Year: 2022

The Impacts of Marriage and Divorce on a Will

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Figures from the latest Office of National Statistics Census 2021 show there were 219,850 marriages and 103,592 divorces in England and Wales in 2020. For those with a Will in place, marriage, civil partnerships, and divorce can have a significant impact on its validity, which if left unattended could lead to decisions beyond your wishes…

Donating to Charity in Your Will

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Many of us donate to a chosen charity due to an emotional connection that strikes a chord with us.  Not only does this help the causes you care about most, but it also has some future benefits. For example, did you know that donating or leaving money to charities can also help reduce your IHT…
New rules for trust registration. What you need to know

New Rules for Trust Registration Service. What You Need to Know

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Trusts are a fantastic tool in anyone’s Estate Planning arsenal. They allow a trustee to hold and control assets for a beneficiary and they can even reduce the Inheritance Tax liability of your estate. If you already have a trust, then we have some important news you should be aware of. There have been changes…
Does Your Will Need Updating?

Does Your Will Need Updating?

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Recent research has found that almost half of wills in the UK might be significantly out of date, meaning it’s more important than ever to ensure yours is updated and meets the needs of your current situation. A will that’s not updated could cause your loved one’s confusion after you pass away, and even result…
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How to Change or End a Lasting Power of Attorney

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Getting a Lasting Power of Attorney (LPA) put into place is a serious decision. Usually, these documents aren’t altered or revoked except where absolutely necessary, as they’re intended to be binding documents that are put into place in case someone was to lose mental capacity. However, it might reassure you to know that you can…
What should you consider when writing a will?

What Should You Consider When Writing a Will?

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When writing a will, it’s important to be confident that you’ve covered everything that you need to. To ensure your will covers everything you need, we would advise speaking with a professional to give you the peace of mind that your family and wishes will be taken care of in the event of your death.…
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What are the Next of Kin Rules in the UK?

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Many people in the UK might not realise this – but there’s actually no specific legal definition of “next of kin”, and the phrase is often used in different ways according to the context. While there are no specific laws in the UK that govern who you should name as your next of kin, there…