Arranging one’s after-life could be of a great benefit for those we care about. Writing a will defines the destiny of our possessions, money and property and gives some certainty as to where those things might end up.
Generally speaking, it would be fair to say that inheritance and the passing down of assets is thought of with the ‘traditional family’ arrangement in mind - wealth and assets are passed down from parents to children one generation after the other. Even in circumstances when no will is made the intestacy rules, which govern what happens if you die without a will, are very much based on that traditional family set up of marriage, children and blood relatives. Whilst with the introduction of civil partnerships, and more recently gay marriage, a formalised partnership will be recognised by the rules, for those couples who are not married (or in a formalised civil partnership) who will inherit should one party die might have an unfavourable or undesirable result. To some extent, therefore, one might argue that it’s almost more important for a lesbian, gay, bi-sexual or transgender (LGBT) person to make a will.
Making a will gives a person the opportunity to look after and benefit the people who they really care for, a group which may or may not include blood relatives. Consideration can also be given to people and organisations that have had a positive effect on their life; it is not simply choosing blood relatives to inherit with no regard to whether or not they deserve it.
In comparison to other legal services, writing a will is not that an expensive an exercise. It is important to bear in mind that the cost is not simply related to the production of the final document but more so for the advice and expertise given. Rather than put it off and hope for the best you owe it to your friends and family to make your wishes clear to them for when you are gone.