I do like to save money, be careful with the site though a lot of it is out of date, legal aid is gone the trade union stuff is ancient, so the cheep will part seems to run from £80-£150, still good value.
This is something that I think we all ignore,but
it is something that has to be done asap,when you
know there is no going back.
In my very first meeting with my Sol she advised
me to close bank account and to make a will.
I don''t think I would have had an issue with him
claiming anything then,but when Sol explained that
Rent-a-Bike could find herself on a beach on the
beach in the South of France,due to my demise,
Well needless to say Afon raced to the bank,and
got that sorted:)
Check out your bank account,some offer a free will
writing service,mine does:)
So yes,that 6 million I won on the lottery is safe
and Rent-a-Bike can dream on.....................
There are many assumptions people make about who ''automatically'' gets your dosh/house/cats after you pass, but many of the assumptions can be wrong.
Don''t leave it to chance - make sure no one other than the one(s) you specify benefit from your hard work.
A little story:
Someone I know got divorced over 30 years ago. He and his ex had kids, his ex wife re-married and bought a house with her new husband, the new husband also had kids.
Unfortunately this lady died, she didn''t have a Will and all her Estate, savings and her ''share'' of the house was left to her husband. Her kids got nothing. Not a thing. Eventually the new husband will die and his kids will inherit his (including her) estate.
Now I can''t imagine she intended it this way, maybe she made some assumptions.
If she had specified things in a Will - (eg. bequeath her ''share'' of the house after his death) plus other specifics.