![]() |
198 The Broadway Tel: 01702 559191 |
||||||||
|
|||||||||
|
If you die “intestate” (without making a Will) this means your possessions will be distributed according to strict rules laid down by Act of Parliament. These provide exactly what a surviving spouse, children and relatives will get. They could result in the surviving spouse having to sell the family home to provide for herself/himself. Unmarried partners, step children and in laws will get nothing under the rules. The surviving spouse may not inherit everything either! The rules mean that no one will get anything unless related to you by blood or marriage and not necessarily then! The person who takes charge of your estate (“Administrator”) will also be chosen by fixed rules – these may not be the most suitable person to act. The only powers, which the Administrator will have, will be those given by Acts of Parliament. Some of these are no longer adequate and needless expense may arise. By making a Will you decide exactly what you want done with all your money and property after your death. You can appoint Executors of your own choice and give them all the powers they need to administer your Estate. |
|
||||||||