ABSTRACT
Howard is aged 58 and seeks your assistance in drawing up his will. He is married to Mary. They have one child, Natalie, aged 14. Howard manages his trading company called Howard’s Electronics Ltd. His pre-tax profits for the last accounting period were in excess of £500,000. Howard’s main assets are his house valued at £200,000 which is vested in his sole name, income bearing bonds producing £5,000 per annum and shares in public companies worth £10,000. His wife, Mary is content to stay at home. She has few assets, jewellery worth £15,000 and a sports car worth £20,000.
