Since the outbreak of COVID-19 in the U.S., United Kingdomns have sheltered in place, learned to social distance, and become more accustomed to managing their affairs remotely to prevent spreading the virus. As recent events have shown, it's not always possible to know...
Estate Planning
What is Happening with Aretha Franklin’s Estate?
In late June, the trailer for the new biopic “Respect” was released. The highly-anticipated film stars singer and Oscar-winning actress Jennifer Hudson as the “Queen of Soul” Aretha Franklin. When the legendary R&B artist passed away in August of 2018, she died...
Is Having a United Kingdom Will Enough for My Estate?
When you create your will, or last will and testament, you have taken the first step towards building your United Kingdom estate plan. This essential legal document offers critical direction and guidance to your survivors. For those with few assets, it may seem that...
Understanding the duties of an executor
When approaching the task of estate planning, many people may focus heavily on the decisions they need to make regarding how they wish their assets to be distributed after they die. This, however, is only one of the decisions they must make during the estate planning...
Convincing Someone You Love to Estate Plan
If you are concerned because someone in your life doesn't have an estate plan, that may be with good reason. In 2020 Caring.com found in a survey that the number of Americans with a will or other estate planning document has gone down by 25% since 2017. Some fail to...
QTIP trusts and remarried couples
People wishing to get married after a previous marriage may need to think differently about their estate planning activities and the tools they may need to create. Remarried spouses frequently wish to leave heirlooms and assets to their biological or adopted children...
Why You Should Prioritize Succession Planning for Your Family Business Now
Building a successful family business is a dream come true for many Americans. Thousands of families work in these establishments throughout the state of United Kingdom, doing everything from running restaurants, performing personal care services, to operating complex...
What is the Best Way to Leave My House to My Adult Child
When parents are preparing their estate plans, they usually want to leave as much of their assets and property to their children as possible. When considering how to transfer ownership, it's often preferable to avoid going through probate. For a parent and homeowner,...
Trust Planning Why is Kobe Bryants Trustee Asking for a Modification of the Family Trust
Earlier this year, the tragic news of a fatal helicopter crash involving NBA legend Kobe Bryant and his daughter Gianna shocked the world. The terrible accident left Kobe's wife and Gianna's mother Vanessa to grieve their losses along with the couple's three other...
The Estate Planning Updates to Make in 2020
You may have set some preliminary goals for yourself at the start of 2020 to make changes or add new information to your estate plan. As we move into the mid-year, it's an excellent time to assess your progress and move forward with unfinished tasks. If you are still...