To decide who inherits your possessions property and money
To minimise the amount of money your estate pays to the Taxman
To appoint guardians for young children
To set up trusts for the benefit of children or to protect funds
Leave a legacy to charity or to make provision for a family pet
To make provision for your funeral
To ensure that anyone not named in the will is unable to make a successful claim on the estate
To appoint executors and trustees of your choice
To advise of any particular gifts to individuals or organisations
’Peace of mind‘
If you are not married or in a civil partnership, your partner will not inherit from you.
It is commonly believed that husbands and wives are automatically entitled to inherit everything from each other, but this is not the case.
You cannot prevent certain members of your family benefiting from your estate.
If you die ‘intestate’ (without a Will), this means that your possessions will be distributed according to the law of intestate.
Absence of a Will can cause problems, heartbreak, financial hardship and unnecessary expense for your family at the very worst possible time.
If you have a complicated family structure then with no Will, family disputes will arise
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