Creating and updating your will is an essential step to ensuring that your estate is dealt with as you wish it to be upon death and in the most tax efficient way.
If you do not leave a will your estate may be distributed according to the law rather than your wishes. This means that if you are not married or in a civil partnership, your partner will not inherit automatically.
By making a will you can also maximise Inheritance Tax reliefs and exemptions if your estate is worth more than the Inheritance Tax threshold.
