Why You Should Make a Will
Many people assume their estate will automatically go to their spouse or partner if they die without a Will. This assumption can lead to complications, especially when intestacy laws don’t reflect your wishes. At Bright Solicitors, we help you understand the importance of making a Will to protect your loved ones and ensure your estate is distributed as you intend.
What Happens if You Don't Make a Will?
If you pass away without a Will, it is known as intestacy. Under intestacy laws, fixed rules divide your estate. For example, if you are married or in a civil partnership with children, your spouse will inherit only the first £270,000 of your estate, along with personal items. The remaining balance divides between your spouse and children.
In some cases, this may not align with your intentions. A real-life example involved a widow whose husband passed away without a Will. His estate divided, leaving her to share her home with a mentally incapacitated child. This caused financial strain and emotional stress, demonstrating why having a Will is vital.
The Risks of Dying Without a Will
If you're not married or in a civil partnership, intestacy rules do not provide for your cohabitee. In this case, your partner must make a claim against your estate, which could result in significant costs and lengthy delays. This can cause financial hardship and emotional strain during an already difficult time.
Why You Should Make a Will
Making a Will ensures your estate distributes according to your wishes. Some key benefits of having a Will include:
- Control over Estate Distribution: Decide how your assets should divide.
- Appointing Executors: Name the person responsible for administering your estate.
- Guardianship for Children: Choose who will care for your children.
- Minimising Legal Conflicts: Reduce the chance of disputes over your estate.
How Bright Solicitors Can Help
At Bright Solicitors, we offer expert advice on Will preparation. Whether your needs are simple or complex, we take the time to understand your circumstances and provide tailored solutions.
Our services include:
- Straightforward Will Drafting: Clear, easy-to-understand Wills for all family situations.
- Complex Wills: For blended families, large estates, or those with specific wishes.
- Updating Wills: Keep your Will current as your life circumstances change.
Get in Touch
Making a Will is one of the most important decisions you can make for your family. At Bright Solicitors, we help you secure peace of mind and protect your legacy.
Please contact Carly Jeffery if you would like to discuss how we can help you by calling 01752 388883 or by email to Carly.Jeffery@brightllp.co.uk
