Common Examples: To distribute to spouse and children, and if any dies before me, to redistribute amongst each other proportionately.
Rationale: This is suitable if the entire estate is to be given according to a certain %.
To achieve this, fill up the details and selections in “Update Profile” and “Appoint People” accordingly.
In the “Allocate Assets” page, you can leave all assets as “No specific allocation”, in which case they will be distributed based on the “Allocate Residual Assets” section.
For certain assets like property, if you would want to give to a specific someone instead, you can allocate it to the individual(s) instead of the "Allocate Residual Assets" below.
Under "Allocate Residual Assets", allocate to the spouse and children accordingly.
In the “Select Clauses” page, leave the survivorship period as 30 days and select “Redistribute as Residual Assets”.
