Wills Facts

1. 75% of you reading this do not have a will
2. Making a will is the ONLY way you can decide who gets what after your death
3. Die without a will (Intestate) and the State decides for you according to strict rules
4. An out of date will can be as damaging as not having one at all. You should review an existing will at least every two years
5. In the event of your premature death protect your children and use your Will to appoint Guardians of your choice to look after them until they reach 18
6. Getting married or entering into a civil partnership automatically revokes any existing will that you may have
7. Die without a will and there are circumstances in which your spouse or civil partner may only be entitled to a Statutory Legacy from £250,000 from your estate leaving them financially exposed
8. Unlike adopted children, step-children have no inheritance rights in respect of the estate of a step parent. Protect all children of the family by making a will
9. Co-habiting couples have no inheritance rights in respect of each others estates irrespective of the length of the relationship which can create serious financial hardship for a surviving partner
10. Getting divorced or dissolving your civil partnership? Your soon to be ex could still inherit (under an existing will or intestacy rules) if you die before the final decree is pronounced. Protect your assets and make a will now
11. Do you own a property jointly with another person? Hold it as joint tenants and on your death it will pass to the surviving joint tenant and your share of the property will be lost to your estate

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