Category: Will Writing
- Written by: Jason
- Category: Will Writing
- Published: 11th December 2013
The decision on how and where to store your Will is as important as the initial decision you made to instruct your Will and wishes to be written in the first place. And it is a decision that you should not delay in making.
Ideally, your Estate Planning Consultant or Solicitor would have brought this to your attention at the beginning of your discussions. But if this is not the case and your Wills and Trust’s documents are just sitting in a drawer somewhere you need to act now.
- Written by: Jason
- Category: Uncategorised, Will Writing
- Published: 3rd December 2013
If you have made a Will and have children under the age of 18. You would have nominated Guardians for your children and these are the people you are entrusting the care and legal guardianship of your children in the event of your death.
If you die without making a Will you die intestate and English law applies to both the estate and any children under the age of 18 that you leave behind? Normally the law allows for the custody of any children under 18 to pass to any surviving parent.
- Written by: Jason
- Category: Will Writing
- Published: 26th November 2013
Blunt as it may sound, if you are putting off making a Will, planning on getting round to it at some stage. Be aware that this could be both costly and detrimental to the ones you love.
There may be many genuine reasons why you are putting off making your Will. For example, you may just not like thinking about your own mortality. You may be extremely busy with other elements of your life, always having the idea in the back of your mind planning to get around to it one day but you never seem to get there.
- Written by: Jason
- Category: Will Writing
- Published: 3rd November 2013
Whilst everyone should make a Will statistics currently show that two out of every three people in the UK have yet to do so.
For whatever reason, putting off making your Will is a bad move.
Even those that have made a Will may not have put the correct Estate Planning in place to protect their children’s and grandchildren’s inheritance.
Dying without putting the correct Will and Estate Planning in place puts your home and assets at risk from the following scenarios.
- Written by: Jason
- Category: Will Writing
- Published: 8th October 2013
The purpose of today’s post is to outline an overview of some of the most common Terms and Clauses written into Trust’s and break down the meaning or purpose of these into plain speak.
List of Common Trust Terms and Clauses
The Clauses and Terms contained within your Trust are going to depend very much on your own personal circumstances and the type of trust used. Below is a list of the most commonly used Terms and Clauses.
- Written by: Jason
- Category: Will Writing
- Published: 3rd October 2013
One of the most important roles I undertake as Will Writing and Estate Planning Consultant is to ensure that I explain things in plain speak so that people can understand how their Will is written and what the clauses contained within a Will means.
The purpose of today’s post is to outline an overview of some of the most common clauses written into Will’s and break down the meaning or purpose of such clause into plain speak.
- Written by: Jason
- Category: Uncategorised, Will Writing
- Published: 26th September 2013
The term De minimis is a Latin expression meaning minimal things, that are so minor as to be negligible, trivial or trifling. The term itself is often used to describe exemptions in government rules and regulations. For example where tax is not payable.
Trust De minimis Explained
When arranging a Will for a client that requires the proceeds of their estate to be directed to one or more discretionary trusts, a small De minimus sum (usually £10) is required to create each pilot trust.
- Written by: Jason
- Category: Will Writing
- Published: 23rd September 2013
It’s a well-known fact that for whatever reason. The process of going through a divorce always scores high in the top ten lists of the most stressful life events one can experience.
In 2012 there where an estimated 128,000 divorces filed across England, Scotland and Wales.
- Written by: Jason
- Category: Funeral Planning, Will Writing
- Published: 10th September 2013
One of the things I leave my clients with when arranging their Will is a document that provides information on the role of an executor. This is because it is not only important to be prepared yourself, but to prepare those who you want to manage your affairs in the event of your death, your “Executors” and “Loved Ones”.