Fergusson Law

WHAT IS A BLOODLINE WILL? Many of you will have heard about or seen TV advertisements for, so-called Bloodline Wills. Solicitors write Bloodline Wills for their clients with the aim of keeping their estate in the family. The theme is that you want your estate to go to your immediate family whom you know, with no risk of it being diverted to your daughter’s ex-boyfriends, people whom your children owe money to, or future step-parents, and so on. Your grandchildren could be specifically named in your Will but end up with nothing at all. It is even possible that your wishes could be bypassed if you own a buy-to-let property as well as a family home. There is nothing new about making your directions clear in your Will except that modern cohabiting relationships can create unexpected legal consequences. You might think your existing Will provides protection for your family assets but it is likely that your grandchildren will only inherit if their mother or father dies before them