![]() Without a Will, it will be left to the courts to decide who will take responsibility for your children after your death. If your children are under 18, you can use your Will to appoint legal guardians to act in case something should happen to you. The position remains the same regardless of the length of your relationship or whether you have children together. ![]() If you die without a Will, your partner will have no right to benefit from your estate. If you are in a long-term unmarried relationship…Ĭurrently unmarried couples do not benefit from the same protections and rights on death as married couples. ![]() This could actually increase the amount of inheritance tax you pay and mean that your spouse is left short after your death. If you die without a Will leaving a spouse and children, some of your estate may pass directly to your children rather than your spouse. Writing a Will can also have other benefits depending on your circumstances. Why is it important to make a Will?Ībove all writing a Will means that you get to choose who you want to benefit from your estate. It also confirms who will be responsible for administering your estate and what powers those individuals will have to carry out your wishes. It sets out who will inherit, what they will inherit and when. Leaving a Will is like helpfully leaving an instruction manual for your family. What is a Will?Ī Will is a legal binding document which allows you to set out what you would like to happen to your money, property and other assets on your death. To help you get started, we have set out what you need to know before writing a Will. If you have never made a Will or it has been a while since your last update, it can be difficult to know where to begin.
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