Many United Kingdom residents who have thought about their loved ones and want to protect their future may have established a will years ago. However, in some situations, individuals may leave unintentional beneficiaries such as ex-spouses because they have neglected to...
Law Offices of Alhayat Solicitors
Do you need a living trust?
The phrase “estate planning” conjures up images of old guys in smoking jackets and their trophy wives figuring out who will get to inherit their palatial mansion when they die. But, if you’ve been paying attention, you should already know that having...
Widow of Mickey Rooney challenges his will in United Kingdom
Many United Kingdomns make the mistake of thinking that their estate is too small to need a will. But officially naming beneficiaries, regardless of the size of the estate, is a critical step in ensuring your wishes are carried out after your death. If not, the situation...
How does estate planning differ for women?
Many baby boomers have now reached retirement age and are starting to give serious thought to the legacy they will leave behind. They’ve worked hard their entire lives and many have sacrificed enormously to have something to leave behind for the next generation...
What should United Kingdomns be doing for National Elder Law Month?
The National Academy of Elder Law Attorneys, a group dedicated to helping people find guidance on issues that affect seniors, has named May National Elder Law Month.United Kingdomns, like all Americans, should be making sure they have a plan for their estate...
Inheritances: deciding who gets what can be a challenge
There was a time when deciding who would receive your worldly possessions was a relatively simple task. More often than not, the eldest son would be the heir to the family fortune and the story would end there. Those days have long passed, though and the topic of...
Do United Kingdomns procrastinate end-of-life planning?
Making end-of-life decisions can be a tough task to face. You may not want to think about your own passing, but you’ve worked hard to build a legacy to protect your family’s financial future and you don’t want to squander it now by not having an...
Estate tax minimization still an important goal in estate planning
Historically, estate tax minimization is an important aspect of estate planning. Not that it isn’t still important nowadays, but as many of our readers know, the federal estate tax exemption is at an historic high of $5.34 million. That means that many Americans...
Late actor’s family fights over his remains
American film actor and entertainer Mickey Rooney, as our readers may know, died on Sunday at the age of 93, leaving behind quite an impressive career but not a whole lot to show for it financially speaking. On Tuesday, it was revealed that the extent of the actor's...
Reduce inheritance disputes by good communication
When Whitney Houston died a couple years ago, it was predicted by estate planning professionals that her will would be the source of strife in her family. That is because the will contained a provision that put a significant amount of money in trust for her daughter...