The rich variety of family life can throw up a wide range of considerations when making your will. If you have been married before and have children from different relationships to provide for, or you are concerned about providing for relatives with physical or mental incapacity, then a trust in your will might be the solution you are looking for.
In this series of guides, Marie Tisdale, head of wills and probate law at Ansons Solicitors in Lichfield and Cannock, Staffordshire, gives her seven special reasons where a trust in your will might be beneficial.
Mrs Shrewd is married to Mr Shrewd and has children from a previous marriage. When she dies, she does not want to leave everything to her husband in case he remarries and cuts her children out. She has put a trust in her will so that her husband can live in the house for the rest of his life or until he remarries. At that point, the house will be sold and her children will receive their inheritance.
For further advice on trusts in your will, contact Marie Tisdale in the wills and probate team on 01543 267 981 or mtisdale@ansonsllp.com. Ansons Solicitors has offices in Cannock and Lichfield, Staffordshire.