Tag: wills
Ways to revoke a will
Revoking a will means to formally cancel an existing will, rendering it legally invalid. Most people tend revoke all or part of their wills by signing a new will or codicil. To be clear, this is the preferable way to proceed. However, there are other circumstances in which revocation can arise, but they can come... Read more »
Do you have to appoint solicitors as executors in your will?
This is a question we are often asked by clients. According to research, only about one-third of adults in the UK has a valid will. Not everyone needs a will, as, if you don’t have one, Intestacy Rules set out who is entitled to your estate and who can administer it. For many people, relying... Read more »
Dealing with the death of a loved one
Losing a loved one is a terribly sad time and can be made even more upsetting and stressful when you are left to deal with sorting out your loved one’s affairs. As a later life solicitor, I am often asked many questions around probate and where to start. I understand this is a stressful time... Read more »
Appointing a guardian in your will
The importance of using a will to appoint guardians for young children A guardian is a person appointed in your will to look after children under the age of 18 in the event of your death. If a person has children, they should consider appointing guardians in their Will. This is so they can choose... Read more »
Beware of misleading Property Protection Trusts
Products claiming to protect assets from care fees are sometimes too good to be true. Most people are responsible for the cost of their care if their assets exceed £23,250 (although the home may sometimes be disregarded). Due to worries about the cost of care, I’m often asked how to protect assets in order to... Read more »
Getting organised for the future – Don’t stick your head in the sand!
It’s all very well drawing up a will and Lasting Power of Attorney and thinking that is all you have to do to prepare for the future. If you do not keep proper records of what you own then you make it so much more difficult for your attorneys or executors to sort out your... Read more »
The sad case of Mrs T
This is based on a real life case study and highlights the importance of having a Lasting Power of Attorney in place. Mrs T was a widow in her eighties and was in the process of selling her large family home in order to purchase a smaller, more manageable retirement property. Solicitors were dealing with... Read more »