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

Fairstone revenue rises 21% as firm targets £40bn in assets by 2030

Fairstone revenue rises 21% as firm targets £40bn in assets by 2030

Group reaches 100th DBO deal and expands digital advice service Mineral

Sahar Nazir
clock 14 October 2025 • 1 min read
Investing in adviser qualifications 'a win-win' for firms and clients

Investing in adviser qualifications 'a win-win' for firms and clients

Upskilling existing advisers can cut turnover and help attract business, Continuum says

Sahar Nazir
clock 14 October 2025 • 2 min read
Startup Clove eyes launch in bid to 'lower the advice threshold to £10k'

Startup Clove eyes launch in bid to 'lower the advice threshold to £10k'

To start with five to ten advisers with plans to scale rapidly, CEO says

Sahar Nazir
clock 14 October 2025 • 3 min read