Posts tagged with: #Make A Will
If you’ve inherited from an estate, you may have options to change what happens next. This guide explains the key differences between a Deed of Variation and a Deed of Disclaimer, including when each can be used, how they affect inheritance, and their tax implications. Understand your rights as a beneficiary and how to make informed decisions about your entitlement.
Concerns have emerged over NS&I bereavement claims, with reports of missing savings and withheld Premium Bond prizes affecting thousands of estates. This article explains what has gone wrong, how NS&I bereavement claims should work, and what executors and families can do if they believe funds are outstanding, including potential tax and compensation considerations.
A homemade Will may seem simple, but it can lead to costly complications. Using the real-life example of comedian Sean Hughes’ estate, this article explores how unclear wording and overlooked assets can result in lengthy court proceedings. Learn the common risks of DIY and AI-generated Wills, and why professional legal advice can help ensure your wishes are carried out correctly.
When someone dies without a valid Will, their estate is distributed under the rules of intestacy, often creating statutory trusts. This guide explains what statutory trusts are, when they arise, and how they affect beneficiaries, particularly children. It also highlights the risks of intestacy and why a properly drafted Will is essential to ensure your wishes are carried out.
When providing instructions for a Will, the Testator will be asked to name an Executor within the terms of the Will. At the very least, they will be asked to appoint one Executor and at the most they can appoint four Executors. What is an Executor to a Will? An Executor to a Will is […]
Artificial intelligence is becoming part of everyday life. From drafting emails to answering questions and generating documents, it can feel quick, convenient and cost-effective. It’s therefore no surprise that some people are considering using AI tools to prepare their Will. Is It Safe to Use AI to Write My Will? Whilst AI can be a […]
It’s Update Your Will Week 2026 — a timely reminder of why keeping your will up to date matters. This blog explains how a current, legally valid will protects your loved ones, clarifies your wishes for your estate and guardianship, and helps avoid costly disputes. Whether you’ve recently had a major life change or just haven’t reviewed your will in years, we outline key reasons to check it now and make sure it reflects your intentions.
Learn what a discretionary trust is, how it works and who’s involved, plus the benefits for protecting assets, providing for loved ones and offering flexibility in estate planning. This article explains how trustees and beneficiaries interact and outlines potential tax implications, helping you decide whether a discretionary trust suits your circumstances.
A Lasting Power of Attorney (LPA) acts like insurance for your future, giving trusted people authority to manage your affairs if you can’t. Without one, your family may face stress and costly court processes. Learn the importance of both Health and Welfare and Property and Financial Affairs LPAs, and how to put them in place for peace of mind.
