You can read more about this in The Telegraph by clicking here
If you don’t make a will, your estate will be distributed according to the rules of intestacy – as described in The Telegraph article, which may mean that your loved ones will not benefit as you would wish them to.
With no will, your estate will be subject to this statutory set of rules which leave a person’s estate to their next of kin in a fixed order. Under the rules of intestacy, only certain people can inherit your estate, and that may not be the people you would want to inherit, which is one of the reasons that making a will is so important. It’s also important to note that if you do make a will, but it’s found to be invalid, your estate will be distributed according to the rules of intestacy.
To make sure that your estate goes where you want it to when you die, contact us now for first class advice on making a will and how to ensure that your family do not pay more inheritance tax than they should. You can read our wills, estates and trusts pages on this web site here or contact us on 0114 358 9009 to make an appointment for a confidential meeting. You can also email us at wills@graysons.co.uk
The picture shows David Coffey, head of our wills and probate department.