Reasons why a Will is important:
If you die without a Will, then the Laws of Intestacy dictate who inherits your assets. This may not be the way that you would have wished your money and possessions to be distributed
Unmarried partners and partners who have not registered a civil partnership cannot inherit from each other unless there is a valid Will
If you have children, you will need to appoint guardians in your Will so that arrangements for the children can be made if either one or both parents die
If your circumstances have changed, it is important that you make a will to ensure that your money and possessions are distributed according to your wishes.
Naming an Executor in your Will:
Executors are the people who will be responsible for carrying out your wishes and for sorting out the estate. They will have to collect together all the assets of the estate, deal with all the paperwork and pay all the debts; taxes; administration and funeral costs out of money in the estate.
It is important to choose executors with considerable care since their job involves a great deal of work and responsibility.
Sequacity Legal Services also offer professional executorship to ease the burden on your beneficiaries and to ensure the estate administration is completed as professionally and efficiently as possible.