your Will meets your needs. When preparing a Will we will discuss your ownership of the property, all of your other assets, your family circumstances, and your wishes for the distribution and protection of your estate. I am friendly, approachable, and explain everything clearly to ensure my clients understand the Will they are signing.

Next Steps:

Securing your property's future is a crucial aspect of responsible homeownership. To discuss how I can assist you in creating a will that safeguards your assets and honours your wishes, please get in touch:

• Email: victoria@twwills.co.uk​

• Phone: 07930 167 199

Alternatively, you can fill out our contact form, and we'll respond promptly to arrange a consultation.