You cannot be sure that those you would wish to benefit will actually do so
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 can 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.
You cannot be sure that those you would wish to benefit will actually do so
Your spouse / civil partner may not automatically inherit ALL of your estate
Common-law partners may be granted no benefits at all
Taking minors into care until the guardians are appointed
Delays for disputes and beneficiaries
There are specific rules of intestacy which set out who will inherit and by how much, if you do not leave a valid Will. This may not be what you would have wished and in worse case scenarios, family can be disinherited or where relatives cannot be traced, your assets will eventually be taken by the Crown.
All of these issues can be avoided by writing a simple Will, ensuring that those you would like to benefit actually do so, in accordance with your wishes.
To make life easier for you, Lifecare Planning Solutions Ltd offer two ways in which you make your Will.
There are specific rules of intestacy which set out who will inherit and by how much, if you do not leave a valid Will. This may not be what you would have wished and in worse case scenarios, family can be disinherited or where relatives cannot be traced, your assets will eventually be taken by the Crown.
All of these issues can be avoided by writing a simple Will, ensuring that those you would like to benefit actually do so, in accordance with your wishes.
To make life easier for you, Lifecare Planning Solutions Ltd offer two ways in which you make your Will.
Call our Freephone Number below and ask to speak with one of our advisors, who will discuss your requirements and if you wish to proceed, take your instructions over the phone. Once your Will has been drafted, we Will post it to you along with instructions so you can ensure it is signed and witnessed correctly.
In addition to Wills, Lifecare Planning Solutions are able to offer advice on Trusts, Lasting Powers of Attorney, Probate & Inheritance Tax Planning.