Making a Will? Have You Considered Your Loved Ones' Real Needs?
10th August, 2020For many parents, the objective of a will is to ensure even-handed treatment of loved ones, particularly children. However, as a High Court case strikingly showed, some may be more needy than others and that too should be taken into account. The case concerned a married father of two who died in a domestic house fire. By his will, he left his entire estate – which was valued at £554,000 before deduction of Inheritance Tax – to his widow. She moved into a private care home after his death at...