What Happens If I Die Without A Will?
As we go through life we will build up a collection of assets. This can be anything property and vehicles to bank accounts, savings and physical possessions. This is known as your estate. But without a will, there is no guarantee that these assets will be divided in the way you wish, or that your family will get anything at all.
When a person dies without leaving a will behind, their estate is shared out according to certain rules called ‘intestacy rules’. These rules mean that only married or civil partners, or some other close relatives an inherit your estate, and the division of the estate is dictated by these rules – not by what you would have wanted. In some cases, your family may not be eligible to inherit anything, and so your estate will pass on to the state.
At Edmunds and Eve, we understand the importance of a will for you and your family. We do not offer a set service for creating ‘a will’, but instead craft a bespoke will that matches your individual situation and your desires, Our experts will be able to create a will that can ensure your estate is divided exactly as you want it to be, and give you advice on how best to lower the amount of tax or fees that would be paid by your loved ones after your death.