Making a will means inheritance is "watertight"

Making a will is the best way to ensure family and loved ones are provided for as planned, according to one legal expert.

The Daily Mail reports a couple who assume their assets will pass to the surviving partner in the event of one of them dying "really should" draw up a testament, "in order to make everything absolutely watertight".

Free will writing advice could help individuals who take for granted their estate will be divided in a certain way, as the publication reveals children can alter the way assets are distributed.

For example, where an estate is worth more than £250,000, a surviving spouse will receive £450,000 if there are no offspring, but only £250,000 otherwise, with the rest passing directly to the children.

And the way property such as houses is owned will also affect estate administration, as joint ownership has different implications from homes possessed by 'tenants in common'.

Will Aid recently revealed more than half of Britons are misinformed about the division of assets upon a person's death, suggesting making a will could be of benefit to many.

Published by Kevin Round