It was interested to read the latest marriage rates statistics from the Office for Nationals Statistics. The greatest percentage increase in rates of marriage occurred amongst men and women aged 65 and over.
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A recent report from the Office for National Statistics shows that there was a slight increase in the number of people marrying in 2014, the last year for which statistics are available.
Most Will clients that we advise do not appoint Neves as Executors in their Wills. This is particularly true where a client has trusted family members or friends who could act. If this is the case, the usual advice we give is that the friend or family members could choose to seek legal advice if they wished, but appointing a professional Executor may incur an unnecessary cost on behalf of the estate.
Regardless of personal opinions and reasons for deciding to marry or not to marry, the law simply does not recognise cohabiting couples when it comes to inheritance.
It is often the case that parties to a divorce do not have the same financial resources at their disposal, for example, one party may have been a stay-at-home parent allowing the other to climb the career ladder to a well paid job. Similarly, one party may have a steady, ready income whereas the other may have money, but that money may not be readily accessible for instance where it is tied up in property.