Will

A will is more than just any other legal document. By writing one, you make sure to have the people you choose inherit your property proceeding your demise. Furthermore, you will be able to direct your heirs on what you need done, in addition to enabling them to easily divide your inheritance.

Did you know that many English estates takes years to split because the testator has left no Executor through his will?

At SwanWill you are able to create a will online for you, in order to get everything legally right. By doing so, you are taking the right step in looking out for your heirs when you are no longer here.

Start your will today and complete it when you have time.

Reasons to write a will

There are numerous reasons of why it is pertinent to write a will. Some of which are to ensure that;

  • The right heirs will inherit your properties
  • The executor divides your inheritance in line with your requests
  • Discord and animosity is avoided within the family
  • Money is donated to the charity of your choice

How to write a will online

When you write a will online you will be asked the same questions as a lawyer would ask you. When the questions have been answered we will send your legally correct will to your e-mail right away.

Afterwards you print and sign the will at your discretion.

Who will inherit you?

If you haven’t got a will the law will decide who inherits your property. Since most of the law has barely changed from when it was established in the 19th century, it may probably not fit your situation.

Below are some flaws associated with the law, when a will is not written before an individual’s demise;

The law is unfortunate

For example the law is very unfortunate if:

  • You live together but are not married. Your partner will inherit absolutely nothing, even though you may have really not wanted it to be so.
  • If you want your spouse to get as much inheritance as possible. Your children gets half of whatever is yours, while your spouse inherits the other half, if you do not have a will.
  • Patchwork families with common children, of both you and your partner. In this respect, the law always favourites your own children but is that really fair?

Without a will your heritage will go to

In England there are three main inheritance orders of who your heirs will be without a will. If you have got an heir in order 1, there will be no need to look at the heirs in order 2 or 3. However, if there are no heirs in order 1, then those in order 2 receives your property. If neither of the first or second order is alive to inherit you, then your grandparents and their descendants, which make up the third order gets to share whatever you’ve left behind.

1. Order – Children and spouse

Children and your spouse will be the major heirs. The spouse and the children will divide the inheritance in two equal parts. If you for example have got a spouse and two children your spouse will get 50 % of inheritance and your children will get 25 % each.

If you have no will and you live together with a partner, notwithstanding how long or how important the relationship was to you, as long as there was no marriage, on your demise, all the property gets awarded to your children.

If there are no heirs in the first order, then those in order 2 will inherit you. 

2. Order – Parents and their descendant

The second order is made up of your parents and siblings. If your parents have passed away, then your siblings take everything. If one or more of your siblings have passed away, then their children will inherit you on their behalf.

Example:
Peter’s parents have passed away leaving behind 3 children (Peter’s siblings). One of the siblings have also passed away, leaving behind 2 children.

Peter leaves a total of total £300.000 on his demise. Since he was never married or had any children, his siblings are to inherit him, as they are the second order, in line with the law. The two siblings each get £ 100.000 each, while the children of the sibling how has passed away, will get to divide the share of their parents, thus getting £50.000 each, in accordance with the law.

 If there are no heirs in the second order your heirs in the third order will inherit you.

3. Order – Grandparents and their descendant

If you do not have a spouse, children, parents or descendants from your parents, then your grandparents and their descendants will inherit you.

If your grandparents are not alive the inheritance goes on to their descendants, which can be your uncle or aunt. If your uncle or aunt are also not alive, then your inheritance will be passed on to your cousins and so on.

Example:
Simon has no spouse, children, parents or descendants from his parents. His grandparents have also passed away and his uncle and his deceased aunt will therefore be awarded Simon’s inheritance. However, Simon’s aunt leaves behind 3 children.

Simon’s inheritance is worth £200,000 and his uncle inherits £100,000 from this. Simon’s aunt’s children will have to divide the remaining inheritance of £100,000, which was supposed to be awarded to their mum in three. Therefore each of them receives £33,333.

In general, the truth remains that inheritance order is rarely how we as individuals living in England would like to divide our valuables when we are no more. This is because we may have needs we want met with what we have left behind. Writing a will, can help solve these problems, as it ensures you decide on your own how your inheritance should be divided.

Help your heirs by writing your will today. You can start today.