Must preparing wills before parents die
More than anyone else, parents and grandparents should avoid the pitfalls of not preparing a will.
It’s a shocking statistic, but around 27 million adults in the UK have failed to prepare a will*.
This can have serious consequences, especially if you’re a parent. Dying without a will means the law will simply run its course, and often again your wishes.
It’s a huge risk that can leave you powerless over your assets.
Why A Professional Will Is Essential:
The technical term for passing away with no valid will is ‘dying intestate’. If this happens your money, possessions and property will be divided up according to the law, and your loved ones could stand to inherit nothing.
For instance, if you are unmarried and die ‘intestate’, your partner would by law receive nothing. If ...