if you don't have a will can you answer please?

Tigsteroonie

I don't have a will as I don't have anything to leave yet! My pension/death in service has a beneficiary nominated, and my savings account can go to our son without the need for a will.

When circumstances change (hopefully soon), then I'll get a will written.

I was shocked to find out recently that my parents haven't written wills, or at least, that's what I was told. Given their assets and the complicated situation (estranged sibling, stepfamily) it really surprised me that they hadn't decided to clarify things.

flea72

Mojisola wrote: »

Only if you are married. Unmarried partners don't inherit from each other under the intestacy rules.

One would think, that if i am clued up enough to know about estate values for intestacy, then i would also know about marital status

Again, my situation is uncomplicated (ie, married, low value estate), i do not currently need a will. My wishes for my estate are covered by rules of intestacy, so why bother making a will, that could be interpreted incorrectly (depending on wording) and actually cause problems

PenguinJim

Like flea72, we're uncomplicated. I'm married to my partner, and she's welcome to everything. If we go out in a blaze of glory together, I'm fairly sure my parents are next.

Edit: I mean "next" to get possession of my things, not next to go out in a blaze of glory. Although knowing them...

Mojisola

flea72 wrote: »

One would think, that if i am clued up enough to know about estate values for intestacy, then i would also know about marital status

But other people reading your post may not be and, as you said 'OH' rather than husband, it was worth clarifying the legal position.

Callie22

I don't currently have a will as I don't really have any assets. However, OH and I are buying a house and I'm nagging him to get wills organised as we want to make sure that, if something were to happen to us, everything would go to his son. It's complicated by the fact that a lot of OH's income is in the form of royalties and we want to make sure that his son would get those too - it's hard to find solicitors who understand that area of the law but it's something that we do need to get sorted.

Gigervamp

I have nothing to leave other than my stuff (which I'm going to try to clear in the next few months).

browneyedbazzi

I don't have a will - up until recently it was because my only significant asset was my pension and I've nominated my partner to receive that through the pension plan so it is sorted.

Now that we've bought a house I think we really should get wills done, but simply haven't gotten around to it. We do have a deed of trust so that should take care of the house but the solicitors did say it is still best to have a will as well.

Lily-Rose_3

I am shocked at the complacency and naivety of some people on here! :eek:

They don't have a will because their 'relationship is uncomplicated,' or they know their other half will never get remarried, and they have such a happy-go-lucky family, that they don't think anyone will contest anything.

There seems to be quite a few assumptions with some people, that everything will go swimmingly, should they suddenly die, and that there will not be any problems whatsoever.

I'm sorry to sound rude, but I think some people are seeing the world through rose-tinted glasses. If you have any assets at all, or any significant monies, or even any items of fairly significant value; it's essential to have a will.

Also, it's important to remember that if you are not married to your partner, he/she probably has no more rights to anything you own, than your siblings or parents.

Mojisola

Lily-Rose wrote: »

I am shocked at the complacency and naivety of some people on here! :eek:

They don't have a will because their 'relationship is uncomplicated,' or they know their other half will never get remarried, and they have such a happy-go-lucky family, that they don't think anyone contest anything.

It's also worth thinking about what would happen if you and the person you think will inherit die in the same accident - who would deal with your estate then and who would end up with your money?

Brighton_belle

PasturesNew wrote: »

Also - they are pricey. Best to put it off as long as possible as things change over time and you could end up writing lots of wills, for no reason other than it needs updating. At a guess, with my changing circumstances, I could have probably written 3-4 by now....

Re did mine earlier this year for £180, having previously done DIY ones when things were a little simpler. I expect to have to review it every 5 years because life is by its very nature about change. Nothing ever stays the same forever.


Suggesting it is worth putting off until there is no more change going to happen in your life implies you know for sure you'll die in your sleep at 90.


Don't put it off - people die sudden every day.