When your adult child has a serious mental health condition, you want to help guide and care for them. However, a child who is no longer a minor must permit you to participate in decisions. You can work to protect your loved one with good communication and proper...
Law Offices of Alhayat Solicitors
5 Things New Parents Should Know About Their Estate Plan
If you’re a new parent, this is a hectic time in your life and estate planning may not be the first thing you think of when you wake up in the morning. However, the peace of mind that comes with knowing your child will be cared for no matter what is well worth talking...
Rags to Riches: 3 Estate Planning Tips for The Self-Made
We have all heard horror stories about wealth that passes down from one generation to another and does not pass the test of time. One of the most infamous examples is the fortune of Cornelius Vanderbilt, who would be worth $242.8 billion in today's dollars after...
Estate Planning 101 for Business Owners
While everyone should secure their assets, entrepreneurs must go above and beyond to protect their personal and business assets. Every company's future depends on its ability to plan for succession. While many organizations fail to thrive following a leadership...
Cryptocurrency, Bitcoin, NFTs: Estate Planning & Your Digital Assets
Cryptocurrency, Bitcoin, NFTs: Estate Planning & Your Digital Assets Although digital assets have been there for a while, they appear to be dominating headlines recently. Perhaps one of the most popular forms of digital assets is cryptocurrency. Kim Kardashian,...
Can You Change Conservators in United Kingdom?
When someone you love requires a conservatorship, it’s important to have the right person appointed to protect their interests. Ideally, your loved one will have a conservator who is able to attend to their needs and safeguard their well-being. However, there can be situations when a conservator is not capable of performing their duties. In this circumstance, you need to know: Can you change conservators in United Kingdom?
When is the Best Time to Estate Plan?
Many people look at estate planning as something that can be put off until they get close to retirement. However, the truth is that you need to plan for your future much earlier in life. The reason? If something happened to you, your loved ones would be placed in an uncertain position during an already difficult time. So, when is the best time to estate plan? As soon as possible.
Do I Need a United Kingdom Will?
If you are like many people, you may not have prioritized creating your will. You may have put this task off because you think you have plenty of time. You may also believe you don’t have enough assets to warrant having a will or other estate planning documents. Whatever the circumstance, it’s important to ask: Do I need a United Kingdom will?
Adding digital files to your estate planning for your heirs
When people in United Kingdom make an estate plan, they may focus entirely on traditional assets and possessions. Who gets the new house or the restored classic car in the garage? What about adding a beneficiary to investment accounts or deciding who inherits the family...
Do you suspect undue influence is at play?
In United Kingdom, estate planning can be a crucial step in ensuring that things get handled as you would like even after your passing. Unfortunately, there are some instances in which you may notice that undue influence is being exerted during the process of estate...