The Importance of Preparing a Will
63% of adults in the UK haven’t prepared a Will. These people are leaving everything to chance, from what will happen to their body and funeral to who inherits their estate. In fact, having no Will could end up costing your family a higher price than if you had written one. This could prove to […]
Making payments from a deceased’s estate
If you’ve been left money or a share in someone’s estate, you may be wondering what liabilities you have. Do you need to pay tax on the money, and who is responsible for clearing any debts the deceased may have left? After someone dies, their personal representative is responsible for winding up the estate. It […]
Securing your business in the event of the unexpected
Having a will in place is essential if you want the final say in what happens to your business and other assets after you die. If you die without a Will, everything you own – including business and non-business assets – will be distributed under the laws of intestacy. This means that you or your […]
How do I make sure my Will is valid?
For a will to be valid: it must be in writing, signed by you, and witnessed by two people you must have the mental capacity to make the will and understand the effect it will have you must have made the will voluntarily and without pressure from anyone else. You and the witnesses must be […]
Can you write your own will?
You can write your own will and you can buy packs from shops or online to help you do this. However, except in the simplest cases, it is generally advisable to use someone who specialises in drafting wills. If it’s not written properly it may prevent your wishes being carried out and can cause difficulties […]
Are WillWriters Legal?
The simple answer to the question ‘Are WillWriters Legal?’ is yes, wills produced by professional will writers are legal but the question you should ask: Is the will writer I am using experienced and qualified to give me expert advice about Wills, Trusts, Inheritance Tax Planning, Lasting Powers of Attorney, Business continuation Planning and all […]
Common Misconceptions About Lasting Powers of Attorney
A Lasting Power of Attorney or LPA is one of the best ways to protect yourself and your wishes should you become unable to make financial or health decisions for yourself. But, all too often people fail to make an LPA because they are unsure about what it involves and why it is needed. Here […]
Making payments from a deceased’s estate
If you’ve been left money or a share in someone’s estate, you may be wondering what liabilities you have. Do you need to pay tax on the money, and who is responsible for clearing any debts the deceased may have left? After someone dies, their personal representative is responsible for winding up the estate. It […]
Thinking about dependents in your will
Perhaps one of the first things to think about when planning or revising your Will is who your dependents are. Who relies on you financially or for care? These are significant considerations you will need to think about. Obviously, this could include a spouse, civil partner or co-habiting partner, along with any children you may […]
Securing your business in the event of the unexpected
Having a will in place is essential if you want the final say in what happens to your business and other assets after you die. If you die without a Will, everything you own – including business and non-business assets – will be distributed under the laws of intestacy. This means that you or your […]
