Talking to clients about cohabitation, intestacy and inheritance

Royal London recently carried out research which revealed that 64% of cohabitees don't have a will and three-quarters (73%) of cohabitees don't fully understand the legal consequences if they or their partner dies without a will. With 7.2 million adults living as part of a cohabiting couple in the UK, this is a real concern. Having a conversation about the issues facing cohabitees in relation to intestacy and inheritance tax (IHT) is an important one to have. Intestacy The thinking that a cohabitee will automatically inherit their partner's assets when they die is putting their futu...