No matter where you live in the world, making a will is an important process to go through. By having a will you ensure that your estate and assets are disposed of in a way that corresponds to your wishes. If you die without a will, your assets may be distributed according to the law instead of your own wishes. Furthermore, if you are a UK citizen living abroad, your country of residency at the time of death may impact the transfer of your assets and estate in the UK. Therefore, although you are not required to make a will by law, it is the best way to decide what happens to your assets after your death.
Further reasons for making a will include:
- You can decide how your assets are allocated
- If you aren't married, you can ensure that your partner is provided for
- If you are divorced, you can choose whether you wish to leave anything to your former partner
WinnFin understands the complexities of estate planning and will writing and has made this process easy for you, to help you protect your loved ones and your own wishes.
For further details on which UK company's we recommend and work with, please contact your allocated advisor or fill in our contact form.