Intestacy rules are extremely important in the UK, in that they cover the event of someone dying without a will. While often considered fairly archaic, they are still the law and, as such, it’s important you’re aware of how they work, how they can be avoided and when they can be challenged. Here at legacy …
You may be familiar with the term “heir hunters” from the BBC television programme, which tries to track down missing heirs to a deceased person’s estate, but how much do you know about the unclaimed estates register? And what do you need to make a claim, or start the probate process following a loved one’s …
If you and your partner are considering mirror wills or already have them in place, then you might be wondering whether your wishes will be honoured after your death. For those who don’t know, a mirror will is near identical to your partner’s will, making them ideal for those in a relationship who share the …
Can You Change a Mirror Will After One Person Dies?Read More »
Are you one of just 30% of adults in the UK who are protecting their family and financial assets by making a will? If so, have you considered where to store it? The importance of safely storing your will is not to be overlooked – if your will gets lost or can’t be found by …
Trusts are a useful way of controlling what happens to your assets when you die, but did you know that you can use a trust to avoid inheritance tax? With careful planning, the portion of your estate that gets lost in tax can be reduced or avoided altogether. However, the rules around inheritance tax are …
You might already understand that will writing is an important way to choose how your estate is shared to your loved ones, but what about the potential benefits of a mirror will? We cover everything you need to know, such as the advantages and disadvantages of a mirror will, as well as what a mirror …
We’ve sourced a recently put-together guide about financial gifting in the UK to help people avoid some of the most common pitfalls.
Initially, it was thought Aretha Franklin hadn’t left a will before she passed away last year but it has now emerged that there are in fact 3!
A recent article has highlighted what are some of the most common reasons people give for failing to do any estate planning.
New research has revealed that more older people than ever here in the UK are missing out on the essential care and support they need, rising by 19 per cent to reach almost one in seven in just two years.
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