If you haven't got a will, take a minute to think about what will happen to your money, home and belongings when you die. No doubt it's a little complicated, and probably not quite what you would ideally want.
A will can clear all the uncertainty, reduce the tax you pay, and make it easier for family and friends to deal with your estate when you pass. And this October, anyone over the age of 55 can get a will for nothing thanks to Free Wills Month.
What happens if you don't have a will
If you don't have a will, the law decides who gets what. It varies across the UK, but there are a few common rules. With each of these scenarios it means it's unlikely close friends and anyone outside your immediate family will get anything at all.
Most of the time your money will pass to your husband or wife – if you're married or in a civil partnership. If you're not, your partner isn't' legally entitled to anything.
If you don't have any close living relatives, the whole estate belongs to the government.
How to get a free will
You simply need to head to the Free Wills Month website and enter your name, postcode and email address. You'll then be able to find a participating solicitor near you and make an appointment.
The campaign runs for all of October, though appointments are allocated on a first come first serve basis.
Under 55? You should still get your will written.
Though you can't get the free will service this month, there are a few options available to you.
You can pay to use a solicitor, use a will writing service, or do it yourself.
A solicitor will cost between £100 and £200, potentially rising to £300 or so if you're in a couple. More complicated wills, such those involving overseas property or trusts, will cost more.
A will writing service will be around £75, though extras can quickly add up.
Finally, it can cost as little as £10 to write your own – though the templates are very basic and you might miss out on specialist advice.
Don't stop when you've got the will
Though it's most important to have something legal written down, don't just slide the will in a drawer and forget about it.
Here's a list of the top articles on the Money Advice Service website to answer some of your other will related questions:
This article is provided by the Money Advice Service.