by Emma Lowe | Jul 10, 2023 | Will Trusts
The process of probate is conducted after a person dies. Their property, money, financial affairs and possessions are sold or transferred, any outstanding debts are settled and whatever’s left is then paid to their beneficiaries. This process takes place regardless of...
by Emma Lowe | Jun 20, 2023 | Will Trusts
In England, the law states that anyone who is at least 18 years old and of sound mind can act as a witness to a will. However, there are specific requirements that must be met in order for the witnesses to be considered valid. Here are the key guidelines: The...
by Emma Lowe | May 23, 2023 | Will Trusts
The number of people living with Dementia in the UK is projected to nearly double from 850,000 to 1.6 million by 2040, mainly due to an ageing population (according to Dementia UK). Therefore, ensuring that the right tests and assessments are followed to establish...
by Emma Lowe | May 2, 2023 | Will Trusts
Estate Planning is seen to be a heavy subject that a lot of people tend to put off, it can seem daunting and complicated. As your clients' adviser you can help put them at ease, introduce the subject to them and help them identify how estate planning can be beneficial...
by Emma Lowe | Apr 11, 2023 | Will Trusts
According to a recent report from Quilter, 57% of people are still without a Will and other sources suggest this figure may in fact be slightly higher. Of those that do have a Will, 53% have not updated it in the last 5 years with a further 14% having never updated it...
by Emma Lowe | Apr 2, 2023 | Will Trusts
Whilst Wills and Trusts do have a lot of overlap, there are also several differences between the two. Ultimately, both are ways to say who will receive a persons assets. They just do it in different ways, and each has its own advantages and disadvantages. A...