25/09/2025
This past April, I lost a close friend, Chris. He was just 55 — fit, active, and seemingly full of life ahead.
He had just finished building his dream home. After months of work, he and his wife had finally moved in, ready to enjoy the life they had created together.
Then, one afternoon while building a kitchen table, Chris collapsed from a sudden heart attack. His wife, in another room, called for help — but by the time paramedics arrived, it was too late.
The tragedy was painful enough. But what followed has been even more difficult.
Chris left no will. No written plan for his family. His wife had no idea about his accounts or pensions, and only after digging did we uncover his army pension — which will provide her with some support.
But Chris also had an ex-spouse and two grown-up children. And under UK law, without a written Last Will & Testament, his wife will inherit everything by default. That leaves his children with little more than bitterness and broken memories — bitterness and ill feeling even toward their own father, Chris — and a family torn apart.
Sadly, this is not unusual. As of April 2025, the Crown holds £1.6 billion in assets from people who died without a will. I don’t believe this is £1.6 billion worth of complacent people — I genuinely believe this is £1.6 billion worth of people who thought they had more time.
And here’s the part many don’t realise: after 30 years, the Crown gets to keep these assets permanently, and no further claims can be made. In fact, it’s estimated the Crown inherits between £50–60 million each year in unclaimed estates.
And it’s not just the UK with this system — many other countries have similar rules where, without a will or clear estate plan, the state can step in and claim what you leave behind.
If you have assets abroad, the risk multiplies. Whilst UK law follows marital status, Thai law follows the bloodline. That means Thai assets do not automatically pass to your wife. And if your wife or partner were to pass before you, you could be left with a very big problem.
Financial planning isn’t about numbers on a spreadsheet. It’s about clarity, care, and making sure your legacy goes where you intend — not where the law dictates.
So tonight, I encourage you to do one simple thing: have a conversation at the dinner table. Discuss this subject openly. Make sure your partner or wife knows what to do, where to find your documents, and who to contact if you weren’t here tomorrow.
Don’t leave it too late.
If you need help or advice, then please get in touch for an open and honest assessment.
Because tomorrow isn’t promised — but your family’s security can be.
