Yes, your will should still be valid. However, if your ex-spouse or civil
partner was appointed as an executor of the will or if they were to inherit
property from you, they will be treated as though they had died on the day your
marriage or civil partnership ended. The practical consequence is that they
cannot act as executor and they do not inherit.
Although your will is still valid, getting divorced could be a the perfect time
to review it, especially if you had previously planned to leave
You can write your own Will, without any help or legal guidance and as long as
it is properly signed and witnessed it should still be legally valid in the UK.
It’s just not recommended for a number of reasons:
The problems with going it alone
A Will is a legal document where errors can cause it to be invalid or ambiguity
means costly mistakes are made after your death.
The main problems are:
* You may not know or include all of important clauses which need to be used.
* By not using wording
A will does not become binding until the person who makes it dies. Until that
point the person making the will is not bound at all and can change their mind
as often as they like by making a new will.
For guidance on what makes a valid will, see How do I make sure my Will is
As always, we’ll be on hand to give you guidance and checklists every step of
the way, so if you have any questions, you only have to ask.
You can co-own property with other people in one of two ways:
* As joint tenants; or
* As tenants in common
Where co-owners of property are tenants in common, each of the co-owners has a
separate share of the property. The shares can be in any proportion, so they can
be equal or unequal.
Unlike in a joint tenancy, when one tenant in common dies their share in
property can be passed on under their will, just like other assets.
Property can be co-owned in two ways:
* As joint tenants; or
* As tenants in common
Where property is co-owned by joint tenants each of them owns the whole property
and (while they remain joint tenants) the property cannot be shared between
Property which is owned by joint tenants is not inherited under a will. When one
joint tenant dies their share of the property goes to the surviving joint
tenant(s) and the survivors then own the whole property – even if the deceased’s
will says so
If you have documented your wishes that are to be carried out after your death
in the form of a will, you will need to review it periodically.
Having your estate and finances distributed to people of your choosing can be
handled legally by way of a will. However if your circumstances change you may
want to alter things like beneficiaries or change assets that are bequeathed to
a specific person.
Life brings about many changes and there are a number of instances where you may
need to amend your Read More »
In the eventuality that the unthinkable happens, you will need a will to make
provision for your partner or spouse. This will not only ensure that they are
financially provided for, it will saves months of painful legal process and
potential disagreements with other relatives.
Making a will is not always on the forefront of everyone's mind especially when
daily living, work, and other things take over. However, it is a sound part of
your overall financial planning.
If you happen to die befor Read More »
Traditionally, the way to write a will and get your affairs in order has been to
engage the services of a solicitor. Having expert help to walk you through the
legal steps required gives a level of comfort and security when it comes to
making plans for your estate.
It also comes at a price.
Using a solicitor to document how you want your finances and assets managed in
the event of your passing does not come cheap. It can also take more than one
appointment which can rack up the cost.
An onl Read More »
You may have thought once or twice about preparing your will. It is one of those
tasks that is easily put off, but it is essential to protect your family, your
estate, and convey your wishes legally and effectively.
However, like many others you may have delayed writing your will for any number
It can be time consuming
It can be stressful or unpleasant
It can be expensive
To draft a will in the traditional manner you will need to book an appointment
with a solicitor, sort out Read More »
Now the hangover has passed and we are back into daily routine here are three
simple things you should sort out in the New Year to keep your AFFairs In Order
(thats the origin of the affio name).
1. Write your Will – it should take between half an hour and an hour to do on
affio. Print it, sign it in front of witnesses and put it somewhere safe.
Tell someone you trust where your Will is! Wills are much simpler than
people realise and it is better to have something and come back lat Read More »