Why make a will?

74% of people in the UK do not have a current Will that reflects their personal and financial circumstances at the time of their death. So, why make a Will?

Leaving a spouse or civil
partner but no children

Under the intestacy rules, if a person dies leaving a spouse/civil partner but no children, the spouse/civil partner will receive:

  • All of the personal chattels
  • A lump sum of £200,000 and
  • Half of the residuary estate absolutely. The remaining half of the residuary estate will be given to close relatives such as parents, siblings, aunts and uncles etc.