Advice on Wills

Will Writing is not part of the Intrinsic offering. Although Aspire can recommend companies who can produce a Will document for you, Intrinsic Financial Services accept no responsibility for this aspect of our business. Will Writing is not regulated by the Financial Conduct Authority.

Do you know what happens to your estate if you die without a valid Will in place?

The answer is not often what people think.  Technically if you die without a Will, you are said to have died intestate and that means that the Government enforce a strict set of rules that determine who your estate goes to – this is not always to the person or people you would have intended had you chosen yourself. 

Essentially by deciding not to make a Will, you bypass your legal right to appoint who you would want to distribute and benefit from your personal assets. 

By allowing your estate to pass via the rules of intestacy you also potentially delay its distribution, as there will be no rush to ensure the rightful beneficiaries receive your estate. Also, should there be an inheritance tax liability then your estate will be held until whoever is to receive the estate settles the tax bill. 

Your Foundation Will is guaranteed to cover the details of:

  • Your appointed Executors
  • Your appointed Trustees 
  • The Guardians for your children
  • Any legacies or individual gifts you wish to leave   
  • Who will inherit your estate, when and in what shares
  • Your funeral wishes and organ donation preferences
 

This is one of the most selfless things that you can do to protect and look after your family and loved ones, use your power and exercise your legal right to do something about this today.