From: Steve Worsfold at Sussex Will Writers

​Office: 01903 533681
Email: info@sussexwillwriters.co.uk

Intestacy is dying without a Will.

Intestacy means the state dictates the distribution of your estate. The laws of intestacy have little regard to your family structures, finances, or relationships. Intestacy can cause the forced sale of the family home. Dying intestate can often mean the estate pays more Inheritance Tax than is necessary. Your intestacy could condemn future generations of your family to paying inheritance tax.

Intestacy could:

• Increase your beneficiaries’ liability for Inheritance Tax
• Mean your divorced spouse has a hand in your estate
• Force the sale of the family home to divide your estate by the intestacy rules
• Give all or part of your estate to relatives you last heard from when John Major was in Downing Street
• Result in your partner losing out or:
• Leave your estate to the crown

There’s no such thing as a common law spouse, so if you’re living with someone, the survivor could be in for a rough time if either of you die intestate.

I have heard people say, “We’re young, we’re not ill, we are not planning to die”. Then again who is? They may have life insurance but have no Will. They can’t explain the logic of that, not even to themselves. The best they can come up with is that they haven’t got round to it yet.

What is gained by putting it off writing your will? Procrastination is not only the thief of time but also of wealth!

If you would like to discuss your wishes regarding writing a will, please call or email Sussex Will Writers.

Lasting Power of Attorney Video Series 

You can now view our Lasting Power of Attorney Video Series on our YouTube Channel 

There are 7 parts to the series, exploring topics such as:

1. What is Lasting Power of Attorney?
2. What happens if you don’t have Lasting Power of Attorney?
3. Is there anyone who doesn’t need a Lasting Power of Attorney?
4. How much does it cost to have a Lasting Power of Attorney?
5. What is included in a Lasting Power of Attorney?
6. Who can write a Lasting Power of Attorney?
7. What are the rules for writing a Lasting Power of Attorney?

Could you do with some FREE, sound advice on:

• Writing a Will – What do I need and how much does it cost?
• Creating Lasting Powers of Attorney – If I was incapacitated who can act on my behalf?
• Property Protection Trusts – Can these really save Care Home Fees?
• Pre-Paid Funeral Plans – With so many to choose from how do I decide which plan is best?

There is so much confusion on these vital areas of estate planning, that sometimes just a chat with an expert in the field can clear up misunderstanding and set out the way ahead, without all the legal jargon.

Steve Worsfold
Affiliate Member of the Society of Will Writers
Advising on Wills/Trusts/Probate/Powers of Attorney

Mobile: 07734 744886
Office: 01903 533681
Email: steve@sussexwillwriters.co.uk
Website: www.sussexwillwriters.co.uk

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Now and in the Future

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Steve Worsfold has been an Affiliate Member of the Society for 15 years.