It doesn’t matter what age you are, everyone should have a Will.
You work hard to provide for your family. 27 Million people in England and Wales do not have a Will – make sure your estate goes to exactly who you want it to.
New research shows that that 79% of married couples with children have not made a Will
It is a common misconception that you do not need to make a Will because everything will automatically go to your husband / wife.
If you die without having made a valid Will the law decides who gets your estate. Who gets what depends on the relatives you leave and the size of the estate. A spouse will not automatically inherit the whole of the estate and an un married partner or Unregistered Civil partner will not benefit at all.
If you have children, then everything will not go to your spouse, they would only be granted the first £125,000 under intestacy rules. This may sound like a lot of money, but when you compare it to the value of your property, you can see how quickly problems can arise.
By making a Will you can make sure that your estate goes to exactly who you want it to, in the shares you want. This can avoid family arguments and expense.
Guardians
If you have young children, you should consider appointing guardians to take care of them if you die while they are still young. Even if you have “god parents” we all know that the choice of godparent is sometimes an emotional decision made at a specific time.
This is usually done whilst making your Will.