 Investments Services
Nothing can detract from the grief felt when a family member dies, but one thing that can add to this stress is when there is no will.
The official term for leaving no will is dying intestate, and it can cause difficulties for the bereaved because it makes the process of settling your affairs more complicated. Sometimes it can even cause real hardship. For example, if you're not married - even if you've lived with someone for years - under the rules of intestacy, your partner may not receive anything.
One of the other main reasons for making a will is to ensure that your estate is distributed between your surviving relatives in the most tax efficient manner.
Following the increases in house prices over the last number of years a large proportion of us will have property that pushes us over the Inheritance tax threshold.
Planning now through writing a will ensures that all those years spent building up you wealth is not squandered in tax on your death.
If you intend on making your will as simple as possible you can potentially save the cost of using solicitors to draw up one.
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