Why Is A Mirror Will Required If I Am Married?
Intestacy Rules Unraveled: Your Guide to Inheritance
When it comes to your inheritance, the rules of intestacy step in if you pass away without a will while married or in a civil partnership.
Under certain circumstances, your spouse may inherit the entire estate, but things become more complex when children are involved.
The Consequences of Dying Without a Will
In the absence of a will, the government follows the laws of intestacy, a set of procedures that dictate who inherits your property.
However, these laws are outdated, often failing to account for modern family dynamics such as single parents, stepchildren, and divorce. It’s important not to rely on them blindly.
Furthermore, if you have minor children and haven’t designated a guardian, social services and/or the courts may intervene to determine their future care.
Executing Your Desires
Introducing the mirror will – a formal document that articulates your wishes for the distribution of all your assets after you pass away.
This includes your finances, real estate, investments, and personal belongings, collectively referred to as your estate. Creating a will also allows you to name the legal guardian(s) for any minor children you have.
Crafting Acceptable Bequests
A bequest in your mirror will can take the form of either a specified monetary amount, such as £5,000, or a particular item, like a cherished piece of jewellery.
To avoid any confusion for your beneficiaries or the administrators tasked with carrying out your wishes, it is crucial to clearly define your bequests.
With our reliable will writing service, we’ll guide you through the process of articulating your contributions accurately and effectively.
Wills 4 Less Warwickshire writing company after the initial meeting can look at your existing will or single will you want to include your civil partner and give expert advice.
If for example you have just purchased a property abroad or you are worried about inheritance tax, unlike a law firm we offer a small fee for our will writing services.