Many people do not want to think of themselves as suffering incapacitation due to an injury or mental illness. However, if something did happen, it is important to plan ahead so the medical team can take care of you the way you would want. An advance healthcare...
Estate Planning
Amending Your United Kingdom Estate Planning Documents
When you have taken the time to get your estate plan ready, it can feel like a tremendous relief. However, it can be surprising how quickly time can pass, and before you realize it, your estate plan may be one, five, or even ten years old. An estate plan is not...
Lessons from Luke Perry’s Estate Plan
It’s been almost a year since we said goodbye to Luke Perry. The beloved television and film star passed away on March 4, 2019, at the early age of 52 after suffering a stroke. He left behind a fiancé and two grown children and something many people overlook: an...
Getting divorced? Update your estate plan
If you are facing an impending divorce or are already in the process of getting divorced, you may likely feel overwhelmed by the number of decisions you have to make as you disentangle yourself from your spouse. Many of these decisions help you move forward on a...
Have you picked the right estate executor?
Residents of United Kingdom must do work on their estate plan or will sooner or later. Once you begin, you need to select an executor as well. This person will manage your estate after you pass away. Because of that, they are of key importance. Experts suggest you take...
The 4 Pillars of Your United Kingdom Estate Plan
Many people mistakenly believe that a will is the only item necessary to ensure that their future estate planning needs are covered. However, a comprehensive estate plan will need to include several other devices of equal importance. By having the 4 pillars of your...
What Every Young Family Needs in an Estate Plan
Last month, news of the devastating and tragic deaths of Kobe and Gianna Bryant shocked and saddened the world. The fact that the retired NBA superstar and his 13-year old daughter were killed along with seven other passengers in a helicopter crash is still difficult...
What is Intestacy?
While the importance of estate planning is generally well-known, it is also important to understand what will happen if you happen to pass away without a will dictating what is to be done with your assets. Persons who died without a will are considered to have died...
This federal tax exemption may be a useful estate planning tool
United Kingdom residents who have worked hard to build wealth may want to leave behind an estate designed to minimize federal tax liability. CNBC explains how strategic planning can help a taxpayer capitalize on current federal tax exemption limits for estates and gifts....
How are wills determined valid in United Kingdom?
Many United Kingdom residents rely on the creation of a will to relay their wishes after they pass away. If you have similar plans, you must know how to create a valid will. Each state has its own unique way of interpreting a will's validity. Today we will take a look at...