Digital assets are a growing part of our lives, and it is important to consider them when making a Will. Here are some tips for dealing with digital assets in a Will : • Identify your digital assets. Make a list of all of your digital assets, including your email...
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WHAT IS INHERITANCE TAX? WILL MY FAMILY HAVE TO PAY?
Taxes have been in the news a lot lately. However, unlike Income Tax, Inheritance Tax (IHT) and the associated limits are not often adjusted. This is not necessarily a good thing. Inheritance Tax is a charge on the value of the estate of a person who has passed away....
Futurity Wills and Estate celebrates first birthday
It has been a whirlwind of a year - Futurity has taken off under the helm of Hayley Beeching who has provided assistance with Estate distribution and helped a multitude of individuals with their future planning needs. We have supported local events and additionally...
PROBATE REGISTRY CHANGES JANUARY 2022, WHAT DO THEY MEAN FOR ME?
The Probate Registry and Inheritance Tax reporting system has undergone a number of changes in England over the last few years. There are some more changes that have been made in early 2022 to be aware of. Changes to fees There has been much controversy and debate in...
Give the gift of peace of mind this Christmas
You've ordered the turkey and the wrapping paper, but have you got your affairs in order? Have you made a Will? Or a Lasting Power of Attorney? These are probably the most important documents that you can put in place for the future for you and your family. Knowing...
What is a Lasting Power of Attorney? Why is it important?
What is an LPA? A Lasting Power of Attorney (LPA) is a legal document that allows you (the Donor) to choose a person or people (the Attorneys) that you trust to make decisions on your behalf. This could either be because you want help making decisions, or you want to...
Do I need Probate?
‘Probate’ is the part of the process when someone dies which involves applying to the court (Probate Registry) for permission to deal with someone’s estate. If the Probate Registry grants permission, then they will issue a grant. Any inheritance due in order to get...
Futurity Wills and Estates – Sponsoring Age Concern Hampshire’s Remember a Charity Week
When we make our wills, we naturally want to make sure our loved ones are cared for. But through your will you can also leave something special to the many older people in Hampshire who have no one to turn to when times get tough. Leaving a legacy to Age Concern...
What is Probate?
What is probate? The term probate can be confusing, as it is often used to describe different things.The term ‘probate’ is frequently used to describe the process of winding up someone’s estate (money, property and possessions) when they pass away – also known as...
What happens if I don’t have a Will?
What happens if there is no Will? None of us like to think about death and dying, yet a Will is one of the most important things that you should have in place. Despite this fact, over half of UK adults (probably even more) do not have a Will. So, what happens if you...
Paws for a second – Have you ensured your pets are in your Will?
A total of 3.2 million households in the UK have acquired a pet since the start of the pandemic, which means that there are now 17 million pet-owning homes in the United Kingdom. The question is - have these pet parents made plans for their four legged friends'...
STEP Qualified – what does this mean and why is it important?
The Society of Trust and Estate Practitioners (STEP) is the professional body who promotes high professional standards and education for all of its members Becoming a Full STEP Member is a benchmark many solicitors strive for: it is the top professional qualification...
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