So what if you don`t ? if you die without a will you will have died intestate, this means that the state will decide how your estate is distributed using a pre-defined format, this could mean that those who you wanted to benefit from your estate may not do so.
These are the reasons we often here for not making a will:-
- One of the reasons we here is " when i make my will I will die " All you are doing when preparing your will is putting in place your final wishes in preparation for the day you will eventually pass.
- I don`t have any money to leave, so why bother.Most people have assets, the one they always forget about is their property.
- I haven't got anyone to leave anything to.We can all think of someone we can leave our estate to, maybe a distant relative. If you can`t think of anyone, and you have no living relatives your estate will go to the crown, do you really want that ? there are many worthy charities who rely on bequests from peoples wills, so why not choose a charity.
- I can`t afford to make a will. Actually the response here is , can you afford not to make a will.By not protecting your estate especially your property, you may lose everything to Long Term Care Costs for example. For more information on protecting your property visit www.mcwillwriters.co.uk .
