It's easy to put off making a will. But if you die without one your assets may be distributed according to the law rather than your wishes. This could mean that your partner receives less, or that the money goes to family members who may not need it. You’ll also need to appoint an executor. It’s their responsibility to pull together all the estate’s assets, pay off debts – including inheritance tax – and distribute the remaining amount according to your will. It can be a complex and demanding task. If you have a spouse or civil partner and children, your partner will inherit at least the first £250,000 of your estate, and all your personal possessions, with your children or grandchildren having a claim to anything over £450,000. If you do not have children, your partner will be entitled to at least the first £200,000 and all your personal possessions, and they will then share any remainder with your other relatives. Talk to IQ Financial. We can advise you how to plan your finances and make the most of your will for your loved ones.

Will Writing is not regulated by the Financial Services Authority Will Writing is not part of the Openwork offering and is offered in our own right. Openwork Limited accept no responsibility for this aspect of our business.