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When Should I Make a Will?

A practical UK guide to wills, intestacy, and protecting your family.

Whether you're trying to understand what a pension drawdown is, deciding if you should overpay your mortgage, or checking this year's tax allowances — we've written a guide for it. Everything here is free, jargon-free, and written for real people, not finance professionals.

The Short Answer

If you own anything, have children, or have people who depend on you, you need a will. Without one, the law decides who gets what — and it might not match your wishes.

What Happens Without a Will (Intestacy)

In England and Wales, intestacy rules apply. Your spouse gets the first £322,000 plus personal possessions, then half the remainder. The rest goes to your children.

Unmarried partners get nothing. This catches many cohabiting couples by surprise.

When You Definitely Need One

  • You have children (to appoint guardians).
  • You're not married but live with a partner.
  • You own property.
  • You have specific wishes about who gets what.
  • You want to minimise Inheritance Tax.
  • You have a business.

What Goes in a Will

  • Who gets what (beneficiaries).
  • Who looks after your children (guardians).
  • Who manages the process (executors).
  • Funeral wishes (optional but helpful).
  • Trusts for children under 18.

How to Make One

DIY online

£30–100. Fine for simple situations with no property or dependants.

Solicitor

£200–500. Recommended if you have property, children, or complex assets.

Will-writing service

£100–300. A mid-range option between DIY and a solicitor.

Review your will every 3–5 years or after major life events such as marriage, divorce, or the birth of a child.

Will + Lasting Power of Attorney + ICE Letter

A will covers what happens after you die. A Lasting Power of Attorney covers what happens if you lose capacity while alive. An In Case of Emergency letter tells your family where everything is.

You ideally need all three.

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