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What happens to my Will if I get divorced?

Under current legislation in England and Wales, divorce does not revoke your Will. Once the divorce or civil partnership dissolution is finalised, your Will remains valid, but your ex-spouse is treated as having died during your lifetime.

What changes are being made to APR and BPR?

What is Agricultural Property Relief (APR)? APR is a type of IHT relief which reduces the amount of tax that farmers and landowners must pay when farmland is passed down to their next generation. What is Business

What happens if a beneficiary cannot be found?

When someone dies, their estate must be distributed to the relevant beneficiaries. This will either be the beneficiaries named in a valid Will, or, if not, on the application of the Rules of Intestacy. The Personal Representatives (PRs)

Can I give my house to my children before I die?

There are various points to consider before gifting your property to someone else, including but not limited to: deliberate deprivation, gift with a reservation of benefit and potentially exempt transfers. What is Deliberate Deprivation of Assets? This

How do I include my step-children in my Will?

When writing a Will, the term ‘my child’ or ‘my children’ does not automatically include step-children, it only includes biological children and formally adopted children of the person making the Will. If you wish to include step-children,

What is Mental Capacity?

Mental Capacity is the ability to make and communicate a particular decision. You must understand the decision you need to make, why you need to make it and the likely outcome of the decision. At any time

What Is a Letter of Wishes?

A Letter of Wishes is a document that can be used to guide your Executors and Trustees when managing your estate after your death. A Letters of Wishes is generally used in two circumstances: Alongside your Will

What is a Legacy Contact?

A Legacy Contact is a person you can choose to access your accounts (e.g. Apple, Instagram or Facebook) after your death. This gives the nominated person access to certain elements of your account and allows them to

What is a Grant of Representation?

When someone dies, in order to access assets held with financial institutions, sell assets, and even pay any debts that the deceased held on their death, a legal document known as a Grant of Representation is required.

Can I Leave Gifts to Minors in My Will?

People often want to leave money or gifts in their Will to children or grandchildren. There are different ways in which you can do this, and it is important to consider how you want to leave your

Can I Leave Cryptocurrency In My Will?

Cryptocurrency is becoming more and more common in the investment market with at least 4.2 million people in the UK currently owning it in some form or another. You may choose to leave your digital assets to