Legacy Insights
More information about Wills, Trusts, Lasting Powers of Attorney and many other ways for you to protect your Legacy
Legacy Matters joins the Society of Will Writers
In the realm of estate planning and will writing, Legacy Matters has long been a trusted name in Cambridgeshire. As a family-owned business based in Cambridge, they have built a solid reputation for providing top-notch services including will-writing, Lasting Powers...
What is Estate Planning?
Estate planning is a comprehensive process that involves making crucial decisions regarding the management and distribution of your assets and belongings during your lifetime and after your passing. Legacy Matters understands the significance of estate planning and...
Top 10 Reasons to have a Will
Did you know there can be costly fees for your loved ones if you die without a valid Will? While death isn't something we like to think about, we know that it is a natural part of life and can happen at any moment. We cannot anticipate our end, but we can gain control...
A simple tribute to a great life.
It is with great sadness that I write this brief tribute to The Queen who died around 12 hours ago. I was honoured to meet the Queen and that day is one that I will always remember. I am aware that the time I spent in her company was fleeting, but because of the...
Planning for what will happen to your business after you die
Planning for the future is an essential part of taking care of your business. As well as making sure your loved ones are provided for, business and estate planning can ensure that your estate legitimately minimises its liability for Inheritance Tax.
Should I make a mirror Will?
Mirror Wills are two Wills made by a couple usually leaving everything to each other and then to the same choice of beneficiaries, usually their children.
Leaving your digital assets in your Will
Most people do not include their digital assets when they make a Will, meaning that anything of value will end up being included in the residue of the estate.
Probate process can be slower if deceased does not leave a Will
The probate process can be a slow one, involving the winding up of all of someone’s affairs following their death. If they did not leave a Will, the time taken can sometimes be longer, as their estate may be less organised than someone who has planned for the future and there could be difficulties in identifying and locating beneficiaries.
Using a family business trust for business succession planning
Passing on a family business to the next generation can be challenging. Using a trust can safeguard the business as well as offering tax advantages.
The sideways disinheritance trap and how to avoid it
When a couple has children and one of the couple dies leaving everything to their spouse, there is a risk that ultimately the children may receive nothing.