The modern blended family – avoiding inheritance nightmares
It is vital you alter your will if you go through a change of circumstances, such as remarriage. BLM's head of private wealth, James Beresford, explains to The Money Pages how having a comprehensive will could prevent disinheriting your children.
The High Court recently intervened in an inheritance dispute (Scarle v Scarle) between two step-sisters, Deborah Cutler and Anna Winter, whose parents tragically passed away within days – potentially even hours – of the other.
The case has thrown the importance of a correctly-drafted will into sharp focus. It is a particular dilemma often faced by people in second marriages, who would like to provide for their partner and still make sure their children receive their inheritance.
For the blended family, it is a common source of will disputes, and can cause real issues for those left behind.
Read the full blog here.
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