Annoucing the Wills-etc Quiz!!!
Wills can be a boring subject, so how about trying to answer the Wills-etc Quiz. Hopefully you will know the answer to each question. If you don’t please contact me to discuss what is the right answer, and what will be the right answer for you and your family.
1. Common Law Marriage exists. TRUE/FALSE
2. A Will has to be in writing. TRUE /FALSE
3. Verbal Wills are valid. TRUE/FALSE
4. I have just got married and my Will is still valid. TRUE/FALSE
5. A Will covers all property, all over the world. TRUE/FALSE
6. Unmarried couples who don’t make a Will have legal protection. TRUE/FALSE
7. Unmarried couples who do make a Will have legal protection. TRUE/FALSE
8. Married couple’s property always passes to the spouse. TRUE/FALSE
9. Unmarried couples’ property always passes to the partner. TRUE/FALSE
10. Tax is payable on death when estate passes to the spouse/civil partner. TRUE/FALSE
11. Tax is payable on death when estate passes to the partner of an unmarried couple. TRUE/FALSE
12. Tax is payable on death when estate goes to children. TRUE/FALSE
13. What level is inheritance tax charged at?
14. My house is not in my name so no tax will be chargeable on it. TRUE/FALSE
15. How many people die in England and Wales without a valid Will in force?
A WILL CAN OVERRIDE (nearly) EVERYTHING!! If on doing the quiz you now have a question, please give me a call on 01483 564833.