Maioriello Legal Services
Inheritance and family law in England and Wales can be a complex landscape to navigate, especially for those unfamiliar with the intricacies of the legal system. To shed light on these important matters, solicitor Tatiana Maioriello recently presented a lecture at a London Cult event, titled "Inheritance and Spousal Property in England and Wales." The session provided valuable insights for both UK residents and expats, emphasising the importance of proactive planning and seeking expert legal guidance.
Ms. Maioriello guided attendees through the key principles of inheritance in England and Wales, including the concept of "freedom of testation," which allows individuals considerable freedom in deciding how their assets are distributed after their death. However, she also highlighted that wills can be challenged under certain circumstances, such as lack of mental capacity, undue influence, or failure to provide reasonable financial provision for dependents.
The lecture also explored the "Intestacy Rules," which come into play when someone dies without a valid will. These rules dictate how assets are distributed, prioritising spouses, civil partners, and children. Ms. Maioriello emphasised the importance of having a will in place to ensure your wishes are respected and to avoid potential disputes among family members.
Furthermore, the session addressed the impact of life events such as divorce and remarriage on inheritance plans. Ms. Maioriello explained how divorce can automatically revoke certain provisions in a will and how remarriage can significantly alter the distribution of assets. She stressed the importance of reviewing and updating wills after these life changes to ensure they remain aligned with your intentions.
The complexities of international inheritance were also discussed, particularly for expats with assets in multiple jurisdictions. Ms. Maioriello highlighted the need to consider the laws of each country where assets are held and to seek expert advice to navigate potential conflicts and tax implications.
Throughout the lecture, Ms. Maioriello emphasised the interconnections of inheritance and family law, and the importance of seeking professional legal guidance to navigate these complex areas. She encouraged attendees to be proactive in planning for their future and to ensure their wishes are protected.
Key takeaways:
Contact Maioriello Legal Services Ltd. today for a consultation and let us help you navigate the legal landscape with confidence.
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