Many of us put off making a will, but it is one of the most important things you can do for yourself and your family. Because it tells your loved ones how you wish to distribute your estate, which comprises your property and assets.
If you die without a will, then you die ‘intestate’, and sorting out your estate is much more complicated. It may also have implications for Inheritance Tax, and will delay your loved ones’ inheritance.
If you have a will your executors can speedily apply for probate (proving the will is valid). Without a will the rules of intestacy apply. Also, if your partner dies and you were not married, then under these rules you don’t always inherit.
If it’s a while since you created your will, then it’s a good idea to review it as it may need updating.
To talk to the expert team at Optimum, based in Swindon, Wiltshire, about making or revising your will please get in touch.Make an enquiry