By Kathryn Caple I have had a number of enquiries recently about transferring a property…
wills and probate solicitors
We’re revisiting an article from a while back that has become relevant again as more people look to get their affairs in order during COVID.
In this article we look at the self care that comes from having one’s personal finances in order, especially in the case of wills and probate.
This article highlight some of the main difficulties we have seen come to light in homemade, or online Wills.
If you were to pass away suddenly, what would happen to your four legged friends? Whilst this is something that no parent wishes to consider the correct preparation can spare your family a lot of time, heartache and expense.
Proposals from the Ministry of Justice would see the introduction of a flat rate fee of £273 for applying for a grant of probate. Although this would be applied to practitioners and members of the public regardless of the size of estate, allowances are made of estates of less than £5000, which would not be charged.
Warning – if you are hoping this is a juicy tale of battling beneficiaries or a feuding family, you may be disappointed! However if you are looking for a poorly drafted will leading to some extensive family tree investigation, then read on! This is a cautionary tale of the perils of not keeping your Will reviewed and updated. How things can go wrong even if there is no dispute. The facts are those of a real estate I am currently dealing with, but anonymised.
A recent change in the law, spotted by one of our Wills and Probate Solicitors in Today’s Wills and Probate, has outlined new compliance standards for those in the Funeral Plans sector. The move, which will see new regimes set in place by the Financial Conduct Authority, will change the way funeral planners market themselves, set out plans with customers and outlaw the use of commission.
If you were to pass away suddenly, what would happen to your young children? Whilst this is something that no parent wishes to consider the correct preparation can spare your family a lot of time, heartache and expense.
In the first article in our Will Wednesday series, we look at the self care that comes from having one’s personal finances in order, especially in the case of wills and probate.