by Legacy Insights | Aug 17, 2021 | Executor or administrator
When someone dies, the administration can seem overwhelming at what is a very difficult time. We take a look at each step to be taken. Following a death, dealing with all of the necessary paperwork is an onerous task. If a Will is left, it will appoint an executor who...
by Legacy Insights | Jul 6, 2021 | Uncategorized
An executor, appointed in a Will to finalise someone’s affairs after their death, can be either a professional or a private individual. According to a survey conducted by market research consultancy IRN entitled UK Wills, Probate and Trusts Market 2020, the number of...
by Legacy Insights | Jun 22, 2021 | Uncategorized
After someone’s death, their beneficiaries have the option to change the way in which the estate is distributed. This is done by executing a Deed of Variation. When somebody dies, their affairs are wound up by their personal representative, either an executor, if they...
by Legacy Insights | Jun 8, 2021 | Uncategorized
As the pandemic pushes the annual death rate above average, research has found that it has prompted people to make a Will. A survey entitled the UK Wills, Trusts and Probate Market Report 2020 conducted by market research consultancy IRN Research found that of those...
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...
