Making a Will
The vast majority of people put off making a Will for a variety of reasons, either believing that the people they would wish to inherit will automatically do so, or because they don’t think it is relevant to them at this particular time. The reality is that you can put off making a Will until it is too late and this poses all sorts of problems for the people left behind and could mean that some or all of your inheritance either goes to the wrong person or to the state. If you do not make a Will, the Rules of Intestacy will decide who will inherit your estate and by how much. This can sometimes lead to the wrong people inheriting your estate in some instances creating problems for your loved ones. Without a Will:
- You cannot be sure that those you would wish to inherit will actually 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