September 15, 2022

Will Writing

Re-Marriage and Wills.

Re-Marriage and Wills.

A third of all marriages in England and Wales are between couples where one or both spouses had been previously married. Whether the previous marriage

A third of all marriages in England and Wales are between couples where one or both spouses had been previously married.

Whether the previous marriage ended in death or divorce, many couples have children from previous relationships creating "Blended Families".

Many people do not realise that marriage / remarriage cancels any existing Will that is in place.

Without a valid Will in place which states otherwise, your new husband or wife will stand to inherit the first £270,000 of your estate, and half of the remaining estate, if you die first and have surviving children.

Under the rules of intestacy, your spouse is given priority over your children and so will be the Main Beneficiary, which means that when you die, your spouse could receive everything, and your children could inherit nothing or very little.

Most people who re-marry say they want to leave everything to each other, then when the second person dies, share everything equally amongst all their children. But if you die first, how can you be sure that this will actually happen?  

VERY often it doesn't happen and with what was considered fair when written together to benefit the children from BOTH families can then be changed after your death and result in your children being excluded.

Your spouse is entitled to change their Will, marry again and even have more children, taking your wealth into any new relationship.

It doesn’t take much imagination to know how you would feel if any of this came to pass, when some simple changes to your Will could avoid all of this and protect your assets for your family and future generations.

To ensure your Will is future proof and protects YOUR children, call us today for a FREE Will review.