- Written by: Jason
- Category: Uncategorised
- Published: 16th October 2013
A question I am asked on a regular basis is what is Estate Planning ?. Whilst people are aware of the need to make a Will and are motivated to do so by their wish for their loved ones to benefit from their estate in the event of their death. They are often not aware that making a Will is only one part of fully protecting their estate.
- 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: Care Home Fee Planning
- Published: 16th September 2013
According to the Oxford Dictionary, the term “Deprivation” means, the damaging lack of material benefits considered to be basic necessities in a society. For example, the lack or denial of something considered to be a necessity like “sleep deprivation”. The term “Deliberate Deprivation” is more commonly associated with local authorities and their assessment of one’s assets for care home fees.
- 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”.
- Written by: Jason
- Category: Will Writing
- Published: 5th September 2013
Whilst statistics can differ, the majority of surveys carried out in recent years have indicated that around 60 to 70 percent of the UK population have not made a will. There are many reasons why people may put off making a will. Back in April of this year, I wrote an article about this very subject entitled “Whats Your Excuse”. A link to which can be found at the bottom of this post.
- Written by: Jason
- Category: Uncategorised
- Published: 27th August 2013
If you have not already heard of terms such as Digital Legacy, Digital Inheritance or Digital Will, it is only a matter of time before your attention is drawn to this subject matter. A matter of what some may call an “Alternative Legal Position” that now needs to be seriously debated and considered.
There is no doubt ones interpretation of the legalities surrounding your online assets will change as both the internet and the law that may govern it evolves over time.