It is an unfortunate side effect of the rise of technology, and the state of the economy...
Bona vacantia literally translates as ‘ownerless goods’ from the Latin. Estates that are left...
Inheritance Tax applies to everything, doesn't it? Well, not quite. There are some estates – known...
It seems that old wills being made available to the public is the latest idea to interest people...
It has been estimated that as many as one in five wills contains a mistake. That’s a massive...
Wills have legal implications, but when it comes to the Muslim faith and Sharia Law, then wills...
Most wills will never again see the light of day once probate has been issued and the...
Probate is usually a smooth process, providing there are no issues with the deceased person’s will...
Statistics have been revealed which show that a considerable percentage of the population is still choosing to leave their loved ones unprotected by not preparing a Will.
A shocking case was highlighted recently, giving details of an NHS bereavement advisor, who robbed a number of relatives and charitable organisations of thousands of pounds which were left to them in Wills.
It may be that your property was held under “joint tenancy”, meaning that your partner prepared a Will which indicated that it would automatically pass to you in the event of their death. Alternatively, you may have simply been named as the beneficiary of the property in a Will, or perhaps the property was owned as a “tenancy in common”, in which case you may again have been named as the beneficiary in the deceased’s Will or have been nominated as such in accordance with the laws of intestacy, if no Will was prepared.
What is the definition of probate? Well, we all know that when we die, what we leave behind in the form of property, money or other assets (known as our “Estate”), must be distributed according to our wishes – a process known as “probate”.
Recent research carried out by Sun Life Direct has discovered that around one in ten people have difficulty meeting the costs associated with the funeral of a loved one, with many seeking external funding to help.
There are five main types of bequests which you may see contained within a Will:
When preparing a Will, there may be a handful of legal terms included, with which you are not familiar. Your Will writer should, as a matter of practice, explain each one fully in turn, before reading your prepared Will back to you, breaking each declaration down and explaining it in plain English, so that you can be satisfied it represents your true wishes.
Your
Our Ultimate Probate Guide is the perfect companion for when you are in the process of dealing with Probate.
We understand it can be a confusing and difficult process, and one most will need to deal with after the passing of a loved one. This guide instructs and advisors every step of the way.
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