Having a Will gives you peace of mind that your wishes are known
- Appoints guardians for children and passes on parental responsibility
- Protects inheritance for children, step children and grandchildren
- Make funeral requests know
- You may want to leave something to friends, colleagues or charities. This will only happen if you have made a will
- Making a Will is essential if you are to ensure that as much as possible of your wealth benefits those whom you choose, and is not taken by taxation, unnecessary legal costs and beneficiaries chosen by the law.
What happens if I don't make a Will?
If you have not made a will it is called "Intestacy". If a person dies without leaving a valid Will He or She is said to die "Intestate".
This may occur because the deceased never made a Will at all, or because the Will was revoked and another was not made, or because the Will is invalid.
The laws of intestacy is in place to say where your estate passes to, who deals with it and what rules they have to follow.
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