We’re sure that you will have heard of many situations whereby people have passed away without an official will. This can often lead to some fairly complex and challenging situations that lead to confusion between loved ones and family members. The trick is to make sure that your will is legally squared away at all times so your family have an official document to work off. This will reduce the stress that your loved ones will be under and ensure that your wishes are upheld. Though, what can actually happen if you die without a will? Keep reading this blog to find out more.
Longer wait times
If you pass away without a will, the first noticeable effect which your family will notice is the amount of time they will have to wait to receive your assets. The reason for this is due to the confusion which would be left behind and it can take a reasonable amount of time to work out how your possessions should be split up. As you might expect, this prolonged wait time can cause a significant amount of stress and we are sure that you will want to make this process as easy as possible for your family.
Less control
We’re sure that when it comes to your assets and possessions, you will want to have complete control over who receives these items when you have passed. After all, you may have some sentimental possessions which you feel should be handed down to specific people or perhaps you would like to help a few individuals financially. Well, if you do not leave a will behind, then you will forfeit all of the control over this matter, which means many of the items which you have particular people in mind for will change hands to someone completely different.
Increased expense
All of these issues which arise when you pass away without a will do eventually mean one thing. Increased costs. After all, these kinds of situations mean that your family will need to hire legal representatives for longer, which will quickly become extremely costly. So, as you might expect, the best way to deal with this is to write your will with the help of some legal experts as quickly as possible. Of course, you can make edits to this document as you get older, but the main thing is that you get a copy written up as soon as possible.
If you would like some legal advice on anything, then make sure you get in touch with us today. Here at DJP Solicitors, we have many years of experience and can certainly help you with any issues you may have.
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