Did you know that there are many, many famous (and rich!) people that have died without making a will? According to Forbes, these include Prince, Abraham Lincoln, Martin Luther King Jr, Jimi Hendrix, Picasso, Bob Marley, Kurt Cobain and Barry White.
Can you imagine the combined value of those estates?! I bet there were some top lawyers with some serious headaches after navigating their way through those cases!
The Money Advice Service estimates that in 2020 approximately £8,000,000 of money and property went to the government as a result of people not making a will to ensure their estate was distributed in accordance with their wishes on their death!!
In a recent blog post, which you can find here, we included an intestacy chart which shows exactly what does happen to your property if you die without making a will.
If you have not yet put a will in place, you did so many years ago or you have concerns that are preventing you from doing so, why not book a free initial consultation, to see how we may be able to help? We also offer a free will review service which you can find out more about here.
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