She was said to have had assets worth £3,326,316 at the time of her death in April 2016.
This included a property portfolio with an estimated value of £1,850,000 and savings in her own accounts of around £60,000, plus £90,000 in a joint account with Stewart, jurors heard.
Jurors heard that her death left Stewart as the only beneficiary of roughly £235,000 in pensions and he could have received £1.28 million in life insurance, intended to cover inheritance tax.
Stewart, who was out of work due to illness, already received around £2,000 a month in sickness pay and benefits, the court was told.
Simon Russell Flint, defending, asked Ms King-Jones: "If Ms Bailey and Mr Stewart were unmarried, he would have had to pay 40% of any money that he inherited over the amount of £325,000, but if they had married, if they got married on September... he would have inherited everything, inheritance tax-free?"
She replied: "Hypothetically, yes."
http://www.itv.com/news/anglia/2017...-primary-beneficiary-of-her-will-court-hears/