Hair&Son_publication

Your home will be the most expensive purchase of your life and the biggest investment you ever make. But do you know what might happen to your

home if you die?

Without a valid and up to date Will in place, there is no certainty whatsoever regarding what might happen to your home on your death.

Here are some examples.

If you own your property in your sole name and your spouse or civil partner lives with you, then you should make a Will to protect the interests of

your spouse or civil partner. Without a valid and up to date Will your home will pass to other family members who may be able to evict your spouse

or civil partner. Having a valid and up to date Will in place can prevent this from happening.

It may be, however, that you own your property jointly with your spouse or civil partner (i.e. as “joint tenants”). In that case on your death your home

would pass (with or without a Will) to the other joint owner automatically. While this might sound ideal, it can result in children being disinherited if

the surviving spouse then remarries. Having a valid and up to date Will in place can prevent this from happening.

CLARENCE TRUSTEES

What happens to your home on your death?

WILLS, TRUSTS & PROBATE