Estate and will planning 

Read more about will writing services Bournemouth

Location: Bournemouth, UK

Comments

Post a Comment

Popular posts from this blog

Will Writing Services in Bournemouth

Image
 A Will Writer in Bournemouth is qualified and experienced. They can help you secure your family's future and advise you on family Trusts and Powers of Attorney. In addition to writing a Will, a Bournemouth Will Writer can help you create a trust for your children's education and future. You can also find other professionals who are qualified and experienced, such as solicitors. A professional Will Writer will provide you with peace of mind and a quality service.  What is Will? A will  is a legal document that specifies who should inherit your property. It should name a trustee or executor to carry out your wishes. You can also name someone to manage your estate.  A Bournemouth will writing solicitor can offer advice and assist you with any legal issues. You should also consider whether your insurance policy covers legal advice. However, you should always seek legal counsel before making a will. If you have a family member or friend who is unsure about their intent...
Read more

Family Trust and Asset Protection Trust in Bournemouth and Poole

 Trusts are used to look after assets for the benefit eventual of specific beneficiaries. The person creating the Trust is called the Settlor. A Trust appoints Trustees to manage any assets owned by the Trust in a way set out in the Trust documents, though generally, Trustees may act at their discretion, as long as it is in the best interests of the beneficiaries. There are several advantages to using Trusts: 1. Assets held by Discretionary Trust are protected against reckless beneficiaries e.g. divorce, bankruptcy, etc. 2. Assets owned by the Trust are no longer owned by the Settlor. This has been used in the past to mitigate Inheritance tax though new proposed laws may reduce their effectiveness 3. The Settlor (the person or persons creating the Trust) can lay down rules about how the Trust fund can be used and when. Most commonly only after the death of the Settlor. Trusts are complex documents and there are many factors to consider. We STRONGLY advise seeking professional advic...
Read more

Dying Without a Will | MW Estate Planning

Image
  Dying without a Will I had a call today from a client who unfortunately lost his mother to COVID-19 recently. The problem is he can’t find a  Will  and is pretty sure she never made one. I gave him the address of the National Will Archive but assuming there is no Will she has died INTESTATE. Dying Intestate means dying without a  Will  and can cause all sorts of problems, pain and extra hassle. The heartache from not knowing what the deceased wanted to happen Potential for family disputes about the estate distribution Applying for Probate will take longer Potential disputes over who is best to act as Executor Generally, pain and problems simply because they didn’t make even a standard Will cost around £125. I have two documents that I’m happy to share, just message me and I’ll forward them on Rules of Intestacy Flow Chart Guide to applying for Probate For more information or to arrange a FREE consultation contact Matthew Wildeman STEP Aff. MSWW T: 01202 0...
Read more