Bespoke Support Network Essex Partnering with Winston’s Wish
September 29, 2017
September 29, 2017
It’s a little known fact that 75 per cent of parents could be at risk of disinheriting their children after they die, leaving many without parents or an inheritance. This is due to the ‘sideways disinheritance trap’ which allows the person who is left everything in the deceased’s will to alter it.
When a couple decide to write a will, they often leave their assets to the other spouse or partner in the relationship. However, most are unaware that when they die, their partner will have the ability to alter the will and leave the assets and estate to someone who is not their children.
This is a common case when the surviving partner decides to remarry or lives with another partner. However, if the other partner remarries and forgets the old will is cancelled, the new spouse will be entitled to everything anyway under the rules of intestacy.
With 70% of the population yet to make a will and the number of blended families on a rise, it’s important parents are aware that they could potentially be leaving their children without any inheritance.
At Bespoke Support Network, we’re raising awareness of this trap that is causing lots of children to be left without anything if their parents were to pass away. Together with Winston Wish, a charity supporting bereaved children in the UK, we have created the campaign #SupportingWishes to encourage parents to protect their children’s future.
Our campaign is hoping to get parents to put measures into place such as a Will to avoid falling into the ‘disinheritance trap’.
Over the last few months, the pension experts Essex with BSN have been offering completely free advice to British parents encouraging them to start making a will and look into getting life insurance.
We’re also helping to raise donations for Winston’s Wish via our website as well as our own company donations.
If you want to donate to this worthy charity, or take advantage of the services BSN can offer you, get in touch with our team on 0300 303 3441 or email us on firstname.lastname@example.org