Unlike an intestacy, where children must take their inheritance at 18, if you make a Will you can specify at what age you would like them to benefit. Usually this will be within the 21 to 25 age range.
To make a Will you must be over the minimum age limit and have “testamentary capacity”. This means you must …
Read more Wills & ProbateOnly if there are serious disagreements between beneficiaries and/or the people making the Will.
Read more Wills & ProbateYes, an executor may be a beneficiary in your Will and it is often appropriate that the main beneficiary is …
Read more Wills & ProbateBoth you and your husband should make Wills. As well as ensuring that you have provided for each other, you …
Read more Wills & ProbateYou should record your contribution and the way in which you would like the future proceeds of sale to be …
Read more Wills & ProbateInheritance tax is charged at the rate of 40% on the value of your estate above the allowances available. The …
Read more Wills & ProbateYou can set aside money for her using a Discretionary trust, which will not affect her entitlement to state benefits.
Read more Wills & ProbateNo, you do not have to act as an Executor. You have a couple of options. Your first option is …
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