Being an executor is an important and sometimes demanding responsibility, so it
is vital you choose yours with care.
It is often a good idea to talk to anyone you’re thinking of appointing before
you write your will to make sure they have a fair understanding of what will be
expected of them and they are happy to take on this role. If they are not
willing, they will have the right to refuse the responsibility when the time
comes, so it makes sense to get their permission in advance.
Who can be
Out of all the decisions you’ll need to make whilst writing your will, choosing
who will look after your children if you and their other parent were to die, is
possibly one of the hardest decisions you will have to make. Whilst it might be
an upsetting prospect, it’s an important decision and one you’ll most certainly
want to get right. So, who should you choose?
Choosing the right guardians
Most people choose a brother, sister or close friend to be guardians, but does
being a good friend or y
Yes, you can leave your estate to whoever you choose. Children tend to be a
popular choice and they can still inherit, even if they are under 18.
Where a child is under 18 their inheritance will be held in a trust for them
until they are 18. When you make your will you appoint the trustees to oversee
Until the child reaches 18, the trustees are able to use the inheritance and any
income from investing it for the benefit of the child.
You can read more about trustees in our t
If you have children under 18, have you ever considered what would happen to
them if you were to die? Who would look after them?
For many people, appointing people to look after their children if they die is
one of the most important functions of a will. These people – guardians – will
have “parental responsibility” for the children. A person with parental
responsibility is entitled to take decisions on behalf of a child for example
about education, medical treatment and where 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
register it for free with The National Will Register
[https://www.nationalwillregister.co.uk/aboutwillregistration.aspx] using code
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.
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 »