The Importance of Having a Will in the UK
Writing a will is one of the most important steps you can take to protect your family and ensure your wishes are carried out after you’re gone. Yet in the UK, over half of adults still don’t have one in place. According to a 2023 study by Canada Life, 53% of UK adults have no will at all.
At MP Estate Planning, we believe everyone—regardless of age or wealth—should have a valid will. Let’s explore why it matters and how it protects you and your loved ones.
What Is a Will?
A will is a legally binding document that outlines how your estate—your money, property, and possessions—should be distributed after your death. It also allows you to appoint guardians for minor children and specify your funeral wishes.
Why You Need a Will
- Decide Who Inherits: Without a will, your estate is distributed according to intestacy laws—not necessarily how you’d want.
- Protect Unmarried Partners: If you’re not married or in a civil partnership, your partner won’t automatically inherit anything unless it’s in a will.
- Appoint Guardians: If you have children under 18, a will lets you decide who should raise them if you pass away.
- Avoid Family Conflicts: Clear instructions help prevent disputes, delays, and expensive legal battles.
- Reduce Inheritance Tax: With proper planning, a will can help minimise the tax bill on your estate.
What Happens If You Die Without a Will?
If you die intestate (without a will), the law decides who inherits—and it may not be who you expect. Stepchildren, unmarried partners, or close friends are often left with nothing. For example, Gov.uk explains that only married or civil partners and close relatives will inherit under intestacy rules.
Who Should Make a Will?
Everyone. A common myth is that wills are only for the elderly or wealthy. In truth, you should make one if you:
- Own a home or have savings
- Have children or dependents
- Live with a partner
- Run a business
- Want to leave gifts or donations to charity
How to Make a Legally Valid Will
In England and Wales, a will is legally valid if it:
- Is made by someone 18 or over
- Is made voluntarily and without pressure
- Is made by someone of sound mind
- Is signed by the person making the will and witnessed by two independent people
At MP Estate Planning, we offer professionally drafted wills from just £99 + VAT. Unlike DIY templates, our team ensures your wishes are recorded accurately and legally—giving you peace of mind.
When Should You Update Your Will?
It’s good practice to review your will every few years, or whenever there’s a major life event, such as:
- Marriage or divorce
- Birth of a child or grandchild
- Buying or selling property
- Death of a beneficiary or executor
Outdated wills can be just as problematic as having no will at all—make sure yours reflects your current wishes and circumstances.
Conclusion
Writing a will isn’t about preparing for the worst—it’s about making life easier for the people you love. By putting your wishes in writing, you save your family stress, protect your assets, and make sure your voice is heard when it matters most.
If you’re ready to take the next step, book your free consultation here. We’ll guide you every step of the way and make the process simple and stress-free.