If you die without making a Will, all your property and finances (your estate) will be distributed by the intestacy rules, meaning that you cannot control who receives your property. For example you will be unable to ensure that your friends or distant relatives benefit.
You may also want to protect your children from a second marriage. A common concern is that your surviving partner, having inherited the lion’s share of your estate, will remarry and use the inheritance on his/her new partner and children leaving less to provide for your children. By making a Will you can ensure that this cannot happen providing financial security for the future of your children.
Moreover, trusts and effective estate planning can greatly reduce the inheritance tax liability on your estate leaving a larger pot to be distributed between your beneficiaries.
By making a Will you can help safeguard the important people in your life.
For more information contact us…
0207 426 0382