Why make a Will

If you die without a Will, you are deemed to have died ‘intestate’ and the law – rather than you – decides who inherits your estate.

If you are intestate your estate will be split depending on its value to family members including your partner (if married), children, parents and siblings. If unmarried and intestate your grandparents can also benefit. If there are no relatives found the property passes to the Crown. You may not want that.

Making a Will is the only way to ensure that your wishes are carried out after your death. If you make a Will, you can:

• Decide how much money is left to each of your family members

• Specify who will become the guardians of your children

• Pass your estate to an unmarried partner

• Choose who you want to be the executor of your Will

• Leave something to charity

• Give a memento, like a piece of jewellery, to a treasured friend

• If in a new relationship, you can ensure that your children from previous relationships get legacies, avoiding so-called “sideways disinheritance”.

for more information on a Will and which is most suitable for your financial needs please call us on 01489 580020

 

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