The Inheritance and Trustees Powers Act 2014 came into force in October 2014 and made a number of changes to the law on wills and intestacy.
Intestacy arises when somebody dies without having made a Will. If you die intestate then the law will state what will happen to your Estate rather than you.
If your circumstances are not straightforward, for example, you may have children from a previous marriage, it is all the more important to make a Will. If you do not have a Will in place, you should consider whether you would be happy for your estate to be distributed in line with the new Intestacy Rules.
In many cases, a Will is needed to restore balance between competing obligations and responsibilities for which a person is often seeking to provide when they write a Will.
For more information, please contact our Private Client department for expert and professional advice.