Not many people think about writing a will until they are much older and past retirement age, but there are certain life events that should make you think about putting a will in place. If something should happen to you and you are no longer able to make decisions, either because you have passed away or because you have been injured, it makes sense to have a will in place so your wishes can be carried out in your absence. Here are the top three life events that should make you think about writing a will.
When you have children
If you have recently had children, you should make sure you have a will in place so that you can designate a carer for your children if anything should happen to you. If you don’t have any living relatives, you might want a close family friend to raise your children. Without a will, the local authorities will decide who they think is best to raise your children.
When you start a business
Many business owners will read plenty of articles about how to grow their business but sadly not many people make any plans for what should happen to the …