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 […]
Tag Archives | Wills Will Writing Executors
Up they Go
A new system of Probate Charges to be introduced in May will see them rocket upwards. The fee payable to Government by Executors of a Will for permission to administer the estate of a deceased person will now be based on a sliding scale. For estates valued between £50000 and £300000 the fee will be […]
Prevent a Challenge
A recent statement made by a member of the Law Society’s Wills and Equity Committee said that ‘There are several ways to challenge the validity of a Will, though it is a complex area and shouldn’t be undertaken lightly’ To prevent such challenges from being contemplated there are several measures that can be taken to […]
What would my parents have wanted?
In a period of grief following death how often is the question raised by bewildered loved ones ” what would mother or father wanted to happen? Which of us will inherit the chattels in the house and the car? Are we to sell the house and divide the proceeds? If so are they to be […]
Funeral costs 50 to 75 breakthrough
The price of a funeral continues to rise annually well above the cost of inflation. Whilst the average is now around £3284 it is estimated that by the year 2020 it will reach over £5600. A Will usually contains instructions on the wishes of the testator for burial or cremation but the arrangements are in […]
Plundered Wills
Highlighted in the news today are a number of cases where political parties have taken advantage of loosely worded Wills. Bequests to’ Government of the day’ have been taken to mean Political Parties in Government today. One wonders about the Executors of the Will who paid over the monies to the Political Parties. They may […]