Liam Payne and the Importance of Estate Planning

The death of Liam Payne at the age of 31 shocked the world, he left a £24 million legacy. He was in a committed relationship with his girlfriend Kate Cassidy and had a 7 year old son. There’s one important thing to note. He died without having a Will.

His estate will now be governed under the UK intestacy laws which means that all of his estate will pass to his son when he turns 18.

Undoubtedly, questions arise

• Is that what Liam would have wanted?
• Would he have set a higher age for his son to inherit the money?
• Who would he have chosen as administrators to hold the funds for his son?
• Would he have made specific bequests to his family/friends/girlfriend?

The answers to the above questions will never be known as without a Will, you don’t get to choose. The UK intestacy laws may not align with the deceased’s wishes

As Liam was not married at the time of his death, his girlfriend Kate is not automatically entitled to anything, despite if he supported her financially or how long they were together. Kate even published a note purportedly in Liam’s handwriting saying that he wished to marry her within two years. If Liam had made a will, he could have included his intention to marry Kate, even if they did not marry by his death, she still would have been provided for.

Kate could claim against Liam’s estate under the Inheritance (Provision for Family and Dependants) Act 1975, someone financially dependant on the deceased at the time of death may be able to claim for “reasonable financial provision”. Kate would have to provide very specific pieces of evidence for the Court to consider. If Liam and Kate had married and he still did not have a Will in place, she still would have been provided for under the UK intestacy rules.

Liam Payne’s case highlights the importance of having a Will, no matter your age, especially for unmarried couples. As is the case with Liam, if you die without one, despite your intentions, those closest to you may be left with nothing.

How we can help?

If you either don’t have a Will, or want to update your existing Will, please speak to one of our private client specialists in any of our branches.

Blog by Isobel Chamberlain, Solicitor