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Securing Futures: Will Writing - The Inclusive Employee Benefit

March 7th, 2024 3 mins
Will writing is a vital and inclusive employee benefit beyond financial planning; it's a commitment to employees' holistic well-being. Regardless of age, background or life stage, everyone can benefit from the peace of mind that their loved ones are being protected and their wishes will be carried through.

Will writing as a benefit reflects an understanding of the diverse personal circumstances of every employee. It recognises that life is unpredictable, and providing a tool for individuals to safeguard their assets and articulate their wishes ensures that employees feel supported in every facet of their lives. 

How is Will Writing an inclusive benefit? 

Every employee requires security and Protection 

Will writing is not solely reserved for senior employees or those with substantial assets. At any age, employees may have dependents, financial obligations, or personal assets that warrant protection. From young professionals to seasoned workers, the sense of security derived from having a Will extends beyond monetary considerations, offering peace of mind to employees at all stages of their careers. 

Caring for the employee’s wellbeing beyond the office 

An employer's commitment to the well-being of its workforce extends beyond professional development and health benefits. Providing will writing as an employee benefit communicates a genuine care for employees' personal lives. It showcases a commitment to supporting employees not only during their tenure with the company but throughout the entirety of their lives, acknowledging the importance of holistic well-being. 

Providing support for the unpredictability of Life 

Life is inherently unpredictable, and employee benefits should reflect this reality. Offering Will Writing as an employee benefit recognizes that personal circumstances can change suddenly, irrespective of age. It provides a tool for employees to navigate life's uncertainties, ensuring that their wishes are legally documented, and their loved ones are cared for in the event of unforeseen circumstances. 

Will Writing for every life stage 

Employees at early stages of their career 

Young professionals entering the workforce might not prioritize Will writing, considering it a concern for later stages of life. However, encouraging them to engage in end-of-life planning early on establishes responsible financial habits.  

This proactive approach fosters a culture of forward-thinking among young professionals, equipping them with the necessary tools to navigate unexpected life events.  

Education and exposure to financial wellbeing topics will also have a trickle effect on empowering employees to ensure that their family members and loved ones are also protected.  

Employees midcareer 

Employees in the middle of their careers often experience significant life changes, such as marriage, parenthood, or the acquisition of property and assets.  

Will Writing becomes a crucial tool for addressing these milestones, ensuring that their evolving family and financial situations are accurately reflected in their estate and life planning. 

Seasoned Executives and Retirees 

For executives approaching retirement or retirees enjoying their golden years, Will writing takes on a different significance. It becomes a means of preserving the legacy they have built over a lifetime. This stage often involves complex financial portfolios and wishes, and a Will ensures a smooth transition of assets to heirs or beneficiaries. 

 

Employees come from various walks of life, each with unique family structures, relationships, and financial responsibilities.  

Will writing, as a universally applicable benefit, recognizes the diversity within the workforce. It acknowledges that individuals may have dependents, varying financial portfolios, or specific wishes for asset distribution. By providing the tools for employees to articulate their unique circumstances, employers demonstrate a commitment to understanding and supporting the individual needs of their workforce. 

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