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Will as the new Employee Wellness paradigm

  • 2023-05-02

When it comes to employee wellness, having a Will in place is an important aspect that is often overlooked.

A Will is a legal document that outlines how a person's assets will be distributed after their death. While it may not seem directly related to employee wellness, having a Will can provide peace of mind and reduce stress, which can have a positive impact on mental health and overall well-being.

In this blog, we will discuss the importance of having a will for employee wellness and provide some tips for creating one.
 
Why Having A Will Is Important For Employee Wellness
 
Having a Will in place provides a sense of control and security, which can reduce stress and anxiety. Without a Will, the distribution of assets can be left up to the succession laws, which may not align with a person's wishes. This can cause confusion and conflict among family members, which can be emotionally taxing.
 
Having a Will helps ensure that a person's assets are distributed in a way that aligns with their values and priorities. For example, a person may want to leave a portion of their estate to a charity or non-profit organization that is important to them. Having a Will can ensure that these wishes are carried out.
 
Tips For Creating A Will
 
Creating a Will can be a daunting task, but it is an important one. Here are some tips to help one get started:
 
List of Assets: The first step in creating a will is to determine what self acquired assets you have. This includes bank accounts, investments, property, and any other assets of value.

Choose Your Beneficiaries: Next, determine who you want to inherit your assets. This may include family members, friends, or charitable organizations.

Choose An Executor: An executor is responsible for carrying out the instructions in your Will. Choose someone who is trustworthy and capable of handling the responsibility. This is optional.

Make your Will: Now, you can make your Will online from the comfort and privacy of your home at affordable prices

Update Your Will: It's important to update your Will periodically to reflect any changes in your assets, beneficiaries, or wishes.

Conclusion
 
By following these tips for creating a Will, employees can ensure that their assets are distributed in a way that aligns with their values and priorities, which can provide a sense of purpose and fulfillment.  Less stress, more peace of mind. Do speak to your HR, people leaders to offer Will making services. It costs less than a cup of coffee.

Please note that all content provided in the blogs are for informational and educational purposes only. They are neither investment, accounting, taxation nor legal advice, and should be treated as such. The writes make no representations as to the accuracy or completeness of any content or information contained herein or found by following any link on these blogs.

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