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A Will is a legal document, vital if you want to ensure your personal assets are distributed in accordance with your wishes upon your death. Many people die without having written a Will, this is known as dying intestate. In these cases, the law decides who will receive your possessions. If you are married and die intestate, the surviving spouse does not necessarily inherit everything. The outcome depends on the size of your estate and whether or not brothers, sisters or parents make a claim. If you are not married but have been living with your partner and die intestate, then they don not automatically get a share.
Dying intestate causes many unnecessary complications, it adds to the grief of the bereaved, and to the expense of winding up your estate.
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Read more > June 16, 2008, 7:55 pm