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Estate Administration explained
When someone passes away it can be a very challenging time and knowing what to do can be tough. Probate can sometimes seem like a bit of a maze so in this short article we have summarized the steps needed to wind up an estate. Bear in mind that we are unable to cover every aspect of the estate administration process so we have done a brief summary of the common steps: Register the Death Arrange the funeral When arranging the funeral check the Will to see if there are any wishes in the Will or to see if there is reference to a pre-paid funeral plan. Best to check…
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My partner will get everything anyway – I think…
This has to be one of the most common myths that I see as a Will Writer. “My partner will get everything any, I don’t need to write a will”. In this case, I always ask whether they are married and typically get the answer “no, but we live together and share everything”… When we investigate what this means and apply the law as it stands we often see a situation like this: Under the laws of intestacy, unmarried partners won’t inherit. If you own your home in your sole name and you pass away without a Will, then your live in partner won’t automatically inherit your home.…
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3 Reasons to write a Will
Ultimate Control is achieved by writing your Will. SLS have written a short blog detailing 3 reasons to write your Will. These should be common sense but that still doesn’t explain why about 60% of the UK adult population don’t have a valid Will. I use the term valid because some well meaning people will have a Will but won’t realise that it’s invalid or a gift within it may fail. If you do decide to write a Will, please seek professional advice. Don’t rely on the ‘advice’ of your friend who says, you can write one yourself. Whilst, this may be the case, in writing it yourself…
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