Saving money with a deed of variation

Saving money with a deed of variation

by | 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...
The difference between a Will and a Trust

The difference between a Will and a Trust

by | 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...
How to keep your Will safe

How to keep your Will safe

by | Jun 8, 2021 | Uncategorized

It is just as important to store your Will safely as it is to make it. If a Will is lost then your estate could pass in accordance with the Rules of Intestacy, which means your loved ones could miss out on their inheritance. When someone dies, their personal...
Valuing an intestate estate

Valuing an intestate estate

by | 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...
What is a deputyship order?

What is a deputyship order?

by | Apr 20, 2021 | Uncategorized

When someone becomes unable to manage their own affairs and they have not put a Lasting Power of Attorney in place, a relative or other representative can apply for a deputyship order allowing them to act on the person’s behalf. The application is made to the Court of...