Prompted by a recent article in the Sunday Times, Nick Latimir shares his thoughts on Mutual Wills and Trusts.
“A recent article in the Sunday Times highlighted the delicate issues surrounding protection of children’s inheritances following a second marriage. In this case, a father had remarried in later life and he and his new wife had made wills which made provision for one another on the first death and, on the second death, created an agreed split between their respective families. However, sadly for the father’s children, after his death they discovered that their step-mother had changed her will and there was no longer any provision for them.”
To read the article in full, click here.