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Ensuring Your Children’s Future: Why a Will is Essential When You Have Minor Dependants

Having children under 18 brings immense joy, but it also comes with a vital responsibility – planning for their well-being in all circumstances. One of the most important steps you can take is creating a Will. Here's why a Will is crucial, particularly when you have...

When and why should I check the Executors named in my Will?

There are a few reasons why you should check the executors on your will regularly: •To make sure they are still willing and able to act. Your executors may have changed their circumstances since you appointed them. For example, they may have moved away, become ill, or...

Statutory Legacy sum is set to be raised later this month

The Statutory Legacy sum is set to be raised from £270,000 to £322,000 later this month in the UK. The increase, which will come into effect on July 26, 2023, is being made in accordance with the Administration of Estates Act 1925 (Fixed Net Sum) Order 2020. This...

Protecting your digital assets in your Will

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...

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....

Thought of the week: Do I need a Will?

Do I need a 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.Making a Will ensures that your wishes are...

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