Great article – thank you. What if I want to leave a fixed cash legacy and a portion of the whole of my estate to someone? Is that possible?
Team QLAW! Changed status to publish 9th September 2024
Thank you for a great question! Legacies are generally used as a ‘token’ gift. Whereas shares of ‘residue’ (ie the main part of an estate) tend by definition to be much larger amounts. It would be unusual to leave gifts of both residue and a legacy. BUT, it is perfectly OK to do that if you’d like to! If you’d like to chat it through with one of our expert wills solicitors do get in touch. You can email wills@qlaw.co.uk or call 03300 020 365
Team QLAW! Changed status to publish 30th August 2024