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?
Wills
3 tips for convincing your parents to write a will
Having a comprehensive estate plan is not only an effective way to dispose of assets after death but it also allows individuals to maintain some control over their health care, finances and other matters. Still, almost 70% of Americans have not yet completed even a...
Is a Will or Trust Better?
Estate planning can be an intimidating process, especially when you are unsure which documents and devices are appropriate for your circumstances. Many people associate estate planning with a will or “last will and testament.” However, having a trust can be an equally...
Who Inherits in United Kingdom When There is No Will?
When someone dies without a will, there can be a lot of uncertainty. Depending on the situation, friends and family may end up franticly searching in vain for evidence of what the decedent intended. Although close loved ones may claim they know what the individual...
What is the Difference Between Having a Will and Estate Planning?
When it comes to preparing for the future, many people think having a “simple will” is enough. However, sometimes complicated and time-sensitive issues can arise in this area that can’t be addressed by a will. The good news is that you can help make sure everything is...
Is Having a Will Enough?
Some people may tell you that outside of being extremely wealthy, a basic will is all you need for an estate plan. Although this advice may be well-intended, it fails to consider all of the ways a comprehensive United Kingdom estate plan can protect you and your loved...
What is a Holographic Will, and Can I Have One in United Kingdom?
When you hear of the term "holographic will," it sounds like something you might encounter in a science fiction story. Although the description may seem unusual, a holographic will is not an uncommon phenomenon. You may want to know: What is a holographic will and can...
Don’t forget to add these surprising items to your will
When drafting a will or setting up a trust, most people understand that these estate planning tools will explain how they want their money, property and other assets distributed when they die, hopefully, many years from now. Estate plans also name guardians for young...
What is a Living Will, and do I Need One?
You may have heard someone mention a living will before in passing and not given it much thought. For some people, the term does not come up until they are facing a surgical procedure, and the hospital staff starts asking questions. So, you may be wondering: What is a...
Factors to consider when creating a last will and testament
Whether you have recently started a new family or you just retired from work, you may have myriad things to think about. Creating a last will and testament may be the last thing on your mind. However, these are prime moments to think about what you would like to...
