Fact #2 45% of us will die without a will
It's time to talk about death so we're continuing to share facts that you need to know about death in line with our Ten Things Workshops. Today we look at Fact Number Two.
It seems like the obvious one - when you die you need to have a will.
Yet 45% of us don’t have one when we die.
So what is a Will? Here’s the definition from the Planning Ahead Website:
A Will is a legal document that sets out who you want to receive your assets including jewellery, sentimental items, money and property when you die. Making a Will is the only way you can ensure your assets will be distributed according to your wishes.
So what happens if you don’t have one? Well your estate, which could mean your home, bank balance, and car will be distributed according to a government determined formula.
There are many tools now available (especially online) for you to share your will and dying wishes. Start with talking to family and loved ones, think about what you want to leave and how then write it all down.
Most people advise going to a solicitor to get your Will written though. They can of course be contested which means writing clear instructions about how you want your estate distributed. See this great blog from Adel Horin for some of the issues and pitfalls.
Want to see what else you need to know about Death?
Attend one of our “Ten things you need to know about death” workshops.
While it may seem scary to think about your own mortality, becoming death literate and building your capacity for end-of-life planning can help create healthier community attitudes about death.
The 10 Things Workshops will teach you what you don’t know about death; allowing you to set aside your fears of having ‘the conversation’ and walk away knowing how to plan your end of life the way you want to.
At the Groundswell Project’s 10 Things Workshops you will walk away with ten facts about death that will impact you and your loved ones.