There is no obligation on anyone to have a Will.
However, suppose you die without a Will in England and Wales. In that case, your assets (including property) will be divided, not according to your wishes but rather to specific rules under intestacy law. If you have no Will, you risk leaving your most loved ones with nothing, while less-deserving relatives may receive a windfall.
And, even if you do have a Will, you would need to keep it updated to reflect your most current financial situation. For example, you might have bought a new home, inherited assets, or now separated from a partner.
Why not give yourself peace of mind with Wills and Probate solicitors, Robertsons? Not only can we help by drawing up (or updating) your Will and setting out your wishes, but we can also advise on inheritance tax issues, which may become a problem in larger estates. We can also act as the professional executor of your Will. Speak to someone on our expert team today.