UK Property Law
Get UK Property Law Questions Answered by Experts
A will not drafted by a solicitor will be enforceable as long as the person has capacity, there is no fraud or duress in the making of the will and the testator's signature is witnessed by two witnesses who also sign the Will.
You can purchase DIY wills from high street outlets but its only costs around £150+vat for a simple WIll to be drafted by a solicitor and they will also ensure that it is executed appropriately so that it would be legally enforceable. This is the surest way of achieving post-death security.
The will can specify who is to be the executor and responsible for the residuary estate until the child reaches 18 years of age (or such age as he may specify in the WIll.
Upon his death the mortgage will have to be dealt with and he should ensure that he if he owns the house with another person they hold their shares as tenants in common. If, in the alternative, they hold their shares as joint tenants then his share in the property would pass automatically to the other co-owner regardless of what the Will states. 7
I really would advise trying to find the relatively small amount of money to get a Will drafted by a solicitor - they will also provide basic estate planning advice.
Right. He can specify who is to be the executor in the Will for his residuary estate. This person would act as trustee of the assets passing under the Will until the child becomes of age to inherit herself.
Again thought I really would strongly advise getting a solicitor to draft it for him. The matters is that important after all.
Hope this clarifies, if so please click accept.