What happens if I die without a Will?
- If you’re not married or in a civil partnership, your partner is not legally entitled to anything when you die
- If you’re married, your husband or wife may inherit almost everything and your children may not get anything even if you are separated
- Any Inheritance Tax that your estate has to pay may well be higher than it would be if you had made a will
- The law decides who benefits from your estate which may not be what you wanted
- If you have children under 18 you have no say in who looks after them when you are gone
Why should I have a Will?
- There are many benefits to making a Will. There is great peace of mind in knowing who will be managing your affairs after you’re gone
- A correctly written and properly stored Will ensures that your assets and valuables will go where you choose; your children, partner, relatives, a charity, etc. Only by making a Will can you be sure that these wishes are carried out
- If you have children under 18 it also gives you an opportunity to name a person or persons as Guardian to care them
- You can also reduce your Inheritance Tax liability and guard against future potential Care Home Fees with a professionally written Will
- You can make your own funeral arrangements by specifying them in your Will
Why use True Blue Wills?