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These are just a few reasons why it is important not to die intestate (without a will).
The Court of Protection will decide what happens to your children. This may not necessarily be who you would have chosen yourself.
It is wrongly assumed that your nearest and dearest will automatically receive these assets. It can be a long and complicated process to distribute these and not always to those assumed. This can cause rifts in the families where one party remembers being "promised" a particular heirloom.
Without a Will, this can be a particularly stressful time for families having to locate a lifetime of paperwork and arrange for payments to be made once Probate has been granted. This process could take years. Wouldn't you much rather they could sit back and celebrate your life?
Funeral arranging and organ donation for a loved one can be terribly difficult and painful for your family to agree as to what your last wishes might be. Why put them through that?
Wills are not regulated by the Financial Services Authority.
Wills are referred to a 3rd party. Thomas Ennis Murphy t/a The Home Loan Company and First Complete Ltd are not responsible for any advice received from the 3rd party.