If you have remarried you may think that one way or another your estate (i.e. your property and money) will go to your children.
You may be wrong!
Look at this example:
Alan & Betty Smith have 3 grown up children when they divorce. The money and assets are then split equally so that they each have £300,000.
Betty [...]
What is sometime called Second Marriage Syndrome is an inelegant term for a situation where a parent remarries and goes on to own all or most property jointly. This can have serious consequences for the children.
If that parent dies before the new spouse does, with or without a will, jointly owned property stays with the [...]
The UK average annual fee for a single room in a nursing home, it is £35,100 according to the Laing and Buisson (Care of Elderly People) UK Market Survey 2008.
As of April 2009 (which allows for the increased threshold levels) your assets over £22,000 are liable to be ‘used’ to pay Care Home [...]
I have just seen the cheapest version of a DIY Will kit yet. I was posting a letter in the Box Post Office in Corsham (which in Wiltshire and just a few miles from Bath for those who don’t know). I noticed a poster advertising a DIY Will kit for just £9.99. Well that beats [...]
The recent sad death of a young mother called Jade Goody from cancer, made plenty of headlines. It has raised many issues including cervical smear testing regimes and the ethics of dying in the public eye.
The fact that Jade knew she would die in a short time made her deal with a number of issues [...]
Any parent with a disabled child will be concerned about providing for that child’s special needs after his or her death.
By making a Disabled Discretionary Trust you appoint someone (i.e. one or more trustees) to make financial decisions regarding the inheritance for your disabled child. There must be more than one potential beneficiary or the [...]