Happy families? Watertight wills for changing circumstances

Happy families? Watertight wills for changing circumstances

clock

Richard Hearne explains how to cater for a complex web of beneficiaries, as the ‘traditional' nuclear family becomes less and less the norm...

It is well documented that so-called ‘traditional' family structures have changed and continue to evolve. The Office for National Statistics (ONS) has recently estimated that 42% of marriages in England and Wales will end in divorce. Many of those divorcees, often with children from the first marriage, will remarry. In addition, ONS figures from 2012 found almost six million people co-habit rather than marry or enter into a civil partnership. This is double the figure from 1996. Indeed, co-habitation is now the fastest growing family structure. Against this backdrop, it is surprising ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Feel Good Friday: Wise Investment employee takes on the Great Wall of China for charity

Feel Good Friday: Wise Investment employee takes on the Great Wall of China for charity

Raising funds for Katherine House Hospice

Professional Adviser
clock 13 March 2026 • 1 min read
Directly authorised numbers fall as networks continue to attract advisers

Directly authorised numbers fall as networks continue to attract advisers

‘The DA market is shrinking’

Isabel Baxter
clock 12 March 2026 • 3 min read
Almost half of clients report increase in advice fees

Almost half of clients report increase in advice fees

One of five advisers plan to increase initial fees in next 12 months

Isabel Baxter
clock 12 March 2026 • 2 min read