Trusts are a popular estate planning tool many use to manage and distribute their assets to their loved ones. However, they can also be contested, which is when someone challenges the validity or terms of the trust. This process can be complicated and contentious, often requiring legal action and court intervention. This blog will explore […]
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When someone passes away without leaving a valid Will behind, their estate must be distributed according to the rules of intestacy. These rules can be complex; however, they are vital to understand so you can ensure your assets are distributed in line with your wishes and values. In this guide, we’ll explore the rules of
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Thinking about your death is never pleasant, but it is essential if you want to take care of your loved ones. With a good plan drawn up by legal professionals, you could avoid losing assets and prevent your loved ones from missing out on the gifts you want them to receive. Estate Planning Essentials Estate
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You may have heard that once a Will has been created and the testator has passed away, it can still be changed by other parties who want to change how assets are being distributed. However, there are several myths around this topic that make it unclear. Can a Will really be changed after someone has
How Can You Change a Will After Someone Has Passed Away? Read More »
Chances are, you might have thought that later life planning started and ended with a Will. However, trusts are robust legal arrangements that can provide many future benefits for you and your loved ones. How Does a Trust Work? A trust is a legal arrangement that allows you to give money, property, or other assets
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Writing your Will and choosing your beneficiaries can be a challenge. You may want to leave some people out of your Will, but be worried about the possibility of inheritance disputes in the future. So, how common are inheritance disputes, and what causes them? Inheritance Disputes: How Common Are They? Inheritance disputes are challenges to
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Probate is sometimes needed to distribute the assets and estate of a person who has just passed away. Although it can be necessary in some cases, it may not automatically be a requirement, so understanding whether you need it can help smooth the way for your loved ones to execute your Will. What Is a
Do You Need a Grant of Probate? Read More »
For your Will to be legally binding, it must be witnessed properly. However, there are certain rules around witnessing a Will, so be careful who you choose! Why Do You Need a Witness? Every Will needs to be witnessed by at least two people to confirm the testator (the writer of the Will) is the
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Estate planning can be more than a little complicated! Whether you are reviewing your plan or creating one from scratch, avoid these common estate planning mistakes and make the process as smooth as possible. Not Making a Plan Possibly the most common mistake in estate planning is not having a plan at all! Many people
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Trusts and Wills sound like entirely different things; however, there are many ways that you can incorporate trusts into your Will! Wills vs Trusts Wills and trusts are often discussed together, and it can be challenging to understand the differences between them. A Will is a legal document that comes into force when you pass
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