Don’t Leave Your Future Finances to Chance – Part Four

Separation is a painful experience for couples seeking to start afresh. The consequences impact the present and the future.

Have you considered what would happen if you were to pass away suddenly before finalising that fresh start? What would happen to your estate? Would it end up where you’d have wanted it to go?

As part of a series of informative articles, the Wills, Probate, and Trust specialists at Winn Solicitors have put together a collection of scenarios that highlight the dangers of leaving the future to uncertainty, fate, and legal discourse.

On this occasion, we introduce Emma and James…

The scenario

Life doesn’t always go to plan and, sometimes, the path you had originally set out on takes a change in direction. For Emma and James, the time had come to separate after being married for several years. They hadn’t divorced as Emma was diagnosed with cancer and hoped to get better first before sorting out the divorce and preparing her Will.

What went wrong?

She suddenly passed away before she could focus on the divorce process and preparing her Will, with legal rules dictating that her entire estate would pass to her estranged partner as divorce proceedings had not begun.

James got everything, even though he was in a new relationship and engaged to be wed, much to the distress of Emma’s parents, who knew that wasn’t what she would have wanted.

As well as losing their daughter, they also had to engage with the estranged partner in the most difficult of times.

How can Winns help?

If Emma had reached out to our team of Wills, Probate and Trust specialists, they could have used their decades of experience and knowledge to put a legally binding Will in place that provided for her parents as opposed to her entire estate going to James.

Waiting until later won’t help you in the long run. The right time is now to sort your affairs out and get a solid financial plan in place for when you die.

Don’t leave it to chance. Ready for a no-obligation chat?

Call now

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