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Can children write their own wills? - Lilly Whale answers a reader's question for Financial Times
- AuthorLilly Whale
“My 17-year-old twins and their 14-year-old sister have inherited a considerable sum (nearly £300,000 each) from their great grandmother. It’s a very difficult subject to broach, but what would happen to the inheritance if one of them were to pass away unexpectedly? Should we encourage our children to write a will? Can children even have a will?”
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Lilly Whale is a specialist solicitor advising individuals and families in relation to inheritance tax, the formation of family trusts and estate planning.
Goodman Derrick – Private Client
Our Private Client team offer expert advice to individuals and their families on a wide range of matters, the group:
- assists in drafting wills which best suit our clients’ particular family circumstances
- has wide experience in obtaining probate including dealing with the estates of non-domiciled persons and assets overseas
- registers enduring and lasting powers of attorney with the Court and have experience in dealing with contested applications to register
- provides assistance with the day-to–day administration of trusts
Goodman Derrick LLP - a London law firm focused on delivering an exceptional service to ambitious businesses and entrepreneurs.
This guide is for general information and interest only and should not be relied upon as providing specific legal advice. If you require any further information about the issues raised in this article please contact the author or call 0207 404 0606 and ask to speak to your usual Goodman Derrick contact.