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This week is Update Your Will Week (4th – 10th March), an annual campaign hosted by The Association of Lifetime Lawyers. It aims to raise awareness around the risks of not having an up to date will and encourages people to update their will to ensure their wishes are carried out when they die.
Although most people choose a family member to be the executor of their estate, it is not always your best option. Whether you want to prevent your family from falling out when one person is selected over another, or you want to remove the burden of endless paperwork and understanding the legal requirements involved, there are many reasons why appointing a professional executor could be right for you. Here are the key benefits to appointing a professional executor to administer your estate after you die.
Cases such as this one, Ingram and Whitfield v Abraham [2023] EWHC 1982 (Ch), really demonstrate how crucial it is to have a professional prepare your Will.
In this case, an online will pack was used, and this had the effect of disinheriting the testatrix’s children, who had been the beneficiaries of her previous Will. Instead, the estate passed to Simon, the deceased’s brother, who had prepared the Will.
When people start to think about writing their Will, their first thoughts are usually about who will be the beneficiaries – who will inherit their property, savings, and other financial assets.
But there are many other things to consider when it comes to what you want to happen when you die. Here’s a list of 7 things that you should think about when preparing to write your Will:
We should all be encouraged to talk about death – it is an inevitable part of life. But recent studies show that nearly half of British people admit to finding it very awkward to talk about. Although it might feel uncomfortable, not discussing your wishes with your family means that everyone is in the dark […]
This week is Update Your Will Week (23rd-29th January 2023), an awareness campaign hosted by Solicitors for the Elderly (SFE) to encourage more people to update their Will and ensure their wishes are carried out when they die. This helps minimise disputes over inheritance – easing distress (and costs) for your loved ones. Accredited members […]
We’ve answered some of the most common questions people have about making and updating a Will. If you have a question we haven’t covered here, do not hesitate to get in touch with our Wills team – we’d be happy to help. What happens if you die without leaving a Will? If you die without […]
A large proportion of the population have no Will. Many people either just don’t want to think about the possibility of their own death, or assume that if they die their estate will go to the people they want. Unfortunately in many cases it won’t and your estate could end up going to people you […]
