Intestate is the word for dying without a Will. Nearly 60% of Britons have not made a Will. For me that remains an astonishing figure. After you have died, those closest to you have plenty to deal with both practically and emotionally. A Will offers everyone peace of mind and is simple and cheap to Read more about Avoid intestate. Things to consider before making a Will.[…]
1 April 2017 A reduction is announced in the fees applying to register Lasting Powers of Attorney and Enduring Powers of Attorney. The new amount down from £110 to £82. The fee for resubmitting an LPA for registration came down from £55 to £41. Why the change is happening The fee reduction has been made Read more about Here’s some good news. Fees for registering lasting powers of attorney (LPA) have been reduced[…]
I am a placid kind of guy people tell me. But when I think that over half of the UK population die without a making a Will, leaving their estate in the hands of the state to deal with, I start to get vexed. We know the ‘D’ word is difficult, but leaving loved ones Read more about Dispelling common myths about making a Will[…]
Without the correct “Bloodline Planning” – Some, or all of your children’s or grandchildren’s (bloodline’s) inheritance could be lost. Assets not protected by a Trust face attack from – The divorce or separation settlements of future generations. Creditors or Bankruptcy claims. Further inheritance Tax Bills. Distributing assets absolutely to beneficiaries exposes those assets to risk. Read more about How can I protect my children’s inheritance?[…]
Growing older can mean problems for us and our loved ones. Loss of mobility or illness can make it difficult to manage your affairs. The prospect of unpaid bills can cause unnecessary stress and anxiety and delay someone’s recovery. Even the young can encounter problems due to accident or illness. An elderly relative losing capacity Read more about What if I am unable to manage my affairs?[…]
Protecting assets from care costs? If you fail to act now- Your home may have to be sold to pay for your Long Term Care costs. Your savings and investments could be wiped out. Any income would be assessed and used towards the cost of your care. Your children and grandchildren could lose their entire Read more about How to protect my home and assets from care costs[…]
Without a Will- You cannot be sure those you would wish to benefit will actually do so. Your spouse/civil partner will not automatically inherit ALL of your estate. “Common Law” partners may not receive anything.. Minor children could be taken into care whilst Guardians are appointed. There could be lengthy delays for your beneficiaries and Read more about Why do I need a Will?[…]