Wills & Trusts
The True Cost of DIY Estate Planning 🛠️
Picture this: You spot a DIY will kit online, promising quick results and big savings. 💷 It looks simple – so why not do it yourself? Many people take this route, hoping to save money and hassle. But what’s the real cost of cutting corners? DIY Wills: What Can Go Wrong? ⚠️ DIY wills and…
Read MoreDo You Need More Than a Will? 🏡
Imagine this: You’ve finally made your will. ✅ Relief! But is that really enough to protect your family and legacy? Many people think a will is all you need for estate planning, but when you look at will vs. LPA and trusts, the picture changes. A basic will is important, yet it can’t always protect…
Read MoreDon’t Let Your Children’s Inheritance Slip Away 🏡💷
Protect Your Family Home and Savings – Before It’s Too Late Many families worry about what will happen to their home and savings in the future. 🏠 Care fees, remarriage, and family disputes can all chip away at what you’ve worked hard for. The good news? You can take action now to protect your legacy…
Read MoreWills vs. Power of Attorney: Clearing Up the Confusion 🤔
It’s easy to mix up wills and powers of attorney in the UK. Many people do! You might have heard someone say, “My executor is my attorney,” or, “I’ve got a will, so I’m covered if anything happens.” If you’re unsure about the difference between wills vs power of attorney in the UK, you’re not…
Read MoreWhat Is a Flexible Life Interest Trust? 🦸♂️
A Flexible Life Interest Trust (FLIT) is a powerful way to protect your assets – like savings, investments, and additional property – for your loved ones. At Beacon Advice, we usually use a Flexible Life Interest Trust alongside a Property Protection Trust, which separately protects each person’s share of the main home. The FLIT takes…
Read More🏡 Protecting Your Home for the Next Generation: Why Consider a Property Protection Trust?
For many of us, our home isn’t just our biggest asset—it’s the heart of our family and a reward for decades of hard work. That’s why considering a property protection trust is so important for anyone who wants to safeguard their legacy. We grew up being told to buy property, live within our means, and…
Read MoreWhy DIY Wills Fall Short: Dementia, Disputes & Defending Your Wishes 🧠✍️
Dementia Is Rising—So Are Will Disputes Dementia is one of the UK’s fastest-growing health challenges. The NHS recently reported a record number of dementia diagnoses in England. As our population ages, more families face not only the heartbreak of dementia but also unexpected legal battles over Wills. Why does this matter? Dementia affects a person’s…
Read MoreProtecting Your Legacy: Why Secure Document Storage is Essential
Protecting Your Legacy: Why Secure Document Storage is Essential The Risks of Storing Documents at Home Storing important documents at home can be risky. Original wills and LPAs are crucial for estate administration. Without them, managing a deceased person’s estate becomes challenging. Moreover, banks and organisations require original LPAs for personal meetings. Unfortunately, home storage…
Read MoreUnderstanding the Post-Death Process: A Step-by-Step Guide to Probate and Planning Ahead
What Happens After Someone Passes Away? A Guide to the Post-Death Process Losing a loved one is one of life’s most challenging experiences. On top of the emotional toll, there’s often a long list of practical tasks to manage. Understanding the post-death process can make things a little easier during this difficult time. 🌟 At…
Read MoreDivorced or Separated? Why Updating Your Will and Beneficiaries Is Crucial in England and Wales
Life is full of changes – some planned, some unexpected. If you’ve recently gone through a divorce or separation, you’ve probably had a lot on your plate. But amidst all the paperwork and adjustments, have you remembered to update your beneficiaries? 🤔 Shockingly, 1 in 10 divorced individuals forget to remove their ex-spouse as a…
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