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Wills and Probate

 

What are the Requirements for a Will to be Legally Valid?

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 Making a Will is one of the most important ways you can plan for the future to ensure as far as possible that your final wishes are respected. In England and Wales, you have complete freedom to leave your money and property to whomever you like....

Can I challenge a Will?

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Losing a loved one is a distressing time, and it can be made worse if there are disagreements regarding the Will left behind by the deceased. When drafting a Will, there are strict rules which need to be adhered to and if there are doubts or concerns about...

What are Mirror Wills and are they a good idea?

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Making a Will is one of the most important things you will do in your life, as it ensures that when you pass away, your wishes are fulfilled and your estate is passed on to the beneficiary or beneficiaries of your choice.  Mirror Wills are...

Are gifts liable for Inheritance Tax?

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Inheritance Tax (IHT) is paid on the assets that someone leaves behind when they die, i.e. property, money, businesses etc. Inheritance Tax is usually paid on estates worth more than £325,000, although the threshold can be higher under certain...

Who inherits when there is no Will?

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If a loved one dies without leaving a Will, their estate will be divided according to the standard rules of intestacy as set out by the government. These rules strictly define who inherits depending on what surviving family the deceased has and the size of...

TIME LIMIT: How long do you have to make a personal injury claim?

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If you have been injured as a result of someone else’s negligence or malicious action, whether at work, in public, or under any other circumstances, you may be entitled to claim compensation. However, it is important to be aware that there are strict...

When should you make a Lasting Power of Attorney?

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A Lasting Power of Attorney (LPA) allows you to nominate one or more people to help you with making decisions about important issues if you lose the capacity to do so yourself in the future. An LPA will therefore commonly be used where you have reason to be...

Things to know when considering equity release for your home

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Equity release can be an attractive way to fund your retirement, allowing you to unlock some of the value tied up in your home as a tax-free lump sum. Many people use this money to pay off debts, fund home improvements or other plans to make their...