The Reality of Intestacy Rules

Did you know that a staggering 68% of cohabiting couples are unaware of the inheritance risks they face without a will? 🤔

This alarming statistic reveals a widespread lack of understanding about how intestacy rules work.

When someone passes away without a will, these rules determine how their estate is distributed.

Unfortunately, they don’t recognise cohabiting partners, which can leave many vulnerable.

What Does This Mean for You?

For cohabiting couples, the implications are significant.

Without a will, your partner might not have any legal claim to your estate, regardless of how long you’ve lived together or shared assets.

This oversight can lead to unexpected financial hardship, especially if your partner relies on your income or shares a home with you. 🏠

The Emotional and Financial Impact

Imagine dealing with the emotional turmoil of losing a loved one, only to face financial uncertainty because your partner’s wishes weren’t legally documented.

This scenario is all too common for those who assume that living together provides automatic inheritance rights.

It’s crucial to understand that without a will, your partner could be left out in the cold. ❄️

Key Statistics to Consider 📊

• 68% of cohabiting couples are unaware of the rules of intestacy.
• 0% automatic inheritance rights for cohabiting partners under intestacy laws.
• 100% necessity for a will to ensure your partner’s protection.
• Countless potential disputes and hardships avoided with proper estate planning.

Taking Control of Your Future

The good news? You can take control of your future and protect your loved ones by creating a will. 📜

At Beacon Advice, we specialise in personalised estate planning that ensures your wishes are respected and your loved ones are taken care of.

Our friendly consultants will guide you through the process, making it as straightforward and stress-free as possible.

Why Choose Beacon Advice?

• Personalised Service: We tailor our advice to your unique situation, ensuring your estate plan reflects your specific needs.
• Expert Guidance: Our experienced consultants are well-versed in the laws of England and Wales, providing you with reliable and comprehensive advice.
• Peace of Mind: With a solid estate plan, you can rest easy knowing your loved ones are protected.

Conclusion

Don’t leave your partner’s future to chance.

Understanding the risks of intestacy is the first step towards securing your legacy and protecting those you care about.

Contact Beacon Advice today to start your estate planning journey.

Together, we’ll create a plan that gives you peace of mind and ensures your wishes are honoured. 💼✨

Reach out to us here – Contact / About Us – Beacon Advice

Resources

If you are unsure of your own situation and don’t have a will follow through the governments sequence here –

Where was the deceased domiciled? – Intestacy – who inherits if someone dies without a will? – GOV.UK (www.gov.uk)