Will Protect Estate Planning

Category: Estate Planning

Writing Your First Will in 2024:Why Wait?

Your first will is the legal document that ensures your wishes are carried out after your death. Your first will may not be at the forefront of your mind when you’re first starting out, but what if the unexpected, tragically, happens?    Whether you are single, in a relationship, have children or not yet, putting… Continue reading Writing Your First Will in 2024:Why Wait?

Don’t Leave Your Loved Ones in Limbo: Exploring the Implications of Dying Intestate

Dying intestate: what does it mean? Dying intestate means passing away without a valid will. In such cases, the distribution of your assets and estate will be determined by the laws of intestacy. Who inherits the estate when someone dies intestate? In general, dying intestate means that your estate is distributed among surviving family members… Continue reading Don’t Leave Your Loved Ones in Limbo: Exploring the Implications of Dying Intestate

The Risks of Not Writing a Will: 10 Key Points to Consider

In our busy lives, thinking about our mortality and what happens to our assets after we’re gone can be uncomfortable. The consequences of not writing a will cannot be overstated due largely to the confusion, complexities, and cost that dying intestate can cause. By not writing a will you can leave your loved ones exposed… Continue reading The Risks of Not Writing a Will: 10 Key Points to Consider

Estate Planning and Trusts | 7 Things you Need to Know

In our latest blog we’re looking at estate planning and trusts and the benefits, risks and features of utilising trusts in your estate planning process.   Estate planning is the process of arranging the transfer of assets and properties after death. Trusts are legal instruments commonly used in estate planning to manage and protect assets,… Continue reading Estate Planning and Trusts | 7 Things you Need to Know

Wills, Mental Capacity and Burden of Proof

Establishing mental capacity when you write your will is possibly not something that you would naturally consider. Particularly if you’re writing your will in your younger years (which we firmly believe that you should, by the way), thoughts of diminishing mental capacity and any thoughts of dementia are a long way off. Even in your… Continue reading Wills, Mental Capacity and Burden of Proof

Estate Planning Review: 3 good reasons why you should update your will

There are good reasons why you should write a will in the first place, but there are more reasons why you should go through a periodic estate planning review. When you go through the estate planning process you’ll examine your property, money, and possessions, consider who will be dealing with the estate and your beneficiaries,… Continue reading Estate Planning Review: 3 good reasons why you should update your will

#5 steps to reducing your inheritance tax liability

Protecting your estate from taxation when you die can be complex. But reducing your inheritance tax liability isn’t impossible, and there are steps that you can take to mitigate the risk.   Inheritance tax is a tax on the estate of someone who has died. Payment is arranged and made by the executor of the… Continue reading #5 steps to reducing your inheritance tax liability

DIY Estate Planning: why you just shouldn’t do it!

DIY estate planning might seem like a good idea, and an easy way to save money. But will it really save you a penny in the long run? Or could you leave a nightmare for your next of kin to sort out at a time when they are grieving your loss? If you have few… Continue reading DIY Estate Planning: why you just shouldn’t do it!

Guardianship: Putting yourself in your Children’s Shoes

Guardianship is a difficult subject, but getting it right means that your wishes for the care of your children will be followed. But getting it wrong can have implications for your children for the rest of their lives. Until they are 18, children are legally under the care of someone. Whilst they have many more… Continue reading Guardianship: Putting yourself in your Children’s Shoes

#3 Estate Planning Tips for Blended Families

We’re looking at estate planning for blended families in our latest article. Over 50% of marriages end in divorce today, and blended families are becoming more and more common. So much so, in fact, that they are no longer regarded as unusual. So it makes sense to take a look at some tips for blended… Continue reading #3 Estate Planning Tips for Blended Families