Stieg Larsson, the Swedish author famous for his series of novels including ‘The Girl with the Dragon Tattoo’, did not make a will before he died. Subsequently, the series rose to great acclaim, resulting in large royalties passing into his estate. However, because he did not have a Will, none of this fortune could revert to his long-term partner.
Swedish intestacy laws do not recognise unmarried, cohabiting couples in their provisions for the sharing of the estate so the author’s hard-earned fortune was instead awarded to his estranged family.
The situation is currently the same in the UK, highlighting the importance of making a will. To do otherwise can be to leave the destination of a life’s fortune to chance. Although the Government is considering amending various laws to extend property rights to unmarried couples or those in civil partnerships, it is not clear whether this will include amending the intestacy rules in this regard.
Therefore, unmarried couples in particular should seek professional advice as to what documentation they should have in place to protect their interests. Cohabitation agreements and wills are nearly always recommended and a private client solicitor will be able to draft both of these documents as well as advising on inheritance and tax planning.