Getting the Will wording right
The wording of Wills is vital to ensure the wishes of the Will maker are exactly as intended. One common issue is when amounts of money are used rather than percentages. For example a person has £10,000 in investments and they decide to give £5,000 to their child and £2,500 each to two friends. If the person dies in ten years time, the value of the investment will have changed considerably and then who should receive what amount? A better way to word it might be for 50% to be given to the daughter and 25% to each of the friends. However, in some circumstances, even percentages are challenged. That’s why it’s vitally important to ask a professional to write your Will, as they are more likely to get it right and when they don’t, at least you can make a claim against their insurance.