Why you must make a will

AP Photo/Scott Heppell

Want to know something terrifying? In the UK 60 percent of people die intestate. That means they don't leave a will behind them, and their estate is distributed according to a strict set of laws, rather than as they would have wanted.

Many of us know who we want to receive our assets, but plenty of us also naively think they'll end up in the right hands even if we don't make a will. Here are just a few reasons why it's so important to make a will, and how you can get one without spending a fortune.