Making payments from a deceased’s estate

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 … Read more

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 … Read more

How do I make sure my Will is valid?

Making_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 … Read more

Can you write your own will?

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 … Read more

Are WillWriters Legal?

Jamie_Walker

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 … Read more

Common Misconceptions About Lasting Powers of Attorney

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 … Read more

Making payments from a deceased’s estate

Making_payments_from_a_deceaseds_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 … Read more

Thinking about dependents in your will

Thinking_About_Dependants

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 … Read more

Securing your business in the event of the unexpected

Securing my business with a will

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 … Read more

6 life changing events you should update your will for

Life Changing Events to Change you Will

Astonishingly, 55% of UK adults do not have a Will. This means that over half of the population have not safeguarded their future wishes. Without a Will you will not have a choice about what happens to your estate when you die. Instead, the state allocates it to the next of kin which is usually … Read more