There are many reasons why you should make a Will; some of the most important are listed below. If you don’t make a Will, there is every chance that you have spent your life working hard to provide for your loved ones, or accumulate savings or investments, but then in the event of your death, your [...]
It is now a well known statistic that only about 40% of people have made a Will, and those who have not yet made that provision still balk at the cost charged by solicitors and look for cheaper alternatives. The two most popular alternatives to solicitors are Will Writers and Banks. Will Writers advertise that they [...]
Three things you might not have considered including in your Will... Digital assets Digital assets, such as photographs, social media, online banking, emails and documents, are often ignored during the Will making process. But we need to remember that there is often a monetary value, or other value, to these items and therefore what happens to [...]
Alzheimer’s UK has predicted that by 2025 more than one million people in the UK will be living with Dementia. For those that know about, or have directly experienced the impact of this disease, they will have some understanding of how impossible it can become to handle your own affairs; ranging from every day tasks such [...]
You may have heard the term ‘power of attorney’ bouncing around, especially if you or your relatives are ageing or have specific needs which may require this. Perhaps people are advising you to go down that route but you’re not entirely sure what it entails. Don’t worry, our blog seeks to inform you on the subject. [...]
When a farmer's Will left almost all of his estate to a family discretionary trust, the estate administration proceeded without problems. The beneficiaries of the trust were his widow and daughter and, at the time of his death in 2005, his estate was valued at £3.2 million. The main asset in the Estate was farmland, which [...]
Although she had separated from her husband more than 20 years previously, a woman who died of a brain tumour in 2010 had not yet completed the settlement of the financial side of her divorce when she died. Since the separation, she had taken up with a man 26 years her junior and, in a will [...]
Writing a Will is arguably one of the most important things you will do in your life but certainly the most important document. With a will you are helping to ensure not only that your estate is looked after when you are gone, but also that your loved ones are protected and that your wishes are [...]
In a cautionary tale for those who care for elderly relatives, the heirs of a dementia sufferer are in danger of losing their inheritance after failing to convince a Land Registry Adjudicator that the value of the man's home should be protected against being eroded by care home charges built up during the final four years [...]
It is a regrettable truth that even close family members cannot always be trusted to do the right thing, as illustrated by a case dealing with a wayward son who was appointed as attorney over his elderly mother's financial affairs. Unfortunately, he used her life savings to 'subsidise his lifestyle', whilst refusing to pay her care [...]
