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Tara Palmer Tomkinson leaves her fortune to children she never had !

Socialite Tara Palmer-Tomkinson left her £2.3million fortune to the children she never had in a will she wrote 13 years before her death.

 

She wrote the will in 2004, leaving her estate to her children once they reached 25, but tragically died childless.

 

Her estate, valued at £2.34million, will now be passed to the families of her brother James and sister Santa Montefiore, The Sun reported.

 

In an interview in April 2016 she claimed, “I thought I'd be married and have two children by now”.

 

Lessons?

 

It seems obvious but by the sounds of it she wanted children and would have expected to have heirs at some point in her life at the time of writing her will. It isn’t uncommon to recognise “yet to be born” heirs in our wills. However, the fact it appears the will wasn’t reviewed has caused the issue.

 

It is very common we see wills that are 30 and sometimes 40 years old, with children’s guardians named in them and the children are now approaching 50!

 

Clearly this approach is flawed as a will that is never reviewed will probably not be fit for purpose when required.

 

The government recommends we update/ re-write wills at life stage events such as birth, marriage, divorce etc., or at least every 5 years.

 

My Family Matters- so does yours!

 

We create your will so it has the ability to PROTECT, it is also flexible and fluid enough to change as your family changes and take most things life and death will throw at it. Click on our contact page to see how we can help.

 

 

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