Our children are guaranteed to inherit my estate because my partner and I have both made wills – Myth or truth? Private Wealth
This is a myth – in most cases a surviving partner can change their will. If they meet someone else, for example, they may change their will, affecting what your children will inherit. The solution is to have your will drafted by a solicitor who can ensure this scenario is taken into account. It is also worth noting that if a surviving partner remarries, their will becomes invalid and, without a new will, their new spouse will inherit all or most of their estate. It is essential that a new will is drafted following marriage.
For more details on this or for advice on any private wealth matter, call and speak to one of our team on 01782 205000 or visit our Private Wealth page.