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Multiple Wills

Can I have more than one Will?
For most people putting one Will in place is challenging enough, no matter how hard I try to make it easy for them. The thought of having more than one Will is scary. Again, for most people even if they have more than one Will there is only one that actually counts when it come to the reading of the Will and application for probate and that is the one with the most recent date on it that is valid. This is why we always recommend that when you replace one Will with another you destroy the old version. However, there are situations where people need more than one Will and they can be valid at the same time. If you own overseas property, then it is vital that you have a Will in the country where the property is situated so that it can take account of local laws and often this Will refers to the UK Will as the master to avoid double payment of taxes. Again, you may have a separate Will / instructions for a Business if the business is complex, but it is normally referenced back to the main Will via a business clause. If you feel that your estate needs more than one Will then do get in touch and we can talk you though what needs to be done

 

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