Will my spouse automatically inherit everything when I die?

Whilst a difficult and intimidating subject to consider, what will happen to our estate and belongings when we pass away are important decisions to make. Many people assume whether it’s the fault of false media presentation or evolving practices that have yet to become modern common knowledge, that a person’s husband or wife will automatically receive everything after their partner’s death.
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Changing a Will: What You Need to Know

A will is one of the most important documents most of us will ever create, involving some of the most important decisions. This is because your will is your voice when you pass away, ensuring that your assets and estate are divided precisely as you wish for them to be. To make sure your will is kept up to date both in terms of legalities and content, it is advised that you review it every five years or after any life event that may require you to make amendments.
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Feeling left out?

One of the hardest things following the death of a relative can be the realisation that they have made no provision for their family and dependents or that the provision they have made is simply inadequate for one or more of them.
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The New Residence Nil Rate Band

From April 2017, a new Residence Nil Rate Band (RNRB) has been introduced which, for those who qualify, will mean that the amount of money that you can leave in your Will, before paying Inheritance tax, has increased and will increase further over the next few years. From 2020-2021 couples who qualify will have a maximum of £1,000,000 that they can leave, before paying Inheritance Tax.
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