Divorce of Beneficiaries - is your Will 'Divorce-Proof'?
The harsh reality of modern life means that marriage isn’t always forever. Sadly in the UK 42% of marriages end in divorce.
Did you know?
- You can write a Will in anticipation of your marriage
- Marriage automatically revokes any previous Will you may have
- When you divorce your Will remain
You may have already planned who your beneficiaries will be, thinking your children will eventually inherit your assets, but this might not actually go to plan…
Have you ever thought what will happen to your children’s inheritance if they were to divorce?
Picture this scenario, as a result of a divorce your child has to split half of your money with their ex-partner, so that money you intended for your children and grandchildren will just go to someone else. Clearly NOT what you had in mind.
As much as you try you can’t spare your children from the pain of a divorce, but you CAN spare them the bitterness of losing part of their inheritance to an ex-spouse or partner.
Setting up a simple Trust alongside your Will, means that you can control where your money goes, even after you have gone.
So, get in touch with us TODAY to make your Will ‘Divorce-Proof’ and protect your assets.
Send me a message or contact me on the following:
01189776064
info@afps.co.uk
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Gill Werrett is a Legal and Financial expert with many years` experience at both the corporate and private individual customer level. Having previous connections to The British Film Industry through…