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Registering A Will And Finding Secure Storage

Friday, July 3rd, 2015

Registering a Will enables you to know if a Will exists and helps you to find it! Have you made a Will? And if you have made a will, have you registered and stored it securely? For those who have made a Will If a person has just made a valid Will, it is strongly recommended, before you put this in a secure location or storage, that you think about registering the Will as an extra safeguard. This is just in case it may be misplaced at some point in the future. Other reasons for wanting to locate a Will You may need to update or review it. Changes may need to be considered due to a number of factors such as: changes in circumstances,…

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LPA Forms are Changing from 1st July 2015

Thursday, June 25th, 2015

Clearer and simpler LPA forms are proposed to be available on Wednesday 1st July 2015 from the Office of Public Guardian. The forms can be downloaded from the OPG website. So let us have a look at the differences of the form and how they have changed due to the requests from users and OPGs consultation. The forms: are faster to completeeasier to usedo not require a second certificateOf course other safeguards remain as before, such as the need for independent witnesses and that someone certifies the donors have capacity (which are very important measures to keep in place). Better Support It has been advised that the OPGs new form compliments the existing online form with new step-by-step guidance on each page,…

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Dying Intestate and How It Effects Those Left Behind

Thursday, June 25th, 2015

What does dying intestate mean? There is no record of the deceased having made a Will or at least a Will that is valid. In such an event, the Estate is dealt with under the provisions of the Administration of Estates Act 1925 as subsequently amended. If there is a Will in place - make sure it's valid! If a Will is made, it must comply with the strict requirements of the Provision of Wills Act 1837 amended by the Administration of Justice Act 1982. A Will shall not be valid unless it covers the following criteria: It is in writing and signed by the Testator or by some other person in his or her presence and by his or her direction. It appears that…

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5 Reasons to update or review your Will

Wednesday, June 17th, 2015

It is recommended to update a Will (or have it reviewed) every three years. This is because our lives and circumstances change. Those changes may result in one or more of the 5 reasons you need to record in your Will. 5 Good reasons to update your Will are: Marriage New births in the family Financial gains Spouse has passed away Divorce Marriage First time married? Family planning plays an important part of protection towards your spouse and children. Being a newlywed there are more people to consider if anything were to happen to you. How would they be taken care of financially and otherwise? Do you need to increase or alter the number of beneficiaries of your estate now that you are a family? You may need…

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10 easy Steps to making a Will with QWill

Friday, May 29th, 2015

Step 1. Having entered our Website You will already be aware the following items are covered: Wills and Trusts Power of Attorney Search for a Will Register a Will Document Storage Latest News and Blogs Sign Up for Newsletters Follow our tweets on line Also, view the FAQ's, some of the typical questions listed are: What happens if I haven't made a Will? Will I automatically inherit my partner's estate on death? If there are any additional questions that you would like to ask you're welcome to email or Call (our details are on the Contact Page). Step 2. See our Online Costs The most common prices are £50 for a Single Will and £100 for a Joint Will. We also have our pricing tab on our site for other services…

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Protect your assets (UK and Abroad)

Friday, May 15th, 2015

It's becoming more common for people to have assets outside of England and Wales these days, such as a holiday home or investments. As more people have additional assets that may be outside of England and Wales, it becomes increasingly valuable to be aware of what needs to be done to protect all of your estate for when you die. England and Wales It is important to be aware that Wills prepared in England and Wales are usually only able to deal with assets within these two countries. There is the possibility that immovable property such as a house may not be able to be dealt with in accordance with the provisions in your English and Welsh Will. Domicile This needs to be taken into…

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Leaving a Legacy in your Will

Friday, May 15th, 2015

Are there individual members of the family that you want to leave a gift to or maybe even a charity? There are five main types of a legacy in a Will: A specific legacy is a gift other than money that could include property you own, stocks and shares, life assurance proceeds, personal possessions also known as chattels including jewellery, furniture, books or cars, etc. A pecuniary legacy is a specific gift of money such as £50,000. A residuary legacy is a gift of what is left after all the debts, expenses, taxes and pecuniary or specific legacies have been distributed, a share or percentage of the gift is called a residuary gift. A Charitable legacy is where a gift is left in a Will…

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Dementia Awareness

Friday, May 15th, 2015

According to the Alzheimer's Society, the UK has around 800,000 people with dementia. One in three people over the age of 65 develop the disease and two-thirds of people with dementia are women. People are now living longer so the number of people with dementia is increasing, with estimations in the UK at around 1 million people with dementia by 2021. There is often confusion amongst us as to what dementia actually is as inspite of, most people having heard the word, it is still not entirely clear to everyone. Some of the causes We have recently read an interesting article entitled "about Dementia" (Alzheimers.org.uk 2015) describing a set of symptoms responsible for memory loss. Many of us believe dementia is a…

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10 Weirdest Wills in History

Thursday, May 14th, 2015

1*Napoleon Bonaparte*: In France the Code Napoleon known as being the French legal System has been adjusted and copied and then to be included in probably every legal system in a Civilised Country in the world, in his last will and testament reads" that after his death his head be shaved and the hair be divided between his friends (namely Marshal Ney, Marshal Murat, Marshal Massena, Marshal Bernadot and General La Bédoyère), was ever executed..." 2*Nina Wang*: Wealth beyond wildest dreams being labelled as the richest woman is Asia, Nina had a great heart and a phenomenal amount of her entire estate valued at $12.8 billion USD she gave to her and her husband's charity that they founded in 1988. Which led…

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