If a will isn't drawn up properly it can be challenged, so make sure you miminise the chances of this happening to you.
If you’ve drawn up a will the last thing you want to find is that someone challenges it and that your money doesn’t end up going to the people or organisations you want it to. There are many reasons why a will can be challenged, but if you follow these tips you should minimise the risks of it happening.
When can you challenge a will? How a will can be contested.
The idea of a will is that you can decide who inherits after you've died, but there are – limited – circumstances in which it can be challenged.
It seems that a combination of the tough economic conditions and a rise in the number of second marriages and has meant that more people are willing to contest or challenge a will than before. But the process of challenging a will can be lengthy, emotionally draining at best (and incredibly divisive at worst) and expensive. And there’s no guarantee that you’ll get the financial benefit you believe you’re entitled to at the end of it.
A flooding insurance deal will cap insurance costs for flood risk homes
If you live in a flood risk property, will you be able to get insurance under the new deal?
If you live in a house that’s at risk of flooding, you should be able to continue to get insurance for it. That’s because the insurance industry and government have reached an agreement that means most properties will continue to be offered buildings insurance with flood cover. But, the bad news is that this new agreement isn’t due to take effect until 2015 and not all properties are guaranteed to be offered insurance - including leasehold properties.