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29/12/2009
Ex-pats 'must sort out wills before moving abroad' |
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People leaving the UK to live overseas must ensure their wills are set up to meet legal requirements in both Britain and their new country of residence, it has been stated.
Expat portal Shelter Offshore advised that any will drafting that takes place must be tailored with "multi-jurisdictional" provisions.
It added: "Always, always seek qualified legal advice to make sure your will is valid for the nation and assets it covers."
Not doing this could lead to a person who dies while living abroad doing so in a state of intestacy and this could result in some people missing their inheritance.
Britons planning to move overseas may wish to speak to a lawyer skilled in will writing to see how their document might be altered or adjusted to ensure their circumstances are covered.
Some of those emigrating could be younger people with children, a group recently identified as frequently failing to make wills.
Data from the Fellowship of Professional Will writers and Probate Practitioners revealed that 85 per cent of those aged between 18 and 30 have no document in place, with 53 per cent of these having children.
Written by Anna Norton
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