|
When
experiencing matrimonial difficulties, it is important
to consider what is to happen to your property
should you die.
The first matter to consider is what the present
position would be were you to die today. If you
and your spouse own land (for example the family
home) as joint tenants, your spouse will be entitled
to all of the property on your death. It is also
likely that your spouse would also be entitled
to a substantial proportion of your remaining
estate by virtue of your will if you have made
one, and otherwise by the rules of intestacy.
Having ascertained what would happen to your property
under the present arrangements, you need to consider
whether this is what you want. Some people are
content for their spouse to continue to benefit
after their death, despite the breakdown of the
relationship, for example for the sake of the
children or because they have nobody else to whom
they wish to leave the property. However, others
wish to take all possible steps to deprive their
spouse of any benefit, for example because they
would now prefer that their new partner or their
child receive the benefit of their property.
The Effect of Divorce on Wills
If you have made a will, any appointment in the
will of your spouse as executor or trustee will
be ignored after divorce. Similarly, any gift
to your spouse in your will automatically lapses
on divorce.
The Effect of Divorce on Intestacy
If you have not made a will, once you are divorced
your former spouse will have no right to any part
of your estate under the intestacy provisions.
Steps to be taken
Having considered the above, you may wish to draft
a will, or draft a new will, to control the distribution
of your property should you die. Another reason
for making a will is to appoint a guardian for
your children to take your place after your death.
|