Many people now decide not to marry or enter into a civil partnership for a variety of reasons, but not everyone is aware that there can be financial implications of this.
If you die without a Will and are unmarried it is likely that most or all of your assets will not pass to your partner, leaving them struggling.
There can be an effect on the inheritance tax that your estate will have to pay.
Proper professional advice on estate planning can help make sure you know what will happen to your estate when you die.
“Unmarried partners are often in a worse position financially than those who were married: they may be ineligible for death benefits or pensions. If the person died without making a will, unmarried partners don’t inherit anything automatically,”