Imminent Changes To Probate Fees 2019
The Government has announced that bereaved families are soon to be faced with soaring probate costs coming into effect in April 2019. This means that some people will pay almost £6,000 more. Although...
View ArticleWhat Exactly Is Probate?
Probate can appear complicated and having to go through the process with no guidance is daunting. It is for this reason that we have compiled all the essential information regarding the probate...
View ArticleProbate a Will During Coronavirus Lockdown
The Law Society recently announced that probate applications made in the UK during the Coronavirus lockdown have halved. It is still possible to apply for probate and get the grant of probate with the...
View ArticleAre Prepaid Probate Plans and Packages Good Value?
Many of us are unaware that we need probate when it comes to managing and sorting out a deceased relative’s Will. Writing a Will itself can be a daunting experience but having to sort out someone...
View ArticleHow to Choose the Right Wealth Management Firm for You
Have you been investing for a while now, but you feel like you need to hand over the responsibility of handling your portfolio to another professional? You should consider a wealth management firm....
View ArticleOur Guide to Writing a Will and Planning What to Leave
Writing a will seems unnecessary when you feel like you’re lightyears away from retirement, but it’s an important part of estate planning as it protects your family in the event of an untimely death....
View Article7 Simple Tips to Maximize Your Retirement Fund
Retirement is a time to enjoy the fruits of your labours—you’ll finally be able to do more of the things you enjoy, whether it’s taking up a new hobby or spending time with your grandchildren. However,...
View ArticleImportant Steps to Remember When You’re Writing Your Will
Creating a will is a natural part of retirement planning, but it’s not exclusive to that period of your life alone. There are no age requirements to writing a will, but there are a few simple steps you...
View Article5 Sensible Tips for Your Estate To Go to the Right People
There are only two certainties in life: death and taxes. But did you know a third one exists? It is called taxes upon death. While the literal term may sound grim, the proper term is “inheritance tax”,...
View ArticleTrust Funds: What They Are and Why You Should Have One
A crucial part of estate planning is creating any Last Wills & Testaments and Trusts that you may need to clearly designate what you would like to occur to your assets after your passing. While...
View ArticleWhat Is the Modernisation of Lasting Powers of Attorney?
If a will is used to settle a person’s estate after death, what legal arrangement can a person use to protect their finances while still living but incapable of making sound decisions on their own?...
View ArticleCommon Mistakes in Drafting a Wills and Estates Planning
The COVID-19 pandemic has been a challenging time for everybody. This time in history has forced many of us to face our own mortality, making us want to create a will or update an existing one. This...
View ArticleWhat You Need to Know About Inheritance Tax
Do you know what inheritance tax is? It is a tax due on a deceased person’s belongings, such as their property, money, and other possessions. It is applied when the person dies and any gifts made to...
View ArticleKeep Wealth in the Family Even after Death with Trust Funds
Keeping wealth within the family isn’t limited to finding multiple sources of income, setting up a business, or saving every penny for a rainy day. There are legal methods to amassing and keeping...
View ArticleWhat Can a Professional Retirement Planner Do for You?
A retirement planner helps you create an efficient retirement plan. Their purpose is to guarantee that consumers have enough money to retire and are ready to handle any challenges that come with...
View ArticleWhat Is Power of Attorney and How Can It Help You?
In the past, conversations about death and wills were taboo. Our grandparents (and sometimes even our parents) consider it bad taste to talk about them. But the COVID-19 pandemic changed all of that....
View ArticleLasting Power of Attorney for Health and Welfare: What You Have to Know
Lasting Power of Attorney (LPA), which has been discussed more and more recently, is an essential legal measure that families are implementing to ensure that their wishes are taken care of should they...
View ArticleYour Guide to Applying for a Grant of Probate
Before you can start managing a deceased person’s wealth and assets, you have to acquire the legal authority to do so. This is called a grant of probate in England, Northern Ireland, and Wales; it is...
View ArticleMaking a Will: Don’t Let These 3 Mistakes Ruin Your Will
When you’re writing a will or testament, it can seem like there’s an infinite amount of things to take into consideration. A will is one of the most important documents you can create for your family...
View ArticleFour Tips That Will Help You Reduce Inheritance Tax
Inheritance tax can cost your family thousands if you don’t manage your assets correctly. And while managing assets may seem simple, it can get a little tricky if you don’t know what you’re doing. To...
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