Why Bother With a Will?

It is important to stress that writing a Will is something which everyone should do. Apart from the opportunity of undertaking effective tax planning, the absence of a Will can mean that your assets do not pass to those that you would want to have them. Where a person dies without a Will they are said to die 'intestate' and the law prescribes how the estate is to be distributed.

The rules are quite complex and depend on whether the deceased was married or unmarried, or a member of a civil partnership, at the time of their death and whether or not they had children. The rules are not common across the United Kingdom, with Scotland and Northern Ireland having their own sets of rules.

The most important thing to note is that, for couples who are not married or in a civil partnership, there is no right to anything on the death of a partner under the intestacy rules, so it is vital that they have Wills to protect the financial position of the survivor.

We offer a comprehensive service to all types of businesses and individuals, and have the benefit of membership of the UK200 Group of Practising Accountants, enabling direct access to expertise in areas outside our normal work.

Regulated to carry on audit work for a range of investment business activities by the Institute of Chartered Accountants in England and Wales

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