Creating a Will and choosing your beneficiaries is not an easy thing to do. It takes careful consideration and thought, and in some cases, someone may still show up to stake a claim to the inheritance in the future. However, there are ways to limit the risk of an inheritance dispute! What is an Inheritance […]
How to Avoid Inheritance Disputes Read More »
Many people will probably advise you to get a solicitor when it comes to estate planning. However, they don’t know that paralegals can actually do almost everything solicitors can and are often more specialised. What is a Paralegal? Paralegals are sometimes considered less knowledgeable than lawyers, solicitors, and barristers; however, this is often not the
Estate Planning: Paralegals V Solicitors Read More »
If you created a new Will after your marriage, you may already know that a new marriage revokes any previous Will that you created. But did you know that the same rules don’t apply to divorce? If you have recently divorced, you may be wondering how this affects your Will. There are many ways to
Protecting Your Will from Divorce Read More »
Once you have created your Will, you might be tempted to put it away and not think of it again. Everything will have been drawn up exactly as you wanted it to be when you wrote it, with your assets going to your chosen beneficiaries. However, things can change, and your wishes and circumstances may
When To Update Your Will Read More »
The world of Inheritance Tax (IHT) is a minefield. As many people are unaware of how they can minimise the amount of Inheritance Tax payable on their estate, their estate can incur heavy taxes upon their death. The Planning Bee is here to help – keep reading for our complete guide to Inheritance Tax. What
A Complete Guide to Inheritance Tax Read More »
When looking to begin creating your Will, you may have heard the term mirror Will several times. A mirror Will is a form of Will that you can draw up with your spouse, but are they a good idea? What Is a Mirror Will? A mirror Will is a Will that is almost identical to
The Dangers of Mirror Wills Read More »
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
Is a Protective Property Trust Right For You? Read More »
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
What Should You Include in Your Will? Read More »
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
Statutory Wills: Everything You Need To Know Read More »
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
