I often act for younger clients who are in the middle of getting divorced. The main reasons why it’s of paramount importance to make a new Will at this time are as follows:
- The matrimonial home will almost certainly be held as a Joint Tenancy. This means that when one partner dies, the other automatically inherits. We can sever the Joint Tenancy and convert it to a Tenancy in Common, which will allow each partner’s share of the property to pass to their chosen beneficiaries (often their children) by Will.
- If you have not made a Will and you are not yet divorced, your spouse would most likely inherit your whole estate (up to a certain limit).
- You may wish to consider appointing Guardians for your children.
Please telephone me for a free a initial chat to discuss your individual circumstances.