Quizzes & Puzzles54 mins ago
Renewing my will
What do I have to do to make sure that certain close relatives dont benefit from my will?
The type of close relative that would usually be entitled to something.
H
The type of close relative that would usually be entitled to something.
H
Answers
Best Answer
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For more on marking an answer as the "Best Answer", please visit our FAQ.Unless the relative is dependent upon you in some way, it doesn't matter how close to you they are. If you don't leave them anything in your will, they won't be able to get a penny from your estate. (None of the five beneficiaries of my will are my relatives).
Just ensure that your will is well-drafted and unambiguous.
Chris
(Former MD of a will-writing company)
Just ensure that your will is well-drafted and unambiguous.
Chris
(Former MD of a will-writing company)
-- answer removed --
Any ex-spouse, civil partner, dependant or family member of the deceased is entitled to make a claim on the will using the Inheritance (Provision for Family and Dependants) Act 1975.
But having to right to claim doesn't mean the claim will be upheld - the court decides. Indeed the only people guaranteed a payout are the lawyers representing the case.
So just be carefully before you decide to cut someone out of your will who could have a reasonable claim to be dependent on you.
BM (never been an MD of a will-writing company)
But having to right to claim doesn't mean the claim will be upheld - the court decides. Indeed the only people guaranteed a payout are the lawyers representing the case.
So just be carefully before you decide to cut someone out of your will who could have a reasonable claim to be dependent on you.
BM (never been an MD of a will-writing company)
Make sure your will is properly traceable as well so there is no issue with finding it either at all or the most up to date version.
Why not get it drawn up by a solicitor who will open a file and make sure that your intentions are properly noted so that can be used if the will is ever contested.
They can also advise you on a potential claim by the relative and possible even other ways to avoid it.
Why not get it drawn up by a solicitor who will open a file and make sure that your intentions are properly noted so that can be used if the will is ever contested.
They can also advise you on a potential claim by the relative and possible even other ways to avoid it.