UK:
Estate Planning For Second Marriages…
14 March 2014
Wedlake Bell
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Estate planning is important for all of our private clients, but
special considerations need to be borne in mind for those with
second marriages and/or step-children. It is often appropriate for
spouses to have "mirror" wills (containing very similar
terms), but where they each have children from another marriage,
there will be different interests at stake and their individual
Wills will need to cater for these. If relevant, consideration also
needs to be given to pre-empting any possible problems or disputes
after death between different sides of the family.
In this article first published in Private Client
Adviser (www.privateclientadviser.co.uk) on 20 January
2014 and reproduced here by kind permission, Fay
Copeland, partner and Head of the Private client team at
Wedlake Bell discusses the specialist issues that can arise in
estate planning where there are second marriages and/or
step-children, and what clients can do to try and avoid any
potential problems.
"Do the right thing" – article for
Private Client Adviser by Fay Copeland
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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