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Updating your will after divorce is an essential step in estate planning, and one that people often fail to consider at an early stage. Similarly, should you remarry, putting in place the right measures in your estate to protect your assets and ensure that the right people benefit from your life is often overlooked.  … Continue reading Divorce and Remarrying: Why Updating your Will is Critical

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

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

Whether your estate is large or small, understanding inheritance tax is extremely important. This Tax (IHT) affects how much of your estate is taxable after you have passed away, which is why many people plan ahead in order to reduce the amount their family and loved ones could have to pay. In this guide, you… Continue reading Our Simple Guide to Inheritance Tax

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

have you considered the risks if you lose mental capacity? An LPA (Lasting Power of Attorney) is a legal document that allows you to appoint someone to make decisions on your behalf if you become unable to do so due to mental incapacity or other circumstances. Not having a valid Lasting Power of Attorney in… Continue reading LPA: Acting Now to Ensure your wishes are followed

Probate is the process of distributing the assets of a deceased person in accordance with their will. It also applies where someone has died intestate- without a will, but the requirements and the language are different. It is the only legal way to transfer assets to the beneficiaries. Without it, assets would remain in the… Continue reading Probate Explained: What is it and When is it Required?

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

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

Bloodline wills can be put in place to keep your assets in the family when you die. Not just for your children, but for your grandchildren and future generations. Q1. But what are they?   Q2. How do they differ from normal wills?   Q3. And when should they be used?   Like any legal… Continue reading Bloodline Wills: 3 questions answered