“I’ll sort that when I’m older.” If we had a pound for every time we’d heard that about Wills, we’d be rather wealthy by now. The truth? Wills aren’t just for the elderly—they’re for anyone who wants peace of mind about the future.
As the pandemic starkly reminded us, life is unpredictable. And without a Will, you risk leaving your affairs in disarray, with decisions made by rules and not by your wishes.
Take the case of Swedish DJ Avicii. He died at just 28, with no Will. As per Swedish law, his estate passed entirely to his parents. Was that what he wanted? We’ll never know.
Dying without a Will—known as intestacy—means your estate is distributed by a standard legal formula. If you’re married or in a civil partnership and have children, your partner won’t automatically inherit everything. The rules can leave loved ones, stepchildren, or even long-term partners with nothing—and could even trigger avoidable inheritance tax bills.
Creating a Will puts you in control. It ensures your assets go to the right people, lets you appoint someone you trust to handle your estate, and helps reduce tax liabilities. It’s not just a legal document—it’s a crucial piece of your overall financial plan.
At Foresight, we know that sorting out a Will may not feel urgent, but it’s one of the most valuable things you can do for your future self and those you care about. If you’d like to understand your options, our Wealth Strategists are here to help.
