.png)
.png)
Thy will be done
Key points
- If someone dies without making a will the intestacy rules determine who will inherit the deceased’s assets.
- The intestacy rules prioritise spouses or civil partners – there is no provision for partners who are unmarried or not in a civil partnership.
- Making a will is essential to allow the testator to appoint executors and trustees of their estate.
- It is important also to consider putting in place lasting powers of attorney.
According to recent research published by Canada Life more than half of adults in the UK do not have a will. The survey based on 2 000 adults also revealed that one in three of those aged 55 and over have not made a will. Most of those surveyed felt that their assets were insufficient to merit making a will while others were of the opinion that their loved ones would automatically inherit...
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
