Your Will is probably the most important document you will ever have written for you!
We admit that this is a bold statement; why is this?
In a nutshell, if you hadn't made a will, then the Government has written one for you; it's called the law of intestacy…but its effects might not be what you expect. If you die without making a will then at least one of the following will apply to you:
Five compelling reasons you need a Will
- It is a common misapprehension that husbands and wives are entitled to everything from each other. They are not. For a married couple, when one dies, the survivor may not inherit everything, possibly including the family home.
- If you are partners and don't have wills, only members of your own family will inherit - NOT your partner. Intestacy provides a strict order only within your family as to who gets what; there is little flexibility in the law.
- Appointing a legal guardian is one of the most important parts of a will for those with children under the age of eighteen. If you don't have a Will then Social Services could become involved and may need to appoint a legal guardian for you in your absence.
- More and more ordinary people are at risk from paying inheritance tax on their death: money which won't go to their loved ones. This can be minimised or even eliminated through certain types of wills, written by a specialist Will writer.
- If there is someone who you don't wish to receive an inheritance from you then without a Will and access to specialist advice you might not be able to prevent them from gaining an inheritance.
Call us to discuss how we can help.
Tel: 0115 840 3548
E-Mail: enquiries@tansleywills.co.uk
Tansley Wills
5 William Close
Gedling
Nottingham
NG4 2QX
