Wills Aren’t Just for the Wealthy: Why You Still Need One

If you believe that wills are only necessary for the wealthy or those with significant assets, it's time to reconsider. A will isn't just about distributing wealth; it's about ensuring your wishes are respected and your loved ones are protected, regardless of your financial status.

The Current Landscape: A Nation Unprepared

Recent statistics reveal a concerning trend: around two thirds of UK adults either don't have a will or have one that's outdated. This lack of preparation can lead to complications, delays, and unintended consequences for those left behind.

Why a Will Matters—Even Without Significant Assets

1. Protecting Your Loved Ones

Without a will, the distribution of your estate follows strict intestacy rules, which may not align with your personal wishes. This can result in:

• Unintended beneficiaries.
• Delays in the distribution process.
• Potential disputes among family members.

2. Appointing Guardians for Children

If you're a parent, a will allows you to designate guardians for your minor children. Without this, the courts decide who takes on this crucial role, which might not reflect your preferences.

3. Expressing Personal Wishes

Beyond assets, a will lets you:

• Specify funeral arrangements.
• Leave sentimental items to specific individuals.
• Make charitable donations.

The Financial Implications of Dying Intestate

Dying without a will (intestate) can be costly. The average cost of dying in the UK has risen to £9,797, encompassing funeral expenses, legal fees, and other associated costs . Without a clear directive, these expenses can escalate, placing a financial burden on your loved ones.

Modern Solutions: Making Will Writing Accessible

Recognizing the barriers many face, services like Legacy Bridge offer:

• Affordable Options: Only £100 per will.
• Convenience: Complete your will online in as little as 15 minutes.
• Expert Support: All of our wills are reviewed by will-writing experts, so you can rest assured that your will is legally binding.

Take Action Today

Don't wait for a significant life event to prompt you into action. Whether you're renting, have modest assets, or simply haven't gotten around to it, now is the time to ensure your wishes are documented and your loved ones are protected. Write your will today.

This article is for informational purposes only and does not constitute legal advice. For specific guidance relevant to your situation, please consult a qualified legal professional.

Last updated: May 6, 2025