If needs be you can change a person’s Will after death, provided any beneficiaries left worse off by the changes agree. Even where there is no Will and the intestacy rules apply changes can be made to inheritances in the same way as if there is a Will. Any changes must be completed within two […]
Author Archive | David Dexter
It may happen that one or more of the beneficiaries of your Will can be classed as Vulnerable. This is usually someone who is registered as disabled (or would be if an adult) or is a minor who has lost their parents.It could be a person who has lost the ability to manage their own […]
To prepare for writing a Will it is usual to estimate the value of all the assets which form part of the persons estate. this is done for various purposes including that of considering whether or not any Inheritance Tax may be payable on the total. Many employed people usually think that their home and […]
It is a wonderful thing to start a new family. All the preparations that go into providing food,clothing,shelter and entertainment prior to the arrival and then the wonderful care and attention that follow. It certainly takes over family life for many years into the future and beyond. However the ‘What if’ factor can raise it’s […]
A Prudent Person will resolve in the new year:- To make a Will, prepare a Lasting Power of Attorney and purchase a Funeral Plan How Prudent are you?
A Prudent Person in the New Year will resolve :- To prepare a Lasting Power of Attorney To purchase a Funeral Plan To make a Will How prudent are you?
A Right of Residence is something you can include in your Will. If you own a house and want to make sure that someone can continue to live in it after you die one of your options is to create a Right of Residence for them. This will make sure that the person keeps the […]
Apart from the normal needs of a home,food to eat,clothes to wear,money to spend, age also brings a desire to protect what you have and to ensure it is used to provide for those needs. In addition the need to know where all your built up savings and property will go when you pass away. […]
If you want a protective shelter for your property and assets after your death then a Discretionary Trust can be built into your Will This type of Trust can be used if your intended beneficiary (ie someone you are leaving some or all of your assets to ) is:- Not happy or able to handle […]
Anyone who has a family, or owns assets and savings, should make a Will. But what sort of Will should you make and why? For a single person the Basic Single Will sets out what should happen their estate when they die. It guarantees nothing but sets out how the assets that are remaining at […]