Why Making a Will Matters

Whilst pop stars Liam Payne and Cheryl Tweedy split amicably, the passing of Liam has brought to light an important topic many overlook - planning for the future, especially when children are involved. Despite their celebrity status, their experience serves as a reminder that no one is immune to the emotional and legal complexities that can arise without a valid will.

Following Liam’s death, it has come to light that he died without a Will, leaving an estate worth approximately £24 millions to his son, Bear. Cheryl (as Bear’s only living parent) and Liam’s music industry lawyer, Richard Bray have been appointed as the administrators of Liam’s estate.

A Shared Child and Separate Lives

Where a parent passes away unexpectedly, the future of the child, financial and otherwise, could become a matter for the courts. A will ensures that parents can nominate guardians and trustees, allocate assets, and express their wishes clearly - avoiding family disputes and uncertainty.

Why a Will is Essential

Liam and Cheryl shared a son, Bear, born in 2017. Though they parted ways a year later, both remained dedicated co-parents. Even if you’re not navigating fame and fortune like Liam and Cheryl, the importance of a will cannot be overstated:

Protecting Your Children: Writing a will allows you to name guardians for your children. Without one, the decision could fall to the courts, potentially placing your child in the care of someone you may not have chosen.

Clarifying Financial Arrangements: If you have joint assets, business interests, or children from previous relationships, a will helps direct your estate clearly. This is especially important for co-parents like Liam and Cheryl, who lead separate lives but share financial responsibilities for their child. It is worth considering that whilst the split between Liam and Cheryl was amicable, Liam may have wanted to appoint someone else to look after Bear’s inheritance. Furthermore, Liam may have wanted to place Bear’s inheritance into trust until he was older.

Reducing Stress for Loved Ones: A clear will can prevent unnecessary conflict and confusion, offering peace of mind to those left behind.

Avoiding Intestacy Rules: Dying without a will (known as dying “intestate”) means your estate is distributed according to strict legal rules which may not reflect your personal wishes or family dynamics.

The Celebrity Wake-Up Call

Liam and Cheryl’s situation is a good example of why proper estate planning is essential, especially for unmarried couples with children. The law does not automatically protect partners who are not married or in a civil partnership, regardless of the relationship’s duration or seriousness.

Whether you’re a global superstar or an everyday parent, making a will is one of the most responsible steps you can take for the people you love. Life is unpredictable, but with a well-drafted will, your wishes are clear, and your loved ones are protected.

You may be asking yourself 'Do I need a will?' Don’t wait for a crisis. Make your will today and give your family peace of mind for tomorrow.