gazza.1990
Striker
Naive question here probably, but if married does everything not automatically go to the other anyway?
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When you marry it supersedes any pre-existing will. You can then make a new one which doesn’t have to leave everything to the spouse. Commonly when people re-marry they want to leave their assets to their kids from the first marriage.Naive question here probably, but if married does everything not automatically go to the other anyway?
All goes to next of kin which is your partner. The problem would be if you died together. If you died first then your wife and there was no children it would all go to your wife’s family. If your wife died first it would all go to your family. If you died at same time the eldest is deemed to die first.Naive question here probably, but if married does everything not automatically go to the other anyway?
Intestacy rules are : Kids should inherit equally. If no kids, then parents. If parents not around, each sibling gets an equal share, if one of the siblings is deceased, his/her share divided between theHow do wills work then? Why do I need one? I know my parents don't have one. We were recommended we made one when we bought our mortgage, but haven't done yet.
If you don't have a will, are your kids still entitled to split everything between them?
Think I will be doing that todayJust pay the £60. It's not a bad deal.
How do wills work then? Why do I need one? I know my parents don't have one. We were recommended we made one when we bought our mortgage, but haven't done yet.
If you don't have a will, are your kids still entitled to split everything between them?
What was the problem with it? Was it not signed/witnessed correctly, or did the original will include her and he didn't alter it properly?My Uncle did a DIY will but he made a mistake on it it so it was invalid. His wishes were splitting things between his second wife who he was still married to and his two adult children. There was money he inherited from his father that he said would be passed to his daughters on his death. As the will was invalid, everything went to the second wife and his children got nothing.
You'd think the second wife would give them something but she kept the lot. She also kept worthless sentimental things that the children really wanted and scattered his ashes without them so they don't even know where he is.
Would recommend everyone getting a will for peace of mind. When it's needed, you're not going to be around to sort out any mistakes and it saves a load of grief for the family when they're already upset dealing with your death.
What was the problem with it? Was it not signed/witnessed correctly, or did the original will include her and he didn't alter it properly?
Straight forward, 100% to the other partner if anything happens. Anyone done it recently?
Not marriedI would have thought that a husband and wife would have joint tenancy as a default and it would not be necessary to make a will as all assets would transfer to the surviving spouse?
I'm not certain though.
Not married
Tried it once, never againAhh, then for 60quid it might be better to get it set up correct as other s have said.
LPA wouldn't cover the money needed to go in a home surely.We did ours a few years back, including LPA's and everything going into a trust so nothing can be taken away from the kids (Inheritance tax, money if we need to go into a home etc...)
Wasn't cheap, but all worth it....
One of those DIY templates where you just fill in the details but he forgot to sign it.
Just pay the £60. It's not a bad deal.
We did this a few years ago with a local solicitor. I think we donated a suggested £75 to charityTry Googling free will month where you get a free will if you leave a donation to a charity of your choice. I think it starts in March this year.