9th May 2025 | David Mulholland TEP | Private Wealth, Wills, Liam Payne

News that former One Direction star Liam Payne passed away without a Will has brought renewed focus to the importance of proper estate planning. Liam’s estate, reportedly worth £24 million, will now be subject to the statutory rules of intestacy. As he was unmarried at the time of his death, his entire Estate is set to pass to his young son, Bear, who will become entitled to the inheritance when he turns 18.

The Risks of Dying Intestate

Without a valid Will, there are no protective measures in place to safeguard Bear’s inheritance. While he will receive the funds in full when he reaches adulthood, there are no instructions for how those funds should be managed in the meantime, nor is there any structure for long-term protection or guidance.

Had Liam created a Will, he could have:

  • Appointed Executors and Trustees to manage the Estate and any ongoing income (such as royalties).
  • Named Guardians to care for Bear, if needed.
  • Provided for other loved ones, such as a partner, friends or family.
  • Set out specific instructions on how and when Bear should benefit from the Estate.

A Surprising Oversight

Given Liam’s profile and wealth, it is likely that he had a team of professional advisers around him—accountants, lawyers, agents, and wealth managers. It is surprising that a Will was not in place, particularly given his personal circumstances: substantial assets and a young child from a previous relationship.

Of course, he may have received advice and simply delayed acting on it. But the consequences of that delay are now significant. There is no plan in place for future income streams from Liam’s music career, no provision for his bereaved partner or wider family, and no control over how Bear’s inheritance will be used.

Why This Matters to Everyone

While this case has gained media attention due to Liam’s fame, it highlights a much broader issue. More than 56% of adults in the UK still do not have a will in place. Many assume they don’t need one, or believe their affairs are simple. But the reality is that dying without a Will removes any control you have over what happens after your death.

Protecting Your Legacy

A valid will is not just a legal document—it’s a way to take control of your legacy. It ensures your wishes are honoured, your loved ones are provided for, and your affairs are handled by people you trust.

No matter your age, wealth or circumstances, don’t leave things to chance. Take advice, act now, and protect what matters most.

If you’d like help preparing or reviewing a Will, our Private Wealth team at Sherrards is here to guide you.

📧 law@sherrards.com