Foundation Will

By: Protea Estate Planning  04/03/2014
Keywords: Will Writing, will writers, make a will

Foundation Will is a formal way of expressing your wishes. The following elements is covered within a Foundation Will; Executors - YOU choose your own executors avoiding the probate fees (up to 8% of your estate value charged by solicitors, banks, unions etc.) Beneficiaries - YOU can select who will benefit from your estate avoiding the Rules of Intestacy Guardianship - YOU choose who will look after your children should they be under 18 years old, this avoids terrible possibility of them landing in the care of the state who will make the final decision of whom they will be living with. Funeral Wishes - YOU can stipulate your wishes of what you want for your funeral. Probate - This is the process of administering your estate, if there is no will in place and therefore no executors there is a long costly process of administering the estate. This can be avoided with a will.

Keywords: make a will, Professional will writers, will writers, Will Writing

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