Everyone over 18 years of age should have a Will.
If you have any assets, married or not, and especially if you have children, it is essential to make a Will. It is the only way to make sure that, no matter what happens to you, your loved ones will be financially secure. When someone dies without leaving a Will, it is the family that suffers. You may want to leave your spouse properly provided for if you die early. You may intend your spouse to have everything you own after your death. But you can only guarantee this if you leave instructions to that effect in a Will.
If you have young children, it is even more important to make a Will. Imagine the worst possible situation, where you and your spouse are not here or are incapacitated, your children will need guardians to be responsible for them until they reach maturity.
Those guardians can be appointed in your Will — and provision can be made for the expenses they will have in bringing up your children.
As remote as these possibilities may seem the reality is that a correctly prepared Will ensures that there is an effective estate plan in place should the unthinkable happen.
There is a common myth that making a Will is complicated and costly.
Baldock Stacy & Niven make it a relatively easy and surprisingly inexpensive process.
The expense is minimal when you consider the cost of not making a Will, and takes out the worry it can cause your family, and the legal bills they may have to pay to have your affairs sorted out.