Category: Probate

Writing a will seems unnecessary when you feel like you’re lightyears away from retirement, but it’s an important part of estate planning as it protects your family in the event of an untimely death. Talking about moving onto the afterlife has always been an uncomfortable topic, but it’s worse to ignore it as it will risk your loved one’s financial security in more ways than one.  With a clearly defined will in place, you can move forward in life with greater peace of mind knowing that you have the financial protection you need to prepare you for whatever happens down …

Have you been investing for a while now, but you feel like you need to hand over the responsibility of handling your portfolio to another professional? You should consider a wealth management firm.  That said, not all wealth management firms are equal. You need to make sure that you are choosing one that genuinely cares about you and your future. You need a firm that can and will protect your investments. But how do you find the right firm for you? Here are some tips for you: Check the Credentials First When you choose a wealth management firm, you should …

Putting a power of attorney in place can give you peace of mind that someone you trust other than your family is in charge of your affairs. We live in a day and age where leaving all your affairs in the hands of your family doesn’t always result in a good thing. This includes your health and your wealth. Sometimes, having a lasting power of attorney is exactly what you need. This guide will help you understand the importance of a lasting power of attorney and how you can benefit from it. What is a Lasting Power of Attorney? If …

Dealing with a loss can often leave one speechless. Alongside that, getting an inheritance payment behind from a deceased loved one can be rather overwhelming. It can be hard to come to terms with but see this gift as a way of them caring about you until the very end and ensuring your future.  When it comes to sorting out your inheritance, there will be several terms that you would need to understand in order to get your finances straight. Probate is something that many may encounter in regards to the assets and estate that they receive. Continue reading to …

Many of us are unaware that we need probate when it comes to managing and sorting out a deceased relative’s Will. Writing a Will itself can be a daunting experience but having to sort out someone else’s assets and distribution to the honourable heirs can be taxing at the best of times. Imagine having a professional organisation who will sort all of your estate for you for a one off lifetime fee, Sounds good? Prepaid Probate Plans are the new way of getting your assets, property and wealth organised. You pay a competitive probate fee in advance and this pre-paid …

The Law Society recently announced that probate applications made in the UK during the Coronavirus lockdown have halved. It is still possible to apply for probate and get the grant of probate with the difficulties being down to the law firm’s ability to do so on behalf of their clients. Some of the troubles arise from solicitors not having access to their offices to collect Wills, as well as the furlough of their staff putting pressure on the ability to get work done. In a normal week HMCTS (HM Courts and Tribunals Service) would see around 5,000 to 6,000 probate …