Understanding Intestacy: When You Don't Have a Will

If you die without a valid will, your estate (money, property, and possessions) will be distributed according to the UK's intestacy rules. These rules dictate who inherits your assets, potentially leading to unintended consequences and causing unnecessary stress for your family during an already difficult time.

Here's a breakdown of how your estate might be distributed under intestacy:

• Spouses or civil partners: Inherit everything if you have no surviving children.
• Children: Inherit the entire estate if you have no spouse or civil partner.
• Parents: Inherit the entire estate if you have no spouse, civil partner, or children.
• Grandchildren or other relatives: If you have no spouse, civil partner, children, or living parents, your estate may be divided amongst more distant relatives.

Important Points to Consider:

• Intestacy rules may not reflect your wishes.
• Unmarried partners or stepchildren have no automatic inheritance rights unless named in a will.
• Disputes can arise over intestacy interpretations, causing delays and additional legal costs.

Safeguard Your Future: Create a Will Today

Having a will is the only way to ensure your assets are distributed according to your wishes. You can specify who inherits what, appoint guardians for minor children, and minimize the risk of family conflict.

Benefits of Having a Will:

• Peace of mind: Knowing your loved ones are cared for provides comfort.
• Clarity and control: Define who inherits your estate and how it's distributed.
• Reduced risk of disputes: Minimize misunderstandings and legal complications.
• Appointing guardians: Choose who cares for your children if you're no longer able.
• Tax benefits: In some instances, a will can help minimize inheritance tax.

Get Expert Help:

Don't leave your wishes to chance. Contact a will writing professional today and ensure your legacy is handled according to your wishes.