Writing a Will is something most people try to avoid doing, and is the one task that usually gets pushed to the bottom of our to-do lists. However, a Will is an extremely important document, and not having one in place can cause problems for your loved ones after you’re gone.
When a person dies without having created a legally valid Will, this is known as dying intestate. In such cases, your estate will be distributed according to the laws of intestacy. These dictate who will inherit your estate and who is in charge of distributing your assets.
This means your estate may not be dealt with as you would have liked, leaving you with no say in what happens to your property, finances, belongings, and even pets. Since unmarried partners, stepchildren and foster children are not accounted for, dying intestate can also lead to loved ones being disinherited.
The rules of intestacy can get complicated, especially since everyone’s situation is unique. We have developed a short questionnaire that can help you see exactly how dying intestate will affect your loved ones.
Completely anonymous and taking less than one minute to complete, the results will be displayed straight away on your screen. This will show you exactly how your estate would be distributed if you were to pass away without having a Will in place.
These results will give you insights into how the people in your life could be affected. If you want to put yourself back in control of your own estate or would like more advice, then the Fodens team are always on hand to offer personal guidance.
Our experts can help you create a legally binding Will that not only secures the future for your loved ones, but also protects your estate by making the most of the allowances available to you.
Whatever you decide, we can help you and your family find peace of mind for the future. Get in touch today.
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