Posts tagged “Will Writing Process”

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Mental capacity: What is it and why do I need it to prepare a Will?

Posted on 23rd March 2023 at 14:31

When ‘mental capacity’ is discussed, we are generally talking about a person’s ability to make informed decisions for themselves.

The Pitfalls of Mirror Wills

Posted on 21st March 2023 at 10:39

A bitesize guide to Inheritance Tax

Posted on 20th March 2023 at 09:49

Inheritance tax is a tax levied on the estate of someone who has died (i.e., property, money and possessions).

Pitfalls of Being a Personal Representative

Posted on 22nd February 2023 at 11:24

Dos and Don’ts of a Letter of Wishes

Posted on 13th December 2022 at 14:32

Cohabiting couples don’t need a Will – right?

Posted on 10th November 2022 at 09:52

So, you live with your partner and have a family together, so when you pass away everything will pass to your partner even though you are unmarried, right?

Wrong! It is a common misconception that cohabiting, unmarried couples have the same rights as married couples whereby everything will automatically pass to their spouse if they die without leaving a Will.

Cohabiting couples are not afforded the same rights as married couples no matter how long-term the relationship has been, and there is no such thing as a ‘common-law marriage’.

The National Will Register – What Is It & How To Use It

Posted on 16th September 2022 at 11:19

You may have made a Will, but what happens if your loved ones are unable to locate it when you die?

If your Will or a copy cannot be found after you die, your estate will be distributed in accordance with the intestacy rules, or in line with an earlier redundant Will, meaning your wishes may not be fulfilled. This may be because your family or loved ones mistakenly believe you did not create one or have cancelled or destroyed it.

You can ensure that you protect your loved ones by registering your Will with Certainty, the National Will register.

DIY? Good for the garden shed but not for your Will

Posted on 15th September 2022 at 10:44

It may seem like a good idea to draft your own Will to avoid incurring solicitors’ fees. However, it is important to understand that this may not be cost-effective in the long run, despite how appealing it may be. After all, you wouldn’t cut your own hair, so why draft your own Will?

Inheritance Tax- How to mitigate your potential exposure by making use of allowances and exemptions

Posted on 22nd August 2022 at 10:54

As the cost-of-living crisis impacts on everyone more and more how do you ensure you leave the maximum amount to your family and loved ones on your death?

Should you Replace your Enduring Power of Attorney?

Posted on 6th July 2022 at 13:31

Enduring Powers of Attorney (EPAs) are old form powers of attorney pre-2007. Lasting Powers of Attorney (LPAs) were introduced on 1st October 2007 and after this date, it was not possible to create EPAs.

Looking after your woofed one in your Will

Posted on 1st July 2022 at 11:16

A Will is an important document in someone’s life in order for them to distribute their assets and provide for their loved ones after they pass. So, it is important for us to consider the extent to which you can look after and provide for not only your loved ones, but also your pets when you die.

Trust Registration- what you need to know

Posted on 30th June 2022 at 09:43

Most trusts now need to be registered with the HMRC via their Trust Registration Service which is an online portal service as opposed to paper form registration.