Ian Gosling

Is property that I own overseas covered by my will?

by | | Help: Legal, My Assets, Knowledge Base |

With Affio, you can specify that you want your will to cover your assets in the UK, or your assets throughout the world. If your assets are situated outside of England and Wales, or if you are domiciled outside England and Wales, then the applicable law where the assets are situated, or the the law of your domicile may affect the way your will operates. If you’re concerned about this, you may want to consider getting legal advice or making a second will in the country where you own the prope

What happens to my estate if I die without a Will?

by | | Knowledge Base, The Basics |

If you die without a valid Will the state will dictate how your money, property and possessions are distributed. It does this by applying a set of rules – the intestacy rules – which don’t always reflect modern family arrangements and may mean your estate is not being distributed as you would have wanted. In particular, unmarried partners are not recognised by the intestacy rules. The intestacy rules refer to the deceased’s “issue” – that is all his or her direct descendants including adopted a

What is meant by my 'estate'?

by | | Knowledge Base, Glossary |

In basic terms your estate is everything you own, less anything you owe. So that’s your property, money, investments, vehicles and possessions, less your debts for example: money owed on loans, mortgages or to the tax man. Most of the things you own can be dealt with in your will, the main exceptions are: * Money held in joint accounts – which will automatically go to the other account holder. * Property which is owned on a joint tenant basis – where your share of the property will go

Where should I store my will?

by | | Knowledge Base, What Happens Next |

The best answer to this question is somewhere it can be found! After all what’s the use of having a perfectly drafted and legally valid will if it is hidden away or locked in a fireproof safe and no one has the combination? Legally you can store your will anywhere you like – the most important thing is that your executors know where it is and can be accessed as soon as possible when you die. You could consider using the services of certainty.co.uk – The National Will Register, who for a fee, a

Making my will with Affio

by | | Help |

See also: What will be covered by my will? [/what-will-be-covered-by-my-will/] Appointing Executors [/appointing-executors/] Appointing Guardians [/appointing-guardians/] What happens if an appointment fails? [/what-happens-if-an-appointment-fails/] What happens if a gift fails? [/what-happens-if-a-gift-fails/] Making changes to my will [/making-changes-to-my-will/] I’ve downloaded my will, what do I do next? [/ive-downloaded-my-will-what-do-i-do-next/]