Why should you make a will, after all you won’t be around to deal with the consequences!
If you die without making a will you will have died “Intestate” This means that your estate (all of your property) will be distributed by the rules of intestacy, your estate will go to various members of your family in varying amounts and potentially to the “Crown”
Imagine for a small cost (less than a good night out) you could avoid potentially giving your money to the state. In your will you will state how you would like your estate divided, you can also express your preference to your funeral arrangements, ie burial or cremated.
For couples who own a property together who are not married, making a will is of even more importance, most mortgages are on the basis of joint tenancy, which means that if you die your share will go to the other party/parties to the mortgage. This could cause problems with close family members feeling that they should benefit from the deceased’s estate.
Try before you buy online wills for £29.95 single and £49.95 for a joint mirror will in around 10 minutes.
