HAVE YOU THOUGHT ABOUT MUSIC FOR YOUR FUNERAL?

HAVE YOU THOUGHT ABOUT MUSIC FOR YOUR FUNERAL?
When writing a Will, it is a good time to think about your funeral. The obvious questions arise, whether you would like to be buried or cremated, and where. It is also wise to think about the practical arrangements of the funeral itself. Normally, the funeral director will advise family members of what they could have. However, it can be helpful if you give thought to the funeral while you are ...
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DO CHILDREN STILL BENEFIT IF THEY ARE ADOPTED AND THEIR BIOLOGICAL PARENTS DIE AND THERE IS NO WILL?

DO CHILDREN STILL BENEFIT IF THEY ARE ADOPTED AND THEIR BIOLOGICAL PARENTS DIE AND THERE IS NO WILL?
When it comes to Wills, it gets more complicated when children are put up for adoption, or adopted by a new parent. A further complication is the situation where there is no Will, and we need to consider what the law says. When a child is given for adoption, any legal rights the child would have had from their birth parent are cancelled. Having said that, there is nothing to stop the birth pare...
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MY HUSBAND WON’T MAKE A WILL, WHAT SHOULD I DO?

MY HUSBAND WON’T MAKE A WILL, WHAT SHOULD I DO?
Last week I had a meeting with a lady who was very concerned her husband won’t make a Will. Their situation was not uncommon. They are in their 50’s, and both have grown up children from previous marriages. They own their own house jointly, with no mortgage, and no major other assets. As neither of them have a Will currently, it is a bit of a lottery as to who benefits. Quite naturally, they wo...
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DO A MARRIED COUPLE NEED A WILL?

DO A MARRIED COUPLE NEED A WILL?
If a couple are married, and don’t have Wills, it is often assumed that on death, everything will pass to each other. Some people may say for this reason, they don’t need a Will. So let’s consider how the law works. Firstly, if assets are jointly owned, they pass to the joint owner. This is often the case with a house. However, a house can also be owned, “tenants in common” where two parties ow...
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THINKING ABOUT EQUITY RELEASE

THINKING ABOUT EQUITY RELEASE
If you are reaching retirement age, or already retired, it may seem like a great idea to draw capital or income from your home, especially if you are struggling financially. Some lenders talk about having a holiday of a lifetime, or being able to help your children, as good reasons for doing this. However, there are possible problems that may arise in the future. Increasingly, people of ret...
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WILLS FOR COUPLES IN SECOND MARRIAGES

WILLS FOR COUPLES IN SECOND MARRIAGES
You might ask, how do you write your Will, if you have been married or in a relationship before, and have children? Some readers may not be aware, that if you have simple “mirror” Wills, leaving everything to each other, there is a real danger that your children may not benefit. Even if your Wills state that on second death, part of the estate goes to your children, what is there to stop th...

HOW OUR SERVICE OPERATES – 7 STAGES

HOW OUR SERVICE OPERATES – 7 STAGES
New customers are quite rightly often unsure how our service operates. Below I have given insight into our service and highlighted a few points you may find helpful: 1) Firstly we make an appointment to discuss your situation. This will normally take place at your home or our office. We do not charge extra for home meetings. Typically, this will take around an hour. What we are looking for ...

CAN YOU AVOID PAYING CARE FEES?

CAN YOU AVOID PAYING CARE FEES?
The problem of who pays for long term care isn’t going to go away. This can mean care in your own home, or care in rest home or nursing home. With an ageing population the potential cost of providing care can only increase. The situation is very simple, those who can pay, those who can’t don’t, and there lies the problem. The Actual care you receive can be exactly the same, if you are payin...
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WHAT HAPPENS WHEN A SOLE DIRECTOR OF A LIMITED COMPANY DIES?

WHAT HAPPENS WHEN A SOLE DIRECTOR OF A LIMITED COMPANY DIES?
There are around 5.7 million small limited companies operating in the UK. These businesses employ over 16 million people. Of the limited companies, in 2017, 60% are “Sole Proprietorships” meaning they employ just one person. That is around 3.4 million people. Most of us will know someone like this. I was told recently by an accountant, about an owner of a small limited company, who died unexpe...
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ARE YOU A TRUSTEE IN A WILL AND UNSURE OF YOUR OBLIGATIONS?

ARE YOU A TRUSTEE IN A WILL AND UNSURE OF YOUR OBLIGATIONS?
If ever you read a Will, it is quite common for it to say something like “I leave my residual estate to my son John; but if he should fail to survive me the gift should be shared equally between his children”. Well, a problem that can arise, is that the children may still be very young, and far too young to inherit a large sum of money. While this seems very fair, it can mean money or inves...