If you die with no valid Will in England or Wales, the law will decide who gets what. If you have no living family members, all your property and possessions will go to the Crown.

If you make a Will, you can also make sure you don’t pay more Inheritance Tax than you legally need to.

It’s an essential part of your financial planning. Not only does it set out your wishes, but die without a Will, and your estate will generally be divided according to the rules of intestacy, which may not reflect your wishes.

Without one, the state directs who inherits, so your loved ones, relatives, friends and favourite charities may get nothing.


It is particularly important to make a Will if you are not married or are not in a registered civil partnership (a legal arrangement that gives same-sex partners the same status as a married couple).

This is because the law does not automatically recognise cohabitants (partners who live together) as having the same rights as husbands, wives and registered civil partners. As a result, even if you’ve lived together for many years, your cohabitant may be left with nothing if you have not made a Will.

A Will is also vital if you have children or dependants who may not be able to care for themselves. Without a Will, there could be uncertainty about who will look after or provide for them if you die.


No one likes to think about it, but death is the one certainty that we all face. Planning ahead can give you the peace of mind that your loved ones can cope financially without you, and at a difficult time helps remove the stress that monetary worries can bring.

Planning your finances in advance should help you to ensure that when you die, everything you own goes where you want it to.

Making a Will is the first step in ensuring that your estate is shared out exactly as you want it to be.

If you leave everything to your spouse or registered civil partner, there’ll be no Inheritance Tax to pay, because they are classed as an exempt beneficiary. Or you may decide to use your tax-free allowance to give some of your estate to someone else or to a family trust.


A Will sets out who is to benefit from your property and possessions (your estate) after
your death.

There are many reasons why you need to make a Will:

  • You can decide how your assets are shared – if you don’t have a Will, the law says who gets what.
  • If you’re an unmarried couple (whether or not it’s a same-sex relationship), you can make sure your partner is provided for.
  • If you’re divorced, you can decide whether to leave anything to your former partner.
  • You can make sure you don’t pay more Inheritance Tax than necessary.
  • Several people could make a claim on your estate when you die because they depend on you financially.
  • You want to include a trust in your Will (perhaps to provide for young children or a disabled person, save tax, or simply protect your assets in some way after you die).
  • You own all or part of a business.
  • You live here but you have overseas property.
  • Your permanent home is not in the UK or you are not a British citizen.

Before you write a Will, it’s a good idea to think about what you want included in it.


  • How much money and what property and possessions you have.
  • Who you want to benefit from your Will.
  • Who should look after any children under 18 years of age
  • Who is going to sort out your estate and carry out your wishes after your death (your executor).


Executors are the people you name in your Will to carry out your wishes after you die.
They will be responsible for all aspects of winding up your affairs after you’ve passed away, such as arranging your funeral, notifying people and organisations that you’ve died, collating information about your assets and liabilities, dealing with any tax bills, paying debts, and distributing your estate to your
chosen beneficiaries.

You can make all types of different gifts in your Will – these are called ‘legacies’. For example,
you may want to give an item of sentimental value to a particular person, or perhaps a fixed
cash amount to a friend or favourite charity. You can then decide who you would like to receive the rest of your estate and in what proportions.

Once you’ve made your Will, it is important to keep it in a safe place and tell your executor,
close friend or relative where it is.

It is advisable to review your Will every three to five years and after any major change in your life, such as getting separated, married or divorced, having a child, or moving house.
Any change must be by making a new Will.