Guides Preparing for death

Writing or updating your will

Year in Wills report 2022

Welcome to Farewill’s Year in Will’s Report 2022. Dive in to discover the patterns we’ve seen throughout the year, what they suggest about the way the UK plans for death and how charitable legacy giving is on the rise despite the financial crisis.

What is a will trust?

A will trust is any trust that’s included as part of your will. By setting up a trust, you can pass control of your assets to your “trustees”. They can then transfer the funds to beneficiaries following the wishes set out in your will.

What happens to your business when you die?

When it comes to writing a will, it’s important to have a plan in place for your business. Here’s everything you need to know about leaving a business in your will.

How to revoke a will

Our guide explains how to revoke (cancel) your will, why you might want to do so, and why it’s a good idea to review your will every two years

Things to consider when writing your will as an LGBTQIA+ person

Your will can be an important way of expressing what you’d like to happen when you die, especially as an LGBTQIA+ person. A lot of it is legally binding, meaning it has to happen as you’ve written it, but there are some limits to this.

The Year in Wills Report 2021: The year funerals got personal

As the pandemic made its way into 2021, we saw how another year of uncertainty had an impact on the thousands of wills written with us. We’ve put together our annual report, which looks at some of the biggest trends in will writing we’ve seen this year.

What is a codicil to a will?

A codicil is a legal document that allows you to amend an existing will. This can be helpful if you want to add new family members or leave gifts to charities, but it’s better to write a new will for larger changes.

Do unmarried couples need a will?

Unmarried partners don’t inherit anything when their partner dies in the UK, so it’s really important to have a will in place to set out your wishes. This can cover everything from money in the bank, to pensions, to the property you share.

How to manage your Farewill account

We created our online will writing service to make writing a will simple and stress free – and the same goes with managing your account. From resetting your password to cancelling your subscription, you can find out exactly how to do it here.

How to update or amend a will

Our unlimited changes that you can get with your will make it quick and easy to update it in the future. Here, we look at how it works and why it's so important to keep your will up to date.

Who can witness and sign a will?

A will can be witnessed and signed by anyone over the age of 18 – such as a neighbour, friend or colleague. The only rules are that they can't be a beneficiary of your will, married to a beneficiary, or blind.

What happens after you’ve written a will?

Our online will writing service makes it quick and easy to write a will from the comfort of your own home. Here, we'll cover what happens next to make your will legally binding, plus some tips on storing it safely at home.

How to avoid inheritance tax

You can avoid inheritance tax by leaving everything to your spouse or civil partner in your will. Alternatively, you could reduce your inheritance tax bill by giving gifts while you're alive or leaving part of your estate to charity.

What are STEP provisions and why are they important?

When you write a will with Farewill, it includes some general provisions that grant additional powers to your executors and trustees. Here, we’ll cover what these are and why you need to know about them.

GuidesPreparing for death