Where there's a Will there's a wayPosted: 14 Oct 2021
Arguably, a Will is probably the most important and essential document in wealth planning that an individual should have. It is the only instrument that could allow you to manage just about all facets of your estate in one document, in the event of death. In this video our Private Client Partner, Orchid Lee explains some of the common uses for a Will as well as a myriad of other things that a Will can accomplish.
Orchid also gives an example of consequences if a Will is not properly drafted, if someone who drafted a Will missed an important detail. A well-trained lawyer, such as Orchid, who has been drafting Wills for almost two decades, is able to help individuals avoid certain pitfalls such as one given in the example.
With the Covid-19 pandemic and life in general, we all see that tomorrow is promised to no one, the only certainties in life are death and taxes, as Benjamin Franklin once said. It is important to get your affairs in order and having your Will gives you the peace of mind that your loved ones will be taken care of no matter what.
If you are sitting on the fence about making a will, or making excuses not to have one, or are eager to have the right professional do it for them then get in contact with Orchid to take your next steps.
Article written by:
Orchid Lee is a Partner Solicitor at Spencer West. She specialises in private clients and trusts where onshore estate affairs, structures and transactions cross borders with or emanate from, Cayman and Bermuda, she is able to assist.
Partner - Private client and trusts
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