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After all, we all know that if the spouse dies, the surviving spouse will receive everything, don’t we?
Maybe, but maybe not, and very frequently, this is not the case!
It depends upon a number of other external legal factors that you may not have considered.
And certainly if you have any other gifts for charities or other family members and friends, they will not happen!
And you may lose your children’s inheritance to factors such as Long Term Care Costs.
If you do not have a Will, your estate will be distributed in accordance with a set of laws written back in the 1920s, The Laws of Intestacy. If you do not make your own decisions your estate may well pass to people who you would not wish to receive the bequest. It is quite possible that your loved ones could receive nothing.
Make your own decisions, it is that simple.
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