Wills and inheritance
Making sure the paperwork is in place
Are you prepared for the probate process?
Families and friends can face daunting challenges during the probate process, according to research recently carried out by The Estate Registry. While we might expect that there are well-oiled systems to help us through the probate system, this is generally not the case. Those seeking probate today are likely to be challenged by issues such […]
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How to Make Inheritance Easier for Your Family
Collaborative Post Talking about inheritance isn’t easy because it’s really one of those subjects that people tend to put off for someday in the future, but when the time finally comes, not having a plan can make everything much harder for the people left behind. Inheritance can be complicated even in straightforward circumstances, and when […]
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What you need to know about banks and power of attorney and executorship
Having been through the process of trying to work with banks, building societies and other financial institutions as attorneys on behalf of others and executors of wills, our practical experience here at When They Get Older is that this is an unnecessarily difficult process just at a time when you need to move quickly and […]
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How Expert Support Ensures Your Will Reflects Your Wishes and Secures Your Family’s Future
Collaborative Post Creating a will is an essential step in safeguarding your family’s future and ensuring that your wishes are honoured after your passing. The process of drafting a will, however, can be fraught with complexities, which is why enlisting expert assistance is crucial. Professional guidance helps you navigate the legal intricacies, guaranteeing that your […]
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Tax Implications of Wills and Trusts in Scotland
Collaborative Post An efficient estate plan is a means to make sure that your assets are distributed in the way you want. It also ensures your assets are subject to the minimum amount of taxation. Protecting your wealth for generations to come means understanding the financial implications of wills and trusts. In this guide, we […]
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Legacies and wishes – common choices in wills today
If you’re planning to write a will, you may find it useful to know what other people have been deciding for their own planning purposes. Will Suite, a provider of software that helps professionals create legal documents, has analysed over 200,000 wills in England and Wales, to produce a report highlighting today’s trends. Who is […]
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Practical considerations for writing your will
It’s absolutely something we need to do long before anyone has any need of it. An up-to-date, easy-to-understand will can save your executors from a great deal of anxiety and effort. But our experience suggests that are a few things to think about carefully before signing off. Can you do-it-yourself or do you need professional […]
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Key Tips and Guidance for Helping Your Older Relatives Write a Will
Collaborative Post Talking about death is never an easy thing to do. It is an uncomfortable truth and one with which many of us never make proper peace. Unfortunately, though, there is a lot of administration that comes with the advent of one’s death – an administration that is best organised as soon as possible. […]
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11 Tips to Help Seniors Avoid Probate
Collaborative Post Before you get knee-deep into legal procedures, it is essential to be familiar with the legal terms. Following a person’s passing in the US, a specialised court governs the distribution of the deceased’s property through a legal procedure called probate. Usually, the court appoints a person to settle the debts and the remaining […]
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What happens to loyalty scheme points when someone dies?
It’s one of those things we wouldn’t think about when making a Will, but what happens to our loyalty programme points when we die? It’s worth a few minutes to understand the rules surrounding end of life for us and those for whom we act as executors. Below are summaries of the applicable Ts&Cs of […]
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