If you do not have a Will, you have no say over what happens to your assets when you die. This can cause difficulties for those you care about.
Everyone should have a Will and this is particularly true if you own property, are married, have in a civil partnership or have a long-term partner. It also applies if you have children or other dependants, or if you wish to leave a gift to someone who is not a close family member.
Many people believe that, if you are married or in a civil partnership, your spouse or civil partner will automatically inherit everything you own when you die. In fact, the law sets out rules that determine how your assets are to be divided if you should die without leaving a Will.
Equally, the rules make no provision for a partner if you are not married or in a civil partnership, even if you have lived together for many years. It is possible to write your own Will, but it is a good idea to seek professional advice.
Your Will is important, and professional advice will ensure that your Will complies with all the legal requirements. A professional service also ensures that your instructions are clear and will be followed after your death, and that you have taken advantage of any tax reliefs available to you.
Free Estate Planning Guide
Learning how to protect your assets can feel like an overwhelming topic. Our free estate planning guide will help you to understand the process and how to get started.