Common Examples: 100% to my surviving children
While you can choose to not include your spouse in your Will, the Inheritance (Family Provision) Act outlines a legal framework where your dependents can subsequently apply for a maintenance order to claim part of the estate if he/she is not sufficiently provided for. You should also consider objectively how such an intent affects your marriage.
If the concern is on the spouse remarrying, consider giving him/her through a testamentary trust instead.
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.
Under Allocate Residual Assets, allocate to the children accordingly.
In the “Select Clauses” page, leave the survivorship period as 30 days and select “Redistribute as Residual Assets”.
If you would like to cater for another layer of contingency, you can add the substitute beneficiary clauses under Other Instructions.
