Legal Information about Making Wills Penrith
Legal Information about Making Wills
Wills
You can't take it with you, but you can at least make sure you know where it's going after you've gone. A will is the only sure way to make sure that your money and property go where you want them to, yet around two-thirds of the adult population have never made a will and even a third of the over-50s have yet to put their wishes down in writing.
Common reasons for not making a will include “I'm too young”, “I've nothing of value to leave” and “it hadn't occurred to me” but it is never too early to write a will and what is certain is dying without a having made a will (the technical term is “intestate”) is good news for those relatives you fell out with years ago, but very bad news indeed for your nearest and dearest.
Don’t assume everything will go to your partner or children if you die
You may assume that your worldly goods will automatically pass to your partner or children on your demise, but your heirs (especially if you have step-children or other complicated family arrangements or you are not married or in a civil partnership) may find other family members making claims on your estate and will definitely find it takes a lot longer to get their hands on your loot.
The Government is waiting for those who die without a will
Even worse, if the Government can't find any obvious beneficiaries, your assets are claimed by the Treasury and given to Gordon Brown.
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