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New Year – New Will?
Posted by Site administrator on February 1 2023 at 09:08
As we move into February it isn’t too late to tick off some of those new year resolutions.
Some people do not leave a will if they consider that they have few assets or money. However, it is very important to make a will for a variety of reasons. When a person dies without leaving a will, their estate is classed as “intestate.” In this case, the process of distributing the estate can be expensive and can take a long time.
Many people automatically assume that when a spouse or civil partner dies without a will, their estate will be transferred to the surviving partner. If a person dies without leaving a will in Scotland, then how the estate is distributed is dictated by the law.