In his mini-budget on Wednesday George Osborne confirmed that a couple would be
able to leave a home worth up to £1million to their children without incurring
any inheritance tax.
From 2017 a new transferable £175,000 allowance will be introduced for homes
being left to children or grandchildren to run alongside the existing £325,000.
He said “ the wish to pass something onto your children is a basic, human and
natural aspiration”
With this in mind then you would think that the majority of peo
“We must get the Will sorted” is a conversation couples have every few years. It
is often prompted by some family event or change in circumstance and may be
greeted by one of the parties with an unenthusiastic sigh, after all it all
sounds a bit of a chore.
What we have found at Affio is that far from being a chore it actually becomes a
very positive emotional experience. Think about it like this, you are spending
time really thinking about the life you have built and the things you have now
th
When creating a will to document the division of an estate or assets, the
tendency can be to look for a will writing service that is located close by.
Historically the large majority of people have visited their town center or
high street and prepared their will with a local solicitor.
In fact, the term ‘will writing services near me’ scores very high for the
number of searches in Google’s engine.
This demonstrates that for those looking to write their will there is a common
thread of seekin Read More »
You have until June 4th to write your Will
[https://www.affio.co.uk/why-should-i-use-an-online-will-writing-service] and
register it for free with The National Will Register
[https://www.nationalwillregister.co.uk/aboutwillregistration.aspx] using code
FreeWillReg2021.
The National Will Register is a trusted partner of the Law Society of England
and Wales. The register is used by individuals, families, organizations,
government agencies and law firms to register their will. There are over 8
mi Read More »
There is a lot of talk around the importance of writing a will to ensure that
your money, property, and other assets are bequeathed to the family members or
children that you wish to nominate as beneficiaries of your estate.
However, did you know that there are certain types of financial assets and
property that you should not or cannot include in your will?
These types of assets are usually jointly owned or contain some sort of
instruction that dictates what happens to the property should you Read More »
If you have recently been considering making a will then you may have stumbled
across one of the many online will writing services.
While this may look like a fast, efficient way to prepare your last will and
testament, it may have left you with some unanswered questions.
Here we will take a look at the positives and negatives of using an online
service for your will preparation.
Pros
Convenient
Preparing a will online saves a trip to the solicitors office and means that you
can write your Read More »
If you have documented your wishes that are to be carried out after your death
in the form of a will, you will need to review it periodically.
Having your estate and finances distributed to people of your choosing can be
handled legally by way of a will. However if your circumstances change you may
want to alter things like beneficiaries or change assets that are bequeathed to
a specific person.
Life brings about many changes and there are a number of instances where you may
need to amend your Read More »
