Many people don't make a will because they assume it is costly, complicated or even think it is morbid. However if you die without a will (this is called "intestate") the law decides who gets what and may not distribute your money, property and possessions (your "estate") in the way you would like. Did you know for example that if you die intestate the law does not recognise 'common law' partners or step children? (For more detailed information click on one of the links below).
Although drawing up a will sounds like a very complicated legal process, a will is really just a letter describing how your assets should be distributed in the event of your death. There is no need for a will to be drawn up or witnessed by a solicitor. You could buy a standard form from legal stationers, or even download one from from the internet. If you decide to draw up the will yourself it is worth having it checked, especially if it is not straightforward. Any mistakes could cause disputes or difficulties - and possibly considerable legal costs - after your death.
For more detailed information click on the links below:
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