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Wills And Inheritances - Second Marriage
Mr and Mrs A made mirror wills. Mrs A died. Mr A then registered all the family’s assets in his name. Mr A remarried, but before he could make a new will or arrange Power of Attorney, he had a stroke which meant he no longer had capacity to deal with his affairs or make decisions. Could the second wife take over all the assets, sell the original family house to cover care-home fees, liquidate savings for the same purpose, use Mr A’s bank accounts ? ( Whether or not they have a joint bank account.) What formalities, if any, would be involved ? Would the second Mrs A need to consult a solicitor or accountant or ( say ) the Court of Protection, or what ?
If he died of the stroke, would Mrs A2 automatically inherit everything from her new husband ?
If he died of the stroke, would Mrs A2 automatically inherit everything from her new husband ?
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For more on marking an answer as the "Best Answer", please visit our FAQ.Mrs A2 needs to apply to become a deputy. The court order that's granted will specify what here powers will be:
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Mr A's will was automatically revoked when he re-married. The intestacy rules will now apply, meaning that MrsA2 will get everything. (The only exception would be if they had children and the estate was valued at over £250,000).
http:// www.min datrest .co.uk/ images/ 2015-in testacy -flowch art.jpg
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Mr A's will was automatically revoked when he re-married. The intestacy rules will now apply, meaning that MrsA2 will get everything. (The only exception would be if they had children and the estate was valued at over £250,000).
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