Personal
Latest Personal News
-
Getting your affairs in order with a Will
Making a Will and getting your affairs in order will make sure your family know your wishes and ensures that your assets and personal possessions are divided up among those individuals you want to inherit, reducing the stress on your family at a time that will already be emotional and distressing.
-
Why Would a Will Go to Probate?
In order to be implemented most wills must go through a process known as probate (some wills with a value of under £5,000 may be exempt). Probate entails the executor gathering together all of the deceased’s assets, paying off any debts and then distributing them to the beneficiaries as set out in the will.
-
Do you have to register a Will in the uk
More than nine million people in the UK currently have their Wills registered with the National Will Register, the country’s will registration and search service. Registration is voluntary but it is recommended that you do so to help ensure that, following your death, your estate is dissolved in the way you set out in your Will.
-
Family Mediation – Will it become Obligatory?
With the Court system continuing to be overwhelmed with cases that it is estimated may take years to return to a manageable level, the Government are urgently looking to identify practical solutions. The significant change being proposed – and is currently subject to a consultation process – is for the involvement in mediation to be a requirement before any Court application can be made
-
Can you market a house before you’re granted probate?
If you’re administering someone’s estate after they’ve died, then you may need to apply to the Probate Registry for either a Grant of Probate or a Grant of Letters of Administration in order to distribute and handle their estate.
-
Are you liable as a director during commercial litigation?
Commercial litigation slightly differs from civil litigation, whereby it involves businesses or organisations rather than individuals. Despite this, however, if you are a company director, you may find yourself held personally liable in some situations.
-
Can I apply for a Grant of Probate Myself?
If you are an Executor of a Will, you can choose to apply for a Grant of probate yourself, rather than get a solicitor to do it for you. But what does this involve, and will it be the right decision for you?
-
What is a Beneficiary of a Will
An individual or organisation included in your Will is called a beneficiary. You may wish to leave all your assets (also referred to as your estate) to just one beneficiary or to several. Beneficiaries will often be family members or friends but can also be charities or other good causes that you want to support. There are strict legal procedures that must be followed regarding the execution of a will to ensure the deceased individual’s wishes are followed and that all beneficiaries receive their rightful share of the estate.
-
How to Find a Will before Probate?
It is vital that an up-to-date copy of the Will is available before probate can be granted and the process of probate begins; without the Will, the executor has no legal powers to distribute the estate, but, how do I find a Will before probate?
-
What Happens if You Die without a Will?
Making a Will is the most effective way of ensuring that your estate (money, property and possessions) is distributed according to your wishes following your death. Despite this, more than two-thirds of people in the UK pass away without a Will; in legal terms this is known as dying intestate. In these cases, the deceased’s estate is distributed according to intestacy law, which determines who the beneficiaries should be and how much each should receive.
