Not really, as long as you are happy with the following:
Without a will your family will rely on the intestacy rules as set by the state, are you okay with the facts below?
...To my Family
I hereby leave you all several months, possibly years of financial hardship and expense, whilst you go to unnecessary lengths to sort out my affairs
...To my Spouse/Partner
I hereby leave you some (but probably not all) of what I own
...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 Social Services
I hereby leave you in charge of my minor children and give you the authority to put them into care or foster homes or even adoption
...To the Tax Man
I hereby leave you all the Tax that I could have avoided and given to my family
...To my Bank and/or Solicitor
I hereby authorise you to charge whatever you feel necessary to sort out the mess 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!
So, in a nutshell……………
Without a Will:
- You cannot be sure that those you would wish to benefit automatically will actually do so.
- Your spouse/civil partner may not automatically inherit ALL of your estate
- ‘Common Law’ partners will not receive anything
- Minor Children would be taken into care whilst Guardians are appointed
- There could be lengthy delays for your beneficiaries and disputes
Whilst it is not a legal requirement to have a Will, making one is the only way to protect your family and assets in the long-term. Without a Will the value of your family’s inheritance could be significantly reduced, and untold problems and additional costs may arise at a time when the last thing they need is additional difficulty and worry.
Making a Will is the only way for you to take control. It spells out your wishes in the clearest terms and avoids any costly and time-consuming disagreements, giving you the peace of mind that your wishes will be carried out.
For further information or assistance, please contact us via:
Telephone: (01529) 306005 or