Understanding Probate: A Guide for Our Clients

Beacon Advice consultant assisting a grieving couple in their late 50s with probate paperwork in a cosy home, featuring a framed picture of the deceased parent.

Understanding the Probate Process in England At Beacon Advice, we are pleased to announce our new partnership with a national probate firm. This collaboration allows us to extend our services to include comprehensive probate assistance. In our experience, many people find themselves as executors of a deceased person’s estate with little or no understanding of…

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The Importance of Updating Your Will

An older couple sitting on a sofa, reviewing their will with a lady estate planning consultant dressed in a skirt and jacket, seated in a chair across from them in a cozy living room.

The Importance of Updating Your Will Imagine this: you’ve worked hard all your life, building a legacy to pass on to your loved ones. But what if, in the moment when your will is needed the most, it’s found to be outdated and irrelevant, leading to confusion and potential conflict among your beneficiaries? Updating your…

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A Guide to Digital Assets in Estate Planning

Illustration of digital assets for estate planning, including a computer screen with a cryptocurrency wallet, social media icons, an email icon, a digital camera, and a document with a lock. A person consults with a professional at a desk.

As digital technology continues to become more integral to our daily lives, it becomes increasingly important to include digital assets in estate planning. Digital assets encompass everything from social media accounts to cryptocurrencies, and planning for their management after your death can prevent confusion and ensure your wishes are respected. Therefore, understanding how to manage…

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Discretionary Will Trusts & Vulnerable Persons Trusts (2026 Update)

A multi-generational English family discussing estate planning in a cosy living room with a financial advisor.

Introduction ✨ In this article, we explore Vulnerable Persons and Discretionary Will Trusts—two powerful tools in estate planning designed to provide peace of mind for parents. Whether you’re concerned about how a young adult might handle their inheritance or worried about the welfare of a child with additional needs, these trusts offer robust solutions to…

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Understanding Life Interest in Property Trusts: A Simple Guide

Traditional English cottage surrounded by a lush, circular garden, symbolising stability and legacy in estate planning.

Originally published in 2025 and refreshed in January 2026 to reflect the latest guidance and trends in estate planning. Planning for the future can feel daunting, especially when it comes to protecting your family home and ensuring your loved ones are looked after. Over the past year, we’ve seen even more families in England and…

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Understanding Severance of Tenancy: A Key Tool for Estate Planning

Conceptual illustration of a traditional English house split into two, each half protected by a glowing force field, symbolising Severance of Tenancy and legal protection.

Introduction In this article we are going to explore a key component in effective estate planning – Severance of Tenancy In England and Wales, most couples own their property as joint tenants, often without fully understanding the implications of this arrangement. Joint tenancy seems straightforward: when one owner dies, ownership of the property automatically transfers…

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Inheritance Tax Planning – Maximise what you leave behind

A piggy bank designed like a traditional British building, with several £ coins being inserted from above.

Introduction Inheritance Tax (IHT) can be complex, but effective planning can greatly impact what you leave behind for your loved ones. The best starting point is to seek quality financial advice. A skilled Financial Adviser (FA) can examine your assets, consider your lifetime goals, and guide you in aligning your financial planning with your wishes…

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Lasting Power of Attorney – what you need to know

Elderly couple discussing Lasting Power of Attorney with a professional in a modern office.

Introduction In the realm of securing one’s future, understanding and setting up a Lasting Power of Attorney (LPA) is so important. A fascinating insight from Willsuite’s 2024 Annual Report reveals that the average age for individuals establishing an LPA is 67. This statistic underscores a critical delay in safeguarding one’s financial and health-related decisions. We…

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