Citizen's Advice has recently announced that the number of enquiries it receives about people who have died without making a Will has more than doubled in the past five years.
This worrying trend has been reinforced by a recent YouGov Survey which revealed that two thirds of the adult population do not have a Will.
While the headlines have been grabbed with stories regarding celebrities with large estates, such as Prince, who have died without making a Will, this affects each and every one of us.
Why should you make a Will?
We all like to think we have plenty of time to make a Will, however none of us knows what is around the corner. While it can seem to be a bit morbid thinking about your own mortality, one of the best things we can do for our loved ones is to ensure that there are clear instructions setting out our wishes.
You may think you know what will happen to your estate once you are gone and who will inherit it. Often, people we talk to will say something such as: “I’ve discussed it with my family and they know exactly what I want. They will make sure everyone is looked after”.
However, the only way to ensure that your wishes are clear, and to remove any burden from your grieving family, is to lay them out in a properly prepared Will.
We cannot predict the future, but we can help you plan for it which will hopefully give you peace of mind that your affairs are in good order.
Making a Will is a straightforward process and only takes an hour or two from start to finish.
What happens if you die without leaving a Will?
Our recent article sets out the main consequences of intestacy in Scotland. You can read it here.
Get in touch
If you would like to discuss making a Will or to ask what could happen in your own situation if you were to pass away intestate, please contact our private client team.
We can provide the assistance you need to protect your assets and your loved ones. This will allow you to put your mind at ease, knowing everything is in hand.
The small print: This blog is for information purposes only and should not be construed in any way as providing legal advice.