Every year in May, Dying Matters host a Dying Matters Awareness Week, which reminds us all of the importance of thinking about the sensitive subjects of dying, death and bereavement.
This year, Dying Matters Awareness week will run from 13th to the 19th of May and the theme is Are We Ready?
Dying and bereavement are subjects that many people find difficult to discuss, or even think about. However, did you know that every year, around 1 in 3 people die without making a will. The number of enquiries relating to people dying without making a will, or ‘intestacy’ has more than doubled in recent years.
Where a person dies without making a will, their assets are shared out according to the rules of intestacy. This could potentially not be in the way the deceased would have wished. Did you know that:
- The intestacy rules make no provision for unmarried partners, irrespective of how long you have been together.
- Even if you are married, your spouse may not inherit as much as you wish without a valid will.
- If you are married but have separated, the intestacy rules provide that your spouse would still inherit.
- If you die without a spouse or children, then your estate will be divided among your surviving relatives in accordance with the intestacy rules. Or where there are no surviving relatives, to the Crown.
To avoid getting caught out, and ensure your wishes are followed, you should make a will.
When you make a will, you can decide who you would like to deal with everything when you pass away, specify who you would like to receive your assets and personal belongings and even appoint a guardian for your children.
It is also estimated that over a quarter of Wills in the UK are out of date. If you have already made a Will, but have not reviewed it recently, then there may be changes that you need to make. You should always look this over every few years to check that it is still matches your current intentions.
Dying Matters Awareness Week – We can help
If you would like to discuss making a Will please get in touch with a member of our team.
We have offices in Boston, Grantham Lincoln, Newark, Sleaford and Spalding. One of our team will be able to talk with you and give you the peace of mind you need. Contact us today.