This next podcast in the estate planning series covers making a will to ensure your wishes are respected and enacted upon following your passing.

Key Takeaways

  • Unmarried couples have no right to any of the estate if there is no will.

  • A will is essential to mitigate a potential inheritance tax liability.

  • Separated spouses still not yet divorced continue to have rights to the deceased estate.

  • Jointly owned properties and possessions can be a way of protecting your spouse, allowing them to have access to joint bank accounts, for instance, before the estate is settled.

Get In Touch

If you would like some help with estate planning, get started by booking a free 30 minute call:

Book A Call

Want to know more? Take a look at these other Estate Planning related articles:

Lifetime Gifting: https://ttwealth.co.uk/lifetime-gifting-exemption/
Types of Trusts: https://ttwealth.co.uk/types-of-trusts/
Intestacy Rules – Dying Without A Will: https://ttwealth.co.uk/intestacy-rules-dying-without-a-will/
Intergenerational Wealth Transfer: https://ttwealth.co.uk/what-is-intergenerational-wealth-transfer/

Receive the latest TT Wealth Financial Planning Newsletter along with regular tips by email:

 Your email address will NEVER be shared or sold. You are always free to easily unsubscribe or customise your email preferences at any time. If you have any questions, please contact: tony@ttwealth.co.uk

Subscribe Now

Subscribe on itunes
Subscribe on Google Podcasts
Subscribe on Spotify
Subscribe on Stitcher
Tony Talks Wealth - RSS Feed