You can’t take it with you when you go….
However thanks to a recent court decision there is more certainty that your wishes will be followed after your death. The law regarding inheritance Act Claims has recently been clarified following the recent Supreme Court decision in the case of Ilot v The Blue Cross and Others.
Heather Ilot made a claim in respect of her mother’s estate after her mother passed away and left all her money to charity. Heather had been estranged from her mother after leaving home at the age of 17.
The Court originally dealing with the matter awarded Heather £50,000 following a claim which she made. She appealed against the decision requesting more money and the various charities said she should receive less. The Court of Appeal awarded her £143,000 but this was then reduced by the Supreme Court to £50,000
If you are thinking what might happen when you pass away it is always a good idea to speak to an experienced Wills and Probate lawyer who can advise you whether or not your Will is likely to be challenged and also advise you as to whether you should prepare a letter of wishes to explain your intentions at the time of making a Will.
There are many benefits to making a Will. It gives you peace of mind as to what will happen to your money and property when you pass away. If you make a Will then you can appoint guardians to be responsible for your children in the event of your death. If you are a couple who are living together or if you have recently married, divorced, or separated then you may need to make a will or review your existing Will If you need further advice please contact Samantha Downs on 0116 2018566 or at firstname.lastname@example.org.
There are a number of people who can potentially make a claim in respect of an estate when someone has passed away if you need further advice in this area please contact Sarah Spence on 0116 2018566 or at email@example.com.