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You are married with no children

All your personal chattels and the first £200,000 of your estate goes to your surviving spouse. The remainder of your estate is then divided into two equal shares.

  • Your spouse is given one share absolutely
  • The other share is given to your parents or if no parents your brothers and sisters (or nieces and nephews)

If there are no surviving relatives then the whole of the residue passes to your surviving spouse.

However
  • When you and your spouse dies 40% Tax on everything over £300,000 may have to be paid. Click here for more information on Inheritance Tax
  • Your spouse will probably leave your collective estates to his/her family
    and your family may never inherit from you.
  • Friends, Charities and pets cannot benefit.
  • Funeral wishes may never be known.
  • The above information is not exhaustive and should be used as a guide only.   We strongly recommend you seek guidance from your solicitor or telephone us on 0800 0562015

IT MAKES SENSE TO MAKE A WILL