What is an Executor? An Executor is someone who is legally responsible for carrying out the instructions in your Will and handling your estate. Your estate is everything you own upon your death – this includes money, investments, property and...
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...
What is a Business Lasting Power of Attorney (LPA)? A Business LPA is a legal document that allows you to authorise a chosen individual (an Attorney) to make decisions concerning your business interests if you are unavailable or if you no longer have...
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 you may be able to make decisions about some things...
What is a Certificate Provider? A Certificate Provider is a person the Donor chooses to complete the Certificate in a Lasting Power of Attorney (LPA) form. You can read more about the different types of Lasting Power of Attorneys (Property & Financial...
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 – this would...
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 make decisions as to what steps they take...
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. What are the types of Grant of...
What is a Guardian appointed by my Will? If you die leaving children under the age of 18, you can make provision in your Will for who you would like to look after your children if there is no one else with Parental Responsibility. They would then be...
What is Intestacy? Intestacy is where someone dies without a Will, or without a valid Will. The Rules of Intestacy means that a deceased person’s estate will be distributed in accordance with these rules, and this may mean that the estate is not...
What is a Lasting Power of Attorney? There are two different types of Lasting Power of Attorneys (LPAs): Property & Financial Affairs and Health & Welfare. Each of these documents allow you to appoint Attorneys to deal with and manage your...
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 money when making a Will. Here, at Johnson Astills , we...
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 your family members or someone you trust, or,...