eBriefs - Personal Planning
Inheritance Act Claims and Letters of Wishes: Managing Risk in Estate Planning
A valid will does not always prevent disputes after death. Under the Inheritance (Provision for Family and Dependants) Act 1975, certain individuals can still bring claims if reasonable financial provision has not been made.
What Happens If There's No Will?
Someone passing away without a valid will is more common than you might expect. When this happens in England, the person is said to have died intestate, and it means the law steps in to decide what happens to their estate.
Jargon busting – Wills
Legal terms can be confusing if you haven’t encountered their specific meaning before. Here we look at some of those terms to remove any doubt or confusion about their meaning.
Open your mind and secure the future
There is nothing certain except death and taxes, yet many people avoid later life planning. Making a will and appointing attorneys under a Lasting Power of Attorney are two ways of creating some certainty in future. With a steep rise in the number of LPAs submitted to the OPG for registration, it’s worth taking action sooner rather than later.
Keeping legacies in the family and out of court
Inheritance challenges and disputed wills are soaring, but it’s not just the high profile, mega wealthy that are fuelling the action.