How Does a Second Marriage Affect Inheritance in the UK?
If you had been previously married and plan to remarry in the UK, you must understand how this will affect the inheritance you get from a previous marriage and that of your children (if any). If you...
View ArticleEstate Planning 101: Everything to Know About Intestacy
Estate planning is a crucial step taken by many people because it will turn their possessions over to the right people when they pass. One must do it, no matter how early it may be. If a person doesn’t...
View Article6 Common Errors That People Make When Estate Planning
It’s important to get your financial future in order, and this includes the period after your passing. If you fail to plan for the event of your death, your loved ones may suffer massive headaches and...
View ArticleDo Wills Have to Be Registered: What You Need to Know
When you draw up a will, it’s essential to keep it in a safe place. However, many people wonder if it’s necessary to have the will notarized or have it formally registered. If you’ve always wanted to...
View ArticleWhat You Need to Know About Unentitled Relatives
While it can seem pretty straightforward to some people, many people tend to still misunderstand laws when it comes to heirs and those who aren’t entitled to receive anything from a person’s will. That...
View ArticleHow To Make Financial Preparations If You Are a Retiring Single
Retiring single also has its perks. It only means you do not need to consider anyone else when making your decisions regarding money and estate management. It also means you own everything you have and...
View ArticleA Look at the Different Types of Trusts Available in the UK
Popular media makes it seem that trusts are only for the wealthy when that isn’t the case. Trusts are for people who want to protect and provide for their families when they pass. It’s also for those...
View ArticleIs it Possible to Cut Someone Out of Your Will?
Taking on the responsibility of creating your own will  is one of the most important financial decisions that you can make. However, knowing dysfunctional families can be, the decision to disinherit...
View ArticleThe Things That a Lasting Power of Attorney Can Do in the UK
A lasting power of attorney enables you to assign a qualified person to make sound decisions just in case you would not be able to due to unforeseen circumstances. It has become a necessity for the...
View ArticleUnderstanding the Functions of Inheritance Tax
Inheritance tax (IHT) represents less than 1% of annual tax revenue and is neither targeted nor diverted to specific initiatives. Inheritance tax money is combined with income tax, business tax, and...
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