Gifts to anyone, as required. House and sum of money to
spouse for life; after his or her death, to children and other
relatives. Spouse may have capital too, if needed. Rest of
estate to children now. Suitable for:anyone;person whose
spouse needs house but may have few other assets to
maintain himself / herself. Person with children
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"Gifts to anyone, as required. Half residue to spouse for life,
income only; after his / her death then to children. Specific
provision for spouse to occupy house as part of his / her
half. Trust provisiors to maintain capital value (for benefit of
remaindermen). Provision for termination of life
interest in house if tenant for life co-habits with someone.
(That is: lives together). Other half of estate to children
immediately. Various provisiors to make sure the Trustees
keep the capital value of the Trust Fund intact for the
remaindermen - so less freedom to spend capital money on
the tenant for life.Suitable for: person married to, or living
with someone other than parent of his / her children
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Comprehensive terms and conditions, or rules for an
environmental group to promote and encourage the
improvement and protection of the environment. The group
could be formed to promote environmental protection in
general, or for a specific purpose, for example, to improve
the quality of the air, to, monitor and report on local industrial
processes and chemical and oil spills, to reduce noise
pollution, to promote water consumption awareness and
other similar things
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This will provides for a "Nil rate band" gift into discretionary
trust for any of your listed potential beneficiaries. Of course
you will have left a"side letter" setting out your precise
preference as to the distribution of the funds in the trust.
Suitable for: anyone
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Gifts to anyone, as required. May be used as "mirror" wills.
Everything given to the other of them. If the other dies first,
or they die together, then estate divided into 2 parts (or any
number of parts, or not divided at all) and given to brothers
and sisters or others. Trust provisiors. Suitable for:married
couple, no children, any circumstances.
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Gifts to anyone, as required. All to spouse for life, inc power
to spend capital. Gift over to children absolutely. Wide trust
powers.Suitable for: person with wealthy children who do
not need large amount of cash on your death and for whom
the "gift over" on death of tenant for life is not important
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This will provides for a "Nil rate band" gift into discretionary
trust for any of your listed potential beneficiaries. Suitable
for: anyone;parents of any age, to cover unexpected
accident
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Simple will - all to one person, probably spouse or life
partner. If he or she dies first, then to others. Suitable for:
married or single person, may have relatives
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You stay in control of who to give to. Whole of estate to
spouse or partner for life. After death, split between other
relatives and charities. Spouse can have capital too, if
needed. Suitable for: person with or without children who
may or may not have re-married, but wants spouse to have
life interest only
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Gifts to anyone, as required. All to spouse absolutely. If he /
she does not survive then child guardiars appointed. Trusts -
half of residue for children.Other half of residue to
guardiars.They receive income as it arises and may receive
capital subject to a good "report" by children when they are
of age.Trust provisiors allow for minor childrenSuitable for:
young parents, particularly to cover unexpected accident
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This will combines several simple features to avoid all liability
to IHT. Suitable for: anyonemiddle aged or older parents No
settlement for IHT purposes, so children can permit widow/er
to live in house if that is part of property given, without tax
corsequences
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Will: single person with children: split between children,
specific gifts, residue to children, trust provisions suitable for
under 18 beneficiaries in any relationship category
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You stay in control of who to give to. Main estate to nieces,
nephews or others. Trust provisiors for children. Suitable
for: anyone; single person, no spouse, no children
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This will can be used as a "Two year discretionary trust" will
for the purposes of IHT. Suitable for: young parents to cover
unexpected accident;Older parents;Anyone in a position to
use the two year flexibility
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Letter to proposed executor of your will, asking whether he
will accept the office on your death. Provides additional
basic information he might require now
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Gifts to anyone, as required. 60% of residue to
wife /husband / life partner, for his / her life; 40% to children
immediately. Suitable for: person living with someone other
than parent of his / her children
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