Choosing a Guardian: What If You Do Not Want the Other Parent to Take Over?
Choosing a guardian is about giving your child familiar, loving support if you are no longer here. It is also an area where assumptions can cause problems. Naming someone in your Will does not automatically mean they can take over from a surviving parent. Start with the person, not the paperwork Think about who knows […]
Choosing an Executor: Who Should You Trust with Your Will?
Choosing an executor is one of the most practical decisions you make when writing your Will. This is the person who will deal with your estate and help turn your written wishes into reality. The best choice is someone who can handle the responsibility, rather than simply the person you feel you ought to name. […]
Joint Tenants or Tenants in Common: What Does It Mean for Your Will?
You may own your home with your husband, wife, partner or another family member. But do you know what would happen to it if one of you were to pass away? The answer depends partly on how you own it. In England and Wales, the two main ways to hold the beneficial interest in a […]
The difference between a Will and a Lasting Power of Attorney (LPA)
Lasting Power of Attorney vs. Will: What’s the Difference? A Lasting Power of Attorney (LPA) is very different from a will. In fact, they serve opposite purposes. A will protects your beneficiaries’ interests after you die, while a Lasting Power of Attorney protects your own interests while you’re still alive—right up until the moment you […]
Can I pass a specific item across in my Will?
In a word YES! By assigning specific assets in your will, you can ensure the security and protection of your legacy for future generations. A well-thought-out estate plan not only guarantees that your wishes are carried out but also minimizes disputes among family members, helping to preserve harmony during a difficult time. One crucial step […]
How do I choose an executor?
The process of choosing an executor for your will is a significant decision that demands thoughtful deliberation. The executor holds the important responsibility of overseeing your estate and ensuring that your final wishes are fulfilled. This article will provide key factors to consider when making this important decision. 1: Trustworthiness The most important thing to […]
CAN I CHOOSE WHO WILL CARE FOR MY PETS
Don’t overlook your pets when writing your Will! With a significant 62% of households in the UK owning pets, it’s evident that animals play a crucial role in our estate planning. Most pet owners want to ensure that their beloved companions are taken care of even after they pass away. So, what exactly can a […]
Should you Re-write your Will Following Divorce?
Divorce and bereavement – are two of the most stressful experiences a person can go through in their lifetime. When you’re going through a divorce, you’re understandably focused on the immediate issue at hand. Dividing assets and, if you have children, agreeing on how your children’s needs will be met. Thinking about what happens after […]
How looking after yourself, will look after your family too
As we welcome 2023, naturally we all look at where we are in life: how far we’ve come and our achievements, as well as choosing personal goals to enhance our lifestyle and improve our future. New Year Resolutions can have mixed feelings attached to them, and although we shouldn’t pin too much on the specifics, […]
When Should I Write a Will?
Writing a Will sounds like a grown-up thing to do. But when do we officially become a ‘grown-up’ – when we start our careers, when we get married or when we have kids? A Will is something we all avoid for the wrong reasons. Ideally, the best time to write one is when you’re young, […]
