Andrew is a successful barrister working in London; he owns his own house. His parents are both working and have significant savings. His sister Virginia and her partner have recently had a baby. She and her partner have a large mortgage and a lot of debt; they are struggling now that she has stopped working. Discuss the different reasons why it is important that Andrew and his sister Virginia should make a will. Explain what would happen to Andrew and Virginia’s estate if they do not make wills.

Andrew is a successful barrister working in London; he owns his own house. His parents are both working and have significant savings. His sister Virginia and her partner have recently had a baby. She and her partner have a large mortgage and a lot of debt; they are struggling now that she has stopped working. Discuss the different reasons why it is important that Andrew and his sister Virginia should make a will. Explain what would happen to Andrew and Virginia’s estate if they do not make wills.

SWFT Corp Partner Estates Trusts

42nd Edition

ISBN:9780357161548

Author:Raabe

Publisher:Raabe

Chapter19: Family Tax Planning

Section: Chapter Questions

Problem 11DQ

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