Sunday, 19 November 2017

Wills and divorce

IN divorce, questions of finance and children are of huge importance — but few people consider the effect divorce may

IN divorce, questions of finance and children are of huge importance — but few people consider the effect divorce may have on their will. Until a divorce is absolute, a spouse may wish to change their will to ensure that their assets do not end up with their wife or husband. On decree absolute, any provision in a will for the former spouse will fail. This could mean that the estate is dealt with under the intestacy rules, which takes away the control a will provides.

Where guardianship of children is concerned, if both parents make wills appointing different guardians, there will be a dispute, inevitably to the detriment of the children. Finally, it is important to ensure that the will complies with financial obligations as a result of the divorce, such as directing executors to continue providing for dependants.

For more information call Kerry Fretwell/Penny Wright on 0118 982 2640 or visit www.manches.com

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