Let’s be honest - writing a Will probably isn’t at the top of your to-do list. But if you want to make sure your loved ones are looked after and your wishes are followed, having a Will is one of the most important things you can do. Without one, the law decides who inherits your estate—not you.

Why It Really Matters: Liam Payne’s Story

The importance of having a Will hit headlines earlier this year when singer Liam Payne sadly passed away without one. Despite his success and having a young son, Liam died intestate - meaning the law, not his personal wishes, decides what happens to his £24 million estate.

By law, everything now goes to his son when he turns 18. That might seem fine, but his partner at the time, his parents, and his siblings won’t receive anything because they’re not included under intestacy rules.

What Else You Should Know

From April 2025, the Government confirmed that Inheritance Tax (IHT) thresholds will remain frozen until at least 2030. This could have a big impact on how much of your estate gets passed on to your loved ones.

This Could Affect More People Than You Think

With UK house prices rising significantly over recent years, many people are now finding their estates are worth more than they realised. That’s great news - until you look at how inheritance tax works:

• You can currently leave £325,000 tax-free (the Nil Rate Band) to anyone.
• If you’re passing your home to a direct descendant (like a child or grandchild), this increases by £175,000, giving you a potential total allowance of £500,000 (with the Residence Nil Rate Band).

But with these thresholds frozen while property prices keep rising, more and more families are being pushed into the 40% tax bracket on anything above the limit - often without realising it.

How Having a Will Can Help

✅ Makes sure your estate goes to the people you choose
✅ Helps avoid delays and stress for your loved ones
✅ Appoints guardians for your children
✅ Can be structured to help reduce inheritance tax

No Will Yet? We Can Make It Easy—And Free*

Even with fame, wealth, and access to legal advice, its easy to overlook making a Will, but Liam Payne’s situation highlights that anyone can be affected.

That’s why Essential Insurance has made it simple. We’re offering a free basic Will* to all our customers to help you get started.

It’s your chance to protect what matters most and make sure your wishes are followed without leaving your family in a difficult position later on.

Call us today on 0800 612 8005 to find out more.

*Free basic Will offer is one per household and the Financial Conduct Authority does not regulate Will writing.