If you die without a Will then all your assets will be divided according to the Intestacy Laws and most definitely not as you may wish.
Who would look after your children? They could become Wards of the State without Guardians appointed in your Will.
There is no such thing as a ‘common law partner’ in the intestacy rules and as such your partner will receive nothing.
Have you remarried? – then your Will is revoked and invalid.
What is stopping you putting a Will in place? Call us to discuss, it is not so scary as you may believe.
23 March 2021
The views expressed in this blog do not in any way constitute advice and are specific to the date noted. As time passes the facts can change and readers should consult their adviser for up to date advice on any matters covered within the blog. Invest Southwest offers an initial review, which is free of charge, however long it takes. From this we will be able to confirm how we can help and give you an opportunity to decide if you would like us to. Thereafter, we will provide you with detailed recommendations and exact costs. Please note that we promise not to levy any kind of fee unless we can demonstrate a benefit to you.
- How do you own your property? And why does it matter when you die?
- Vulnerable Person Trusts
- How to Leave up to £1 Million to Your Loved Ones Tax Free - a Two-part Guide: Part 2
- How to Leave up to £1 Million to Your Loved Ones Tax Free - Part One
- Adult Children and Management of Their Finances