7 out of 10 people have not made a WILL- that is more than 27 million people in the UK who do not have a Will – which means that their estates will pass under the laws of intestacy and their family members will be left behind to deal with a potentially distressing situation.
Sadly just one in five parents has a Will and many are unaware that should the worst happen – their child’s future will rest in the hands of the courts who will decide who the child goes to live with.
According to recent research, 40% of parents who didn’t have a Will said that it was ‘sitting on their to do list’ but that making a Will wasn’t a priority. 29% said they simply didn’t have the time to make a Will and 20% said that making a Will was too expensive.
Of the parents who do have a Will, the top reason for having a Will was to ensure that their spouse/partner inherited the whole of their estate, and to appoint guardians for their children should the worst happen.
Reasons for making a Will:
Many people are put off making a Will, because they feel they are not at 'that' stage in their lives yet. However no matter what age you are or what your personal circumstances may be - making a Will really is a vital part of planning for the future of your loved ones. It is also the only real way of guaranteeing your wishes are respected after your death.
If you have young children, it is essential that you make a Will to appoint guardians to take care of your children after your death.
If you do not make a valid Will the law decides what happens to your estate and this is known as the rules of intestacy:
Things to be aware of!
Your spouse/civil partner may only receive a small part of your estate
Co-habiting partners, non-blood relatives and friends will not automatically receive any part of your estate
Children from a previous relationship may miss out on a share of your estate
Children or grandchildren may receive a share of your estate against your wishes
Your family heirlooms may pass outside of the family
Your entire estate may pass to the crown
You do not get to choose who administers your estate
It will be too late to state any funeral wishes
Time to Act!
Writing a Will really doesn’t have to be a difficult task.
With this in mind we would be delighted to introduce you to a bespoke Will Writing Service from an award winning Law Firm.
This first class Will Writing service is provided by Flint Bishop Solicitors (trading as IFA Legal Services) and they offer a high level of customer service and expertise in this field.
This means that you will deal with a trained professional over the phone, by post or on-line in the convenience and privacy of your own home at a time that suits you. It’s quick, easy and available to you at a low cost with no obligation.
We believe this service should meet most people’s requirements so please do let us know if this may be of interest to you and we will make all of the arrangements for you.
We look forward to hearing from you.
It’s your Will - it’s certainty for your Loved Ones!