DID YOU

KNOW?

10 REASONS WHY YOU NEED TO MAKE AN ISLAMIC WILL:

1. It is your religious duty. Prophet Muhammad (ﷺ) said, “It is not permissible for any Muslim who has something to will to stay for two nights without having his last will and testament written and kept ready with him.” [Bukhari].

2. You can save often hundreds of thousands of pounds in inheritance tax – the inheritance tax rate is 40% and applies to all assets you have over £325,000 (with some exceptions).

3. You can avoid major family disputes by creating a legally binding will that specifies how your estate should be distributed.

4. You can save your inheritors literally thousands in extra legal, court, and inheritance tax payments (£9,700 is the average cost of dying without a will according to mainstream will-writer Farewill).

5. You can save your inheritors and executors a lot of time, stress, hassle and worry by clearly laying out who is an executor, who is your children’s guardian, and who gets what. You might think that your wife or your husband is going to sort things out for you, but what if a family member starts disputing that after you’re gone? Clarity is always best.

6. You don’t want to leave something like the guardianship of your children to the family courts – who may decide in favour of someone you wouldn’t be happy with.