Do I need a Will?
- Do you have a partner?
- Do you live alone?
- Have you any children under 18?
- Have you any older children or other adult dependants?
- Have you any children from a previous relationship?
- Do you own your own property?
- Are you and your partner unmarried?
Do I need my Will upgraded?
In our experience and research we found a very high percentage of clients who have already prepared wills do not have the following
- The provision to protect their property from the local authority if the surviving partner requires residential care
- The provision to protect your children's inheritance if your spouse remarries and your children become disinherited in favour of the new partner's family.
The answer is to set up a Protective Property Trust.
What happens if I don't make a Will?
If you don't have a Will you are said to have died intestate. This can mean the rules laid down by the State will decide what is given to whom. Many people wrongly assume that their spouse will automatically inherit everything. This is not always the case.
If you have ever been divorced or separated it is best that a Will is made since an estranged partner may inherit and the current partner miss out.
So having spent a lifetime amassing property and possessions isn't it worth spending an hour making sure your loved ones are cared for when you're gone?
If you have young children you could take the opportunity when writing your Will to appoint guardians to look after them should tragedy leave them orphaned. This is obviously a far better option than having the courts decide who should care for them.