What are the consequences of remarriage?

With people living longer and the rate of remarriage increasing, the question of what will happen to your children's inheritance is more relevant than ever.?

The Hidden Risks of Remarriage

One of the most surprising and often overlooked facts is that getting remarried automatically cancels any existing will you may have. Many people are unaware of this legal provision, which can lead to unintended consequences. For example, without a new will in place after remarrying, your children from a previous marriage may find themselves without any inheritance, an outcome that is far from what you thought you planned for your loved ones.?

• Why a new will is essential: The most straightforward way to protect your children’s inheritance after remarriage is by drafting a new will. Without it, UK inheritance laws could result in your spouse automatically receiving most or all of your estate, leaving your children potentially with nothing.
• Exploring trusts: In addition to drafting a new will, setting up a trust can be an excellent way to protect your children’s inheritance further. Trusts allow you to appoint trustees to manage your assets, ensuring that your wealth is distributed according to your wishes.

How DRN Solicitors Can Help?

We understand the complexities of remarriage, will writing and estate planning. Our team is dedicated to ensuring that your wishes are respected and your children’s inheritance is protected. Whether you need to create a new will or explore the option of creating a trust, we are here to provide expert advice. To delve deeper into how remarriage can affect your children's inheritance, you can read our detailed guide on how to protect your children’s inheritance if you remarry.

Don’t leave your family’s future to chance. Contact us here to discuss how we can help you safeguard your children's future.?