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Why Making a Will is Essential: 3 Real-Life ScenariosWe really can't emphasise how important it is for you to make a will. We've put together 3 different scenarios by which you can see how important it is to make your will, or update an existing one.Scenario 1: Blended FamiliesMrs A married Mr B, after the death of her husband A. She inherited an estate from A. Mrs A had 2 children from A (Child 1 and Child 2) and Mr B had 2 other children of his own (Child 3 and Child 4).Mrs A dies, and Mr B inherits the estate. Mr B then falls out with Mrs A's children (Child 1 and Child 2) and changes his will so that only his children (Child 3 and Child 4) inherit the house.Therefore, Child 1 and Child 2 don't receive any inheritance from their parents, Mr and Mrs A.Lesson: Make your will so that your children are guaranteed a share of their rightful inheritance.Scenario 2: Property Tax IssuesDue to inheritance complications, tax was due on certain parts of the estate, and the only way to pay was to sell the family home.This situation is difficult and can be avoided by talking to the right solicitors, however it is a long and complicated court process.Lesson: Make your will so that your children's interests are protected and they can inherit what you want to leave them.Scenario 3: Care Home CostsMrs Z has a medical condition that means she needs lots of care. Her husband, Mr X dies and all his inheritance goes to her. Due to his death Mrs Z has to move out of the house, and be placed into care. Mr X and Mrs Z have 3 children.

The estate and the inheritance was used to pay for care and treatment that Mrs Z needs. The inheritance rapidly decreases leaving the capital dwindling away.If Mr X would have given his children a share of his property in his will, his children would still have inherited. Instead, his children will probably not inherit because the funds will all be used on their mother's care.Lesson: Plan ahead for potential care costs to protect your children's inheritance.Get Professional Will Writing HelpIf you wish to seek any legal advice around wills and probate, or simply want to know more, don't hesitate to call our team on: 0116 2999 199 or alternatively you can email us at: info@d-w-s.co.uk