May 29, 2015

Comedian’s family could lose thousands because he failed to make a Will

 

But it was revealed a couple of weeks ago that the funnyman had not left instructions on how his £1.2million estate should be divided up.

This is despite the fact that he had previously almost died in 1998 after suffering serious head injuries in a quad bike accident.

The fact that no valid Will has been made could lead to complications and a substantial inheritance tax bill for his long-standing wife Barbara and the couple’s three children.

The estate will now be subject to intestacy rules.

By making a Will you decide which of your family, friends or favourite charities inherits your assets. It also gives you a chance to disinherit the Chancellor of the Exchequer, by ensuring that your estate is left in the most tax effective way. For more information on our private client services please visit our website or contact Tony Millson.

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