Although a Will may seem straightforward, Inheritance Tax and care home fees are anything but. Your Estate may be consumed by high taxes and fees, leaving only a small amount for your chosen beneficiaries. However, Property Protection Trusts can mitigate the amount needed from your Estate to pay for care and fees. Protective Property Trusts […]
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Wills are complex legal documents that contain a wealth of information about your assets and wishes. However, it can be easy to get wrapped up in the technicalities, which may cause you to worry that not all essential information is included. To offer our support, we’ve put together some guidance about what you may include
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A Will is invaluable for anyone with any assets. However, some people lack the mental capacity to create a Will, making the process of leaving belongings to their loved ones more difficult. If a person requires a Will but cannot create one themselves, several steps can be taken to prepare a Statutory Will. When To
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Many terms, such as probate, crop up when writing Wills and planning for later life. Left undefined, probate can seem somewhat confusing. However, it is simpler than it seems on the surface. In this blog, we cover some of the ins and outs of probate, including why it is necessary and how much it may
It is increasingly common for people to own assets in foreign countries. This can be anything from buying a holiday home to marrying someone from a different country and sharing assets. However, having property abroad can be a complex issue to deal with when creating your Will. Property and inheritance in other countries can be
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Will writing services are alternatives to having your Will drawn up by a solicitor or writing it yourself. Often cheaper than approaching a legal firm, these services come hand-in-hand with several benefits. Why Will Writing Services Are Not Regulated The Solicitors Regulation Authority (SRA) regulates solicitors, which protects the testator from mistakes in the Will.
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Wills are critical legal documents that must be accurately written, signed, and witnessed for your wishes to be carried out after your death. But how do you properly witness a Will and have yours witnessed in turn? Several caveats come with being a witness that must be followed for the Will to be valid. Witnesses
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Did you know that you can order DIY Will kits online? They promise to be simple, easy, and cheaper than a solicitor. Although this may seem perfect on paper, there are many pitfalls associated with DIY Wills. Why Are DIY Wills Appealing? Many people opt for a DIY Will due to the cost of having
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When creating a Will, you need to appoint an Executor for your estate. Choosing your Executor can be difficult, as issues and conflict within your family can get in the way. However, you can also appoint a professional Executor, which comes with its own unique benefits. What Is the Role of an Executor? An Executor
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A Property Protection Trust (PPT) – also known as an Interest in Possession Trust – is a complex Will for two people, who own property between them. It has several caveats in it that cannot be changed after the death of the first person. PPT’s are not suitable for people who own property in their
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