We are all guilty of it, but did you know there are (at least) 4 reasons why we procrastinate? Anxious procrastinationFun procrastination“Plenty of time” procrastinationPerfectionist procrastination Let’s look closer at the most common one: “Plenty of time”...
No two families are the same!
There has been a steady rise in more complex family structures and in multi-family households. Alongside this, there has been an increase in assets held in the UK and overseas as people increasingly live, work and invest more diversely than previous generations. Even...
3 reasons why your children won’t inherit from you
Are you expecting to pass all your inheritance to your husband/wife/partner on 1st death, and then to your children? Have you made ‘mirror wills’ to allow this to happen? Here are 3 reasons why your children may not inherit after all: Re-marriage of the surviving...
No will? Not everything passes automatically to your spouse
Most people assume that if we die without making a will, then everything will automatically pass to our husband/wife/partner. Actually, that may not be the case. There are specific rules about when and who your assets pass to, and unless you know all the rules, you...
Civil Partnerships – changes in the law
Civil Partnerships were introduced in 2005 for same sex couples (as they were unable to gain legal rights from marriage at that time). In 2018, a co-habiting couple, Rebecca Steinfeld & Charles Keidan, won a legal battle for the right for heterosexual couples to...
Can you exclude someone from your Will?
In the UK you can make a will leaving what you like to who you like. That means you can also exclude people who would normally expect to inherit from you. Can they still claim against your estate? Someone may believe they have been unfairly left out of a Will,...
Have you chosen the right executor?
What is an executor? In your Will, you must name the people you wish to appoint as 'executors'. Executors are the people who will be responsible for carrying out your wishes and for sorting out your estate when you die. They will need to apply for a Grant...
Who will be guardians for my children?
Are you risking your children’s future by doing nothing? In your Will, you can nominate someone to be a legal guardian for your children, just in case the worst happens and you die before they reach 18. Not sure who to choose? If you haven’t made a will, or have...
What happens if you separate or divorce?
Separation If you have an existing Will which names your partner or spouse as beneficiary to inherit all (or some) of your assets, then this will still happen, even if you have legally separated and have made a separation settlement of finances. This can include...
This year I will…… Make a Will!
Don’t be afraid to talk about making a will or what happens after you’re gone – it could be one of the most important things you do for your family! The New Year is a great opportunity to get around to things you have been putting off. Making a Will, shows that...
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