by Legacy Insights | Nov 16, 2021 | Uncategorized
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. The intention of mirror Wills is to provide for the other person and ultimately for the same beneficiaries once...
by Legacy Insights | Oct 5, 2021 | Legacy Planning
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. The couple may intend to give their estate to each other, and then, on the death of the second to die, have...
by Legacy Insights | Jun 9, 2021 | Uncategorized
Wills and Trusts can be very useful in estate planning and providing for your loved ones. A Will sets out who you want to benefit from your estate after your death. There are different types of Trust that can be set up, with some taking effect after death, but some...
by Legacy Insights | Apr 13, 2021 | Uncategorized
When you make a Will, you should appoint one or more executors to deal with the administration of your estate after your death. You can either choose a trusted relative or friend or appoint a professional. An executor is responsible for the winding-up of someone’s...
by Legacy Insights | Feb 16, 2021 | Uncategorized
Time to start thinking ahead. The UK residential nil rate band (RNRB) is due to update this year. So, what might this mean for you? Let’s take a look at the main criteria of the RNRB and how it works in practice as well as the main conditions. What is the UK...
