I’ve now got married, is my existing Will valid?
Marriage revokes your current Will unless such Will was made in contemplation of marriage.
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Are your beneficiaries financially competent to receive your assets?
Ms Careful is planning her Will. She is of course not certain what the future may look like.
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Second marriages
A second marriage brings the benefit of a transferable nil rate band of inheritance tax when assets are passed to the surviving spouse.
Cohabiting Couples with Children and the Residence Nil Rate Band
- YouTubeThe additional tax break Residence Nil Rate Band applies when the testator passes their residence to their children.
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A bereaved minor trust: what is it, how does it work?
This is a trust parents can set up in their Will leaving property to their children on attaining the age of 18.
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