We all hope that when we die, our loved ones will be looked after. But there are rules about how your money, property and possessions are distributed when you die, and without a
legally binding will in place, you may not get what you want.
You may hope that your future assets will be shared fairly in a verbal agreement alone, but family relationships break down, so having a formal will is key to
estate planning and peace of mind.
Posted on July 18, 2024 by
AdminAfter someone close to you dies, you may be named as an executor of their will. Being given this responsibility can be a lot to handle at a difficult time, and may prompt a lot of questions. So what exactly does being the executor/administrator of a will or estate mean?
To help lessen the load, here's a quick guide covering what this important responsibility entails and how you can get expert advice to make this challenging role easier to handle.
Read more...Posted on June 21, 2024 by
AdminWhen a loved-one passes away, it's never easy to come to terms with, especially if you are tasked with managing their funeral and estate. Grief and the practical steps of arranging funerals and other death-related processes rarely go hand in hand when emotions are running high, which is why we have created this guide.
Here we aim to lighten the load by giving you a bitesize guide to help you through this difficult time. Here we'll give you practical tips to help you organise a perfect send off for your loved-one, from choosing a funeral director, dealing with funeral expenses and even managing your deceased loved-one's estate.
Read more...Posted on October 3, 2022 by
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Posted on September 22, 2021 by
AdminEvery adult has the right to manage their own affairs, but illness, disability or an accident might mean that choice is taken away from you; if the last 12 month has shown us anything, it’s that lie that can be unpredictable. Power putting a Lasting Power of Attorney (LPA) in place you can choose the people you want to make decisions about your health and finances should a time when you are unable to do so yourself.
Posted on July 14, 2021 by
AdminRegardless of your age, we understand that nobody likes to think about Wills, but writing a Will is the very best way to protect your loved ones when you are no longer able to.
Posted on November 4, 2020 by
AdminOver 50% of adults in the UK do not currently have a Will and during these worrying and uncertain times, a Will is one way to take control and give yourself peace of mind that your wishes are properly recorded should the worst happen. Here we talk about the easiest way to make a Will under lockdown and the reasons why every adult, whatever their age and circumstances, should do so.
Read more...Posted on August 15, 2019 by
AdminAnyone familiar with BBC One’s Heir Hunters programme will know about the otherwise relatively unknown and niche industry of probate genealogy research. When someone passes away, they leave behind an estate; it’s necessary to distribute that estate to the rightful heirs, known as beneficiaries. As the programme highlights, it’s not always easy to identify who should benefit from the estate or, if the beneficiary is known, to locate their whereabouts.
Read more...Posted on March 7, 2019 by
AdminIf, like most of us, you don’t have an autobiography and you’re not planning on releasing your personal memoirs anytime soon, your will is the most detailed document you’ll ever have about your life.
This one, all-encompassing legal document captures what should happen to your life’s earnings, accumulated assets, the family home, your sentimental possessions, how your beloved pet corgi or fish that refuses to smile back should be cared for, what your religious preferences are, any last wishes, and what you’d like to happen to your earthly body when you’re gone. Your will is, in effect, your opportunity to have the last say. Whether you’re stubborn or not, that’s a protection we should all want.
Read more...Posted on November 30, 2018 by
AdminQueen of Soul, Aretha Franklin, sadly passed away in August and did so without leaving a Will. This might come as a surprise to many given her superstar status and assets worth an estimated £62.3 million. Without a Will in place, local law is dictating how her estate is being divided, rather than this being her own choice. This is further complicated because one of her sons has special needs that require financial and medical support for the rest of his life. The process of administering her estate could take years to resolve because of this lack of clear division and potential claims to the inheritance, and will likely play out in public.
Read more...Posted on January 12, 2018 by
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