Published on: 18th November 2019

What does a 'No Will' Will look like?

If you do not create a Will, this is what a "No Will" Will might look like.

• I do not revoke any previous Wills so any old Will that I created many years ago might still be valid even if it no longer reflects my wishes.
• I have not appointed executors so my family will have to go to Court and the Court will decide who becomes my administrator(s). This will slow things down.
• My children's father/mother died some years ago in an accident. I still have two children under 18 years of age. I am deliberately letting the State decide who will bring them up.
• I am leaving nothing to my partner. Everything will go to my children.
• I am married and am not leaving everything to my husband/wife. Some of our house will be owned by my children who are under 18 years of age. My husband/wife cannot move without a Court order.
• I am not creating any trusts in my Will and so, if I die before my spouse, I am not protecting any assets between my death and my spouse's death.
• I am exposing some or all of my estate to going, either wittingly or unwittingly, to my spouse's new husband or wife if I die before my spouse and they remarry later in life, therefore my children could inherit nothing.
• I am not married and could be paying £130,000 in Inheritance Tax completely unnecessarily.
• I run a business and could be leaving part of the business to my children, who are aged under 18.

Not creating a Will can have devastating effects on your spouse or partner and your children. A Will is one of the most important documents you will ever create and sign. Please contact Casey & Associates so that we can assist you make sure that YOUR wishes are put into effect when you pass away. If you would like to meet one of our Consultants and discuss any of the issues raised in this article or any other Estate Planning topic, please telephone 01732 868190 or click here.

Back to all news