Writing a will can MAGIC away family disputes

Writing a will can MAGIC away family disputes

EMPICS / BPMWriting a will can magic away family disputes such as Paul Daniels Jnr and Debbie McGeeDaniels, 56, says his father’s entire £1.5million estate has been left to the magician’s wife McGee, who has failed to help him out. Experts say disputes like these are common when parents remarry after divorce, and it is not just celebrities who get caught out. Nicola Waldman, partner at London law firm Hodge Jones Allen, said: “With more than 130,000 divorces every year in England Wales, many are torn between what assets to leave first and second families.” EMPICSExperts say disputes like these are common when parents remarry after divorceLeaving it to someone else to handle could mean your will is challenged. Your spouse, former spouse or any partners, as well as children and dependants, can apply to the court for provision from your estate if they feel they have not been provided for. People do not like talking about death Graham Jones Waldman says competing demands can be avoided with careful planning, with one option being to create a trust allowing the second spouse to use any assets during their lifetime, which revert to the deceased’s children when they die. Almost a quarter of over 55s, a staggering 4.2million people, have no will, research by SunLife reveals.SWNSDaniels says his father’s entire £1.5million estate has been left to the magician’s wife McGee October is Free Wills Month, which offers this group the …

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