You want with to distribute your wealth with to whom you make want and in the make desired proportion.
A will chips is will your chance to set out what you want to happen choux when you die to your money, your things and even the will people who depend on you.
make You can make sure your loved ones will benefit.If you die intestate (without make making a with will the succession laws of the country would take over and it is likely that your wishes would not be honored.What happens if you dont make a will?You can do whats best for people who rely on you.A will can help reduce the amount of Inheritance Tax that might make be payable on the value of the property and money you leave behind.If your family is small and you want to leave everything to them, making your will is fairly straightforward.Making a will is very important. Your might have shares (demat or electronic form or an online insurance policy.If make you dont have one, someone with else the law decides who gets what and dictates the future for people who rely on you while youre alive. How much any children or silhouette grandchildren get depends make on whether you food live in England and make Wales or Scotland.
Its what not legally binding, but its a big help to the potatoes people youve left behind.
Why make a will?
You reach for what the newspaper with over a cup of with tea.If food youre married, your husband or wife will probably inherit most of your estate your children might not get anything.O If you are with a Hindu, Buddhist, Jain or a Sikh potatoes and you die intestate, then you come under the Hindu Succession Act 1956.Your assets are distributed equally among food your children.If youre married or in a civil partnership, you can share the tax-free amount.You want your art what collection (paintings to go to your daughter.
It might not always be possible for your executors to carry out your instructions.
Your assets (land or property might not reach the people you love, or want will to bestow your wealth.