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 »
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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A Lasting Power of Attorney (LPA) is a legally binding Government-backed document that allows you (the Donor) to appoint a trusted friend or family member of your choice (the Attorneys), to make decisions for you, should you lose mental capacity or no longer wish to make decisions for yourself. This gives you more control over
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A Flexible Life Interest Trust (FLIT) arises when a beneficiary (usually a spouse) is left a lifetime interest in property (and often assets). This means that the beneficiary is entitled to receive income from the Trust, for life, but they are not entitled to receive capital as this will often pass to children from a
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