New Intestacy Rules | Why Making A Will Still Matters

It is often presumed that if you die without a valid will in place your estate will automatically pass to the people you ‘would have chosen’. However, under the rules of intestacy – this isn’t always the case.   

Instead, when someone dies without a valid will in place, their estate is distributed according to a strict legal framework rather than the individuals’ personal wishes. In some cases, spouses, civil partners and close relatives may inherit to some extent, but unmarried partners, close friends and stepchildren may not receive anything, regardless of the relationship shared with the deceased. 

Intestacy rules exist to help provide certainty but in turn they do not consider individual circumstances. As times have changed, families have become more complex with more blended families, more cohabiting couples and more second marriages. This has meant that simply relying on existing intestacy rules can lead to unexpected outcomes and in some cases, disputes between loved ones.

For this reason, it is important to highlight the need for a professionally prepared Will. The will should clearly identify who should inherit your estate, ensuring your final wishes are met, as well as appointing guardians and trustees for young children. Choosing an executor and making provisions for family members, friends or charities may otherwise also be excluded under the law further emphasising the importance of having an up to date will in place. 

Top Tip: Reviewing a will following major life events, such as marriage, divorce, the birth of children or purchasing a home, is equally important to ensure the Will continues to reflect current wishes.

As making a will remains one of the simplest and most effective ways to protect those you care about and provide clarity for your family at what is often a difficult time, our experienced team are here to help and guide you through the entire process. 

Just call us on 01926 491181 or email:pcnewenquiries@moore-tibbits.co.uk