Do You Have to be Wealthy to Write a Will? #WillsinNumbers

The last thing many of us want to discuss is death. The reality is that death is an unavoidable part of life, and sooner or later, it will come. Of course, we want all want to live full lives, and most us would like to live as long as possible – not having to think about having to write a will or anything like that. Have you ever wondered what the aftermath of your imminent death would be? 

The reality is that we don’t know when our time will come.

The top misconception surrounding wills tend to be about whether or not you have enough money to even consider whether you should write a will. Wills are not exclusively for the wealthy, or even just for the rich – we should all have a will that lets our loved ones know what it is we want them to do with the possessions we do have, our body, and what our final wishes may be.

Many 20 & 30 somethings may own property or have children – if that is the case then writing a will is not dependent upon your age, but upon your life circumstances. You hire a lawyer or law firm to do this for you or you can opt to write out your will yourself with the help and guidance of a will kit. The right will kit is legally binding and also guides you on the step by step of  how to do it yourself.  

Then there are the people that certainly had too much money during their life that needs to go somewhere after their death. Did you know that not everyone that is wealthy or mega-rich leaves assets to their spouses, children, or even to charities?

For some people the definition of nearest and dearest takes a complete different meaning and comes in the shape of four legged friends, reptilian pals, and even chickens! And as this infographic shows some people will go to extra lengths for the love of their pets.

write a will infographic

We don’t know what will happen unless we share our final wishes with our family and closed ones in the form of a legally binding will. You can always choose to go out like cheeky Sandra West (California socialite and oil heiress). She passed on to the other realm at the young age of 37 and requested to be buried in her lace nightgown then placed inside her Ferrari! With the seat slanted at a comfortable angle of course. Her family obliged, but then had to pour concrete over the car to deter car thieves. That’s quite a way to go out with a bang!

Have you thought about when you should write a will? What is the most random thing you would include in it?

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