Single Parents and Wills
The directors of Will Drafters Ltd, David Crossland and Michelle Hanover, are now urging all
single parents to make a Will. Mary Harris met up with them recently to find out why.
Mary: "As a single parent myself, isn’t it true I don’t need a Will as everything would
automatically go to my children?"
David: "Normally yes. But if you are only separated from your previous partner, not divorced,
then this wouldn’t be the case as, depending on your circumstances, your previous partner may get
Mary: "This would worry a lot of single parents, can you tell us more?"
Michelle: "If you are divorced or unmarried then everything owned solely by you will go to
your children including any adopted but not stepchildren. Without a Will, anything owned jointly with someone
else, such as a property, would go to him or her".
Mary: "Can I specify an age at which my children are to inherit?"
Michelle: "Yes. Most parents opt for 18 or 21 while a few prefer 25. Any age over 25 brings up
certain tax problems, so is best avoided".
Mary: "And what will happen if I die while my children are still young?"
Michelle: "You will need to appoint guardians to look after your children. Most people choose
a brother or sister. Some choose parents but you must consider their age".
David: "Also, you should appoint at least two trustees who will then look after the money and
make sure your guardians have the financial support they need. Once your children reach the age you chose the
trustees would pay them their share".
Will Drafters offer a convenient Wills-by-phone service and have written over
80,000 Wills since the two directors founded it in 1990.
For further details on Will Drafters Ltd and a free Will
brochure Click Here
Alternatively you can make a Single Will Online in Minutes for just £29.99 HERE