Business

A Positive Action

Issue 55

“When you get up in a morning – make your bed.” This was the advice handed out at a dinner I was at recently.

The logic goes, if you have had a bad day, at least you have a nice comfy bed to get into when you get home. However, you will have achieved something before you even leave your bedroom, and this positive attitude means you are more likely to achieve other goals during the day.

It is the same with all those things you know you should be doing (or not doing!). As soon as you can tick one off the list, even a mental note in your head, you feel that you have achieved something and you feel good. Probably like you, I will not be drinking this month, I will be trying to go to the gym four times a week and I will be making changes to my diet. For an easier win for you – make a will.

You know you should. You know that you want to make it as easy as possible for those you love when the time comes. You know that it does not invite ill health upon you. It is not expensive, it is not difficult and it could save you quite a bit of tax. It gives you the control over what happens to your money, but much more than that. Who knew that you wanted “I’m still standing” to play as the curtains close?

In modern blended families it becomes even more important as the intestacy rules may mean that you are not providing for those that you want to do. Anyone with children needs to consider who they would like looking after their children. As difficult as these decisions are for you to make and think about, imagine what your loved ones would struggle with if, having lost you suddenly, they have to make these decisions without knowing what you wanted.

You may think that you do not have any real assets, so you do not need a will. It is sad but true however that a lot of us are worth a lot more once we have died. Life policies, pensions or even compensation can all add to your worth when you have gone. Do not feel that you have to have all the answers to make a will. You get as many chances as you want to make a will. As your circumstances change, or the people in your life that you care about changes, change your will. Do not put off making your will until you have all the answers. You never will have all the answers. But talking to a caring, experienced professional at Toomey Legal, may help you fill in some of the blanks. Speaking to a solicitor also ensures that you get the best advice.

People often want to make a will with their partner, but a will is a personal document. You can put anything you want in your will and it does not have to be the same as your partner’s. Do not regret making your wishes clear when it is too late to do so. And even worse, don’t leave loved ones wishing you had.

So this year, have a resolution that you can achieve more easily than climbing Mount Kilmanjaro or riding the Coast to Coast – give Toomey Legal Limited a call on 0191 6053710. Come and have a coffee and a chat (and maybe a piece of cake). Then leave feeling satisfied that that one of those things you knew you “should” do is now one of those things you have achieved.

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