Without a Will
You cannot be sure those you would wish to benefit will do so.
Your spouse/civil partner will not automatically inherit ALL of your Estate.
‘Common Law’ partners may not receive anything.
Minor children could be taken into Care whilst Guardians are appointed.
There could be lengthy delays for your Beneficiaries and disputes.
You cannot prevent certain family members from benefiting.
You will not be able to leave something to friends, colleagues or charities, which fall outside of the Rules of Intestacy.
In the time it takes to read this information, someone, somewhere will have died Intestate – that is, without leaving a valid Will.
It’s never too early but often too late!
You can put off making a Will until it is too late, and this poses all sorts of problems for the people left behind. Not making a Will could mean that some, or all of your Inheritance either goes to the wrong person, or to the state.
Making a Will enables you to plan exactly what will happen to your property (Estate) following your death. This ensures that those you would want to benefit do so, in accordance with your wishes, and avoiding any possible disputes between relatives. Most importantly, making a Will provides peace of mind.
If you don’t have a Will
For those people who have died Intestate, the government has written a standard Will, which will almost certainly contradict what their wishes would have been…
To my Family
I hereby leave you all several months, possibly years, of financial hardship and expense, whilst you go to unnecessary lengths and expense to sort out my affairs.
To my Spouse/Partner
I hereby leave you some (but probably not all) of what I would have wanted you to have.
To my Children
I hereby leave you the remainder of my Estate and give you the authority to enforce the sale of any part of it (including the family home) to realise your Inheritance.
To the Tax Man
I hereby leave you all the Tax that I could have avoided and given to my family.
To Social Services
If my children are orphaned, I give you the authority of Guardianship and the power to choose who shall look after them, including allocating them to foster parents.
To my Bank and/or Solicitor
I hereby authorise you to charge whatever you feel necessary, to sort out the mess that I have left behind. I realise that this could make you one of the major Beneficiaries of my Estate.
To everyone else I leave you nothing!
The absence of a Will can cause problems, heartbreak, financial hardship and unnecessary expense for your family, at the very worst possible time.
For a small investment of time and money you can choose exactly what you want in your Will, protecting your loved ones whilst enjoying peace of mind.