“I don’t need a Will — I’m leaving everything to my partner.” If I had a pound for every time I’ve heard that, I’d be rich. And sometimes it does work out like that — but not necessarily.
If your estate is worth less than £250,000, it may be fairly straightforward, as long as you’re married or in a civil partnership. However, if it’s any more than this (and bear in mind this figure would include the value of your home) the law will decide how to divide up your estate, and this may not be what you intended.
The best way to avoid these risks is making a Will. Contact us if you need more information about the process of writing a Will.
Unmarried Couples Are Especially at Risk
One group that is particularly vulnerable is cohabiting couples — those who are living together but are not married or in a civil partnership. Under the intestacy rules in England and Wales, a cohabiting partner has no automatic right to inherit, regardless of how long you have been together. Your estate would instead pass to your closest blood relatives, which could leave your partner with nothing.
Even if you are married, a Will ensures your exact wishes are followed. Without one, the rules may split your estate between your spouse and children in a way you would not have chosen — or leave out people who matter to you, such as close friends or step-children who have not been formally adopted.
Our will writing service is the simplest way to take control of who inherits your estate. You might also find it useful to read about what actually happens if you die without a Will or how often you should review it. Contact us for a free initial consultation.
