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Will Drafting for Cohabitees [2021]
Webinar Details
Available now
Expires after 90 days
Professor Lesley King
CPD Hours: 1
£35.00
Enquiries
From our LAW2021 Online W&P Summer package, this 1 hour session presented by Professor Lesley King will provide a review of the problems and tensions that could arise during this process.
There is often a tension between the wish to provide the cohabitee with a right of occupation for at least a limited period and the wish to pass assets on to the children of the testator. The problem is particularly acute where IHT is an issue and the testator wishes to preserve the residence nil rate band. There is also the possibility of Inheritance Act claims.
The sessions will look at the following:
- What about the residence nil rate band?
- Rights of occupation and life interest trusts: what is the difference?
- Position of beneficiary
- IHT
- Drafting
- Allowing the cohabitee to reside while preserving the nil rate band
- Is it possible?
- What about the residence nil rate
