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 ...