Wills & Trusts
Why 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…
Read More🐾 Don’t Forget Your Furry Family Members! 🐾
🐾 Don’t Forget Your Furry Family Members! 🐾 As a nation of animal lovers, it’s crucial to consider our beloved pets when planning our estates. While pets aren’t legally considered sentient beings, they are regarded as property. Therefore, it’s essential to include them in your will to ensure they receive the love and care they…
Read MoreUnderstanding the Value of Your Estate: A Guide to Effective Planning
Introduction Understanding the value of your estate is crucial for effective planning. By knowing what your estate is worth, you can make informed decisions about your financial future. This guide will teach you how to assess your assets and liabilities, giving you a clear picture of your estate’s worth. What is an Estate? An estate…
Read MoreExecutor Disputes on the Rise: Why Choosing a Professional Executor Could Be Your Best Decision
Executor Disputes Rising: Why Hiring a Professional Executor Might Be Your Best Choice In recent years, executor disputes have been increasing. Claims in the High Court of England and Wales have surged by over 20% in the past year, according to The Times. Although the total number of disputes remains relatively low, this trend is…
Read MoreAre You and Your Partner Protected? Understanding Inheritance Risks for Cohabiting Couples 🏡
The Reality of Intestacy Rules Did you know that a staggering 68% of cohabiting couples are unaware of the inheritance risks they face without a will? 🤔 This alarming statistic reveals a widespread lack of understanding about how intestacy rules work. When someone passes away without a will, these rules determine how their estate is…
Read MoreEstate Planning for Blended Families: Navigating the Complexities with Sensitivity and Care
Estate Planning for Blended Families: Navigating Complexities with Sensitivity and Care Strategies for Effective Estate Planning: Blended families bring unique dynamics and complexities to estate planning, often leading to potential conflicts if not handled with care and clarity. With the recent rise in disputes against executors of wills, it’s crucial to address these challenges proactively.…
Read MoreUnderstanding Probate: A Guide for Our Clients
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…
Read More