Making a will is an imperative part of life, and when it comes to making sure that what you leave behind can both assist those you love with their own lives, as well as give them a memento of you, all of your worldly possessions have meaning and also purpose. Making a will is essential, as of course, you should have a say where your things go – rather than have your family squabble over who gets what. That’s where an excellent will North Wales comes in – and also the expert services of a wills solicitor in North Wales.
It may feel tempting to draw up your own will, or even take advantage of a solicitor via the internet which offers DIY wills for a very nominal fee. Doing so is false economy, and the cases of people which are going through the law of intestacy being applied because of a DIY will not being right or contested are very high. Essentially, a DIY will may provide short term peace of mind, but when it comes to the ones you love and making sure that they will not go without, then DIY wills are not the way to go.
But what exactly is the law of Intestacy?
The Law of Intestacy is applied when a person dies and they have not made a will, and it means that family members are treated equally. A devoted son may be treated the same as an estranged one, and the devoted son’s children will receive what the children of the estranged son will.
It’s easy to see how arguments can occur when you trust matters to the state – and can more than often be the cause of friction or even all out family war in years to come. Furthermore, intestacy law means that your family will pay VAT and inheritance tax on absolutely everything, which means that without a will, your family will be far worse off both emotionally and financially.