Write your Will online

Yes, you can include your funeral wishes in your Will, such as whether you would prefer to be buried or cremated, and any special requests you may have. These wishes are usually not legally binding, but they give helpful guidance to your family and can make decisions easier at a difficult time.

Yes, you can update your Will if your circumstances or wishes change, for example after a marriage, divorce, new relationship, birth of a child or major change in your finances. You can usually do this by making a new Will or using a legal document called a codicil. It is a good idea to review your Will regularly to check it still reflects what you want.

The Trust is different to a will as writing your life policy into a trust is designed to prevent your life policy forming part of your estate. If the life insurance payout was part of your estate, it can take a lot longer to be paid to the Beneficiary and could also be subject to inheritance tax.

No, a Will and a life insurance trust are not the same thing.

A Will sets out what you want to happen to your estate when you die.

A life insurance trust is a way of arranging your life insurance so that any payout is usually paid into a trust and managed by your chosen trustees for the people you want to benefit.

You can have both, and they can work alongside each other as part of your wider planning.

If your finances are straightforward, an online Will service may be suitable. If you have more complex assets, for example multiple properties, business interests or overseas assets, you may need extra help. In those cases, it can be sensible to speak to a legal professional who specialises in Wills and estate planning to make sure everything is set up properly.

You can leave many different types of gifts in your Will, including:

Specific items (for example jewellery, a car or personal belongings)

Sums of money

A share or all of your remaining estate after other gifts and costs

Some people also choose to leave gifts to charities or causes that matter to them. A Will lets you set this out clearly so the right people and organisations benefit.

A Will allows you to specify individual possessions or specific amounts of money which you would like to gift to those you care about. The most important thing is that you describe any gifts clearly and state exactly who will inherit the gifts, so that there is no chance of confusion. The Farewill Will writing service includes human checks to ensure your wishes are clear.

The Trustee is the person who will go to the insurer and make the claim and mainly oversees the Trust. The Beneficiaries are the ones that will benefit from the policy. It’s the Trustee’s duty to honour the Trust and distribute the funds in accordance with what is set out in the trust, taking into account the settlors (your) wishes. You should bear in mind that there are different trust types, some that give a lot of flexibility for trustees to oversee the trust as they see fit.