What have I got to leave?
When making a will, you need some idea of what your estate is worth. Believe it or not, this can be quite fun to work out. This page could help you if you print it, complete it as best you can, and give it to your solicitor. You might be surprised at the final total…
| £ | |
|---|---|
| Mortgage – how much do I owe? | |
| Credit cards – how much do I owe? | |
| HP – how much do I owe? | |
| Overdraft – how much do I owe? | |
| Loans – how much do I owe? | |
| Any other liabilities you can think of | |
| TOTAL DEBTS | |
| House – worth approximately how much? | |
| House contents – worth approximately how much? | |
| Any other building property and land – worth approximately how much? | |
| Car, motorbike and other transport – worth approximately how much? | |
| Special value items, such as jewellery – worth approximately how much? | |
| Bank accounts – worth approximately how much? | |
| Savings and Premium Bonds – worth approximately how much? | |
| Shares and investments – worth approximately how much? | |
| Pension and insurance – worth approximately how much? | |
| Anything else you can think of | |
| TOTAL ASSETS | |
| SUBTRACT YOUR TOTAL DEBTS | |
| THIS IS MORE OR LESS WHAT YOU HAVE TO LEAVE |
I recommend consulting a solicitor when making a will.
Wise's Whimsical Wills
The most unusual legacy left to Oxfam during my time there was a small box
containing a complete set of false teeth. Once over the surprise, we read
the instruction that we get the gold content valued and sell it for Oxfam's
work overseas. It turned out to a generous gift.