Calling all Co-Habiting Couples
In today's society more people cohabit and purchase joint assets such as property and enter into joint financial commitments.
Moreover, many will have small children from previous relationships as well as the current relationship.
So, what happens if they haven't made a Will and one person dies?
The rules of intestacy will take over and can often not reflect each party's wishes. This can also cause financial problems particularly where there are property and loans involved including life insurances to protect the debt.
Secondly, they may have pensions which have not nominated a beneficiary.
More worryingly this could impact on where the children may live and who may be their primary carer.
Much of this can simply be avoided by making a Will to reflect their wishes along with guidance letters to family members.
We as a company come across this time and time again and have put into place documents to ensure peace of mind and fair distribution.
To find out more and how we can help please contact us and we'll be happy to discuss your circumstances and how you can safeguard your family.