Wills and Probate
No one likes to think about their own death, and this is probably why most people don't make a will. As a result many people die every year without a Will and the estate either goes to distant relatives who are legally the next of kin or, in some cases to the Crown.
Those you leave behind may also find administering your affairs much harder, and end up paying more inheritance tax. It's especially important that you make a will if you have young children, a handicapped spouse, you are separated or divorced, or you have an unmarried partner.
The only way to be sure who is to inherit your estate after you die is to make a properly drafted Will.
Wills should be reviewed regularly and particularly if certain events occur such as:
- you get married, separated or divorced
- you have children
- you move house
- one of your executors dies or wishes to stop being an executor
- a beneficiary dies