It is a common mistake to think that once you have made a Will you don`t need to check its contents regularly.
Over half of all adults currently living in the UK do not have a Will. What does this mean for them in the future?
To illustrate this point we can look at two of the most talented and highly regarded legends in the music industry, Jimi Hendrix and John Lennon.
There are increasing concerns amongst Probate professionals in relation to accessing digital assets when dealing with estate administration. Recent research has discovered problems surrounding property rights to such assets.
How long does Probate take is a common question people ask and in reality, there is no definite answer to this as each and every deceased person`s estate is unique to them.
A recent case of Rainey v Weller illustrates this problem although this particular case predates the current Covid pandemic.
Your Will remains a private document until the Grant of Probate is obtained. Until that point it is only the executors who are entitled to see it.
So, you`ve made your Will and decided who the beneficiaries should be and what gifts or legacies you wish to leave them. How many of you are aware of the all-too-common problems and pitfalls that can occur?
The simple answer is yes and there are currently many self-drafted Wills currently being made. Numerous online sites are encouraging people to download a template and essentially have a go.
The good news is that you can and with as many as 1 in 2 households owning a pet it should be an important consideration when planning your Will.
Many people ask why they should seek professional help to write their Will. A recent legal case highlights some of the pitfalls and what to look out for.
It is definitely worth considering this if you have children under 18 years of age and are drafting your Will.
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