Will drafting

Automated Wills

The Will and attorney maker (WAM) is designed to automate the following eight Lexis+® UK Wills Precedents:

  1. •

    to spouse absolutely, then to children absolutely

  2. •

    fully discretionary

  3. •

    to spouse on flexible life interest trust, remainder to children absolutely

  4. •

    to spouse absolutely, then on discretionary trust

  5. •

    nil rate band legacy on discretionary trust, residue to spouse on flexible life interest trust, remainder to own children absolutely

  6. •

    legacy of business property on discretionary trust, residue to spouse absolutely, then to children absolutely

  7. •

    individual, unmarried, no children

  8. •

    Will—unmarried, divorced, separated with children, no partner

For guidance on how to use the WAM, see Practice Note: WAM key features and FAQs.

Making a Will

When someone dies, it must be established whether they made a Will and whether that Will is valid.

Also, a Will is a key element of any individual's tax planning. Without a Will, the scope for mitigating inheritance tax (IHT) that would otherwise arise on death, is reduced.

While it is possible to alter the provisions of a Will or intestacy to improve...

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