Crosswords0 min ago
Beneficiary In My Will
If a beneficiary under my will is dead by the time I die, does that bequest automatically lapse? My son and daughter are due inherit half each but, if he is dead I want all to go to my daughter.
Answers
There are lots of really good answers on this thread. If I might give the definitive answer: You need to take advice on your current Will since it may or may not provide for a surviving child to inherit your entire estate. It will be easy to deal with by way of a codicil. Broadly speaking, s33 Wills Act 1837 says that if you leave a bequest to a child or issue (that's...
18:06 Sat 01st Apr 2023
CHris used to write these things for a living
You specify in Legal
and if not living then ...
I think but Chris may correct
to x and y in equal halves if living, and if dead , the whole part to the survivor
I think does the trick
remember to put in if both dead, dogs home or Mrs Mopp darn da road etc
You specify in Legal
and if not living then ...
I think but Chris may correct
to x and y in equal halves if living, and if dead , the whole part to the survivor
I think does the trick
remember to put in if both dead, dogs home or Mrs Mopp darn da road etc
There are lots of really good answers on this thread.
If I might give the definitive answer: You need to take advice on your current Will since it may or may not provide for a surviving child to inherit your entire estate. It will be easy to deal with by way of a codicil.
Broadly speaking, s33 Wills Act 1837 says that if you leave a bequest to a child or issue (that's any descendant) and that child/issue dies before you, then their children inherit, UNLESS A CONTRARY INTENTION APPEARS IN THE WILL. I do not know what your current Will says, but the best way to ensure that the survivor inherits is to say "I declare that s33 Wills Act 1837 shall not apply to this my will".
How your will is drafted at present is important and you should ensure that you seek advice on it.
If I might give the definitive answer: You need to take advice on your current Will since it may or may not provide for a surviving child to inherit your entire estate. It will be easy to deal with by way of a codicil.
Broadly speaking, s33 Wills Act 1837 says that if you leave a bequest to a child or issue (that's any descendant) and that child/issue dies before you, then their children inherit, UNLESS A CONTRARY INTENTION APPEARS IN THE WILL. I do not know what your current Will says, but the best way to ensure that the survivor inherits is to say "I declare that s33 Wills Act 1837 shall not apply to this my will".
How your will is drafted at present is important and you should ensure that you seek advice on it.