by Legacy Insights | Apr 27, 2021 | Uncategorized
When someone dies without leaving a Will, their estate is distributed according to the Rules of Intestacy (the Rules). The Rules state that the first £270,000 in the estate passes to any spouse or civil partner of the deceased. For this reason, it is important to...
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 | Dec 29, 2020 | Uncategorized
When something is given away, but the person making the gift still retains the use of it, it is known as a gift with reservation of benefit (GROB) A GROB commonly occurs when parents give their property to their children but continue to live there. While the property...