Making a Will is crucial to ensure that you are able to decide who your assets will go to once you die. It is also recommended to have a Power of Attorney, and both of these can be drafted at the same time. A Power of Attorney appoints a person or people who are able to make decisions on your behalf, such as financial or welfare decisions or both.

What should you consider for a Will?

  1. List your Assets
    You must consider what makes up your estate, which is all of your assets. Some examples of assets are property, investments, pensions and personal belongings. You can make an appointment with one of our expert team members who can assist you in drafting your Will and deciding who will receive which assets. There are also digital assets such as your social media accounts, email address and crypto assets.

  2. How to decide on an executor?
    An Executor is a person who is named in your Will and is responsible for carrying out the deceased's wishes in terms of the Will. It is therefore important that you appoint someone you trust. It is also recommended that you appoint a joint or whom failing executor so that if one of the executors dies or becomes incapacitated, the other can be responsible for the administration of the estate.

  3. How do you decide on your beneficiaries?
    A beneficiary is a person who will receive a portion of a person's estate in your Will. An example of a beneficiary can be a sibling, child, other family member, or it can also be non-natural persons, such as charities.

  4. Storing your Will
    Once your Will is drafted and signed, it must be kept in safe storage. The Will must be signed and witnessed by someone who is not related to you or a party to the Deed. Our expert team can arrange for your Will to be drafted and signed. It can also be stored in our Will safe for safe keeping.

  5. Reviewing your Will
    Once your Will is drafted, it is important to review it periodically and update it after significant life events, such as marriage, divorce, or the purchase/sale of a property. Aside from that, it is important to review it to ensure that the intentions in your Will remain the same. If you decide that you would like to make any changes to your Will, our team can assist you in drafting this for you. 

Here at Miller Samuel Hill Brown, we understand that estate planning is not a one-size-fits-all process. Each person's journey is unique, just like their dreams and aspirations. That is why our Private Client Team is dedicated to taking a personalised approach, ensuring we help you plan according to your specific needs and desires. We strive to provide tailored solutions, compassionate support, and expert advice, all focused on making a real difference in your life and helping you achieve the security and peace of mind you deserve for yourself, your partner, and your family.

We invite you to contact us today at {{CONTACT_NUMBER}} to learn more about how we can support you in your estate planning journey. Let us help you gain peace of mind about your future.