A survivorship destination is a special destination but how might it affect your estate?
When two or more people buy a house, the title will be structured so that it is held jointly. Most titles are held equally between two owners of a property but more than two people can easily hold the title. The key factor is that the property is jointly owned. What...
Legal Rights – the automatic entitlement to share in the estate
The spouse or civil partner and children have a right to share in the estate of someone who has died. No formal action need be taken by them. It is a right they simply enjoy. The executor must make provision for Legal Rights when administering the estate. What are...
Are there any special rules about signing a Will in Scotland?
For almost thirty years, there have been special rules about signing a Will in Scotland. In 1995, The Requirements of Writing (Scotland) Act, (the 1995 Act). Before this act came into effect, the rules surrounding signing a Will were not entirely clear. What are the...
Estate Planning: Secure Your Legacy and Minimise Inheritance Tax
When it comes to estate planning, you want to ensure that your hard-earned assets are passed on to your loved ones and not unnecessarily shared with HMRC. With the Inheritance Tax threshold frozen until at least 2027, it’s crucial to take proactive steps to...
Make a Will: Why Updating Your Will After Divorce is Essential
Divorce is a significant life event that can have a profound impact on various aspects of your life. These include your financial and legal affairs. One crucial area that often gets overlooked during the divorce process is updating your Will. Many people fail to...
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