Richardson's Wills | Will Writers UK

Who deals with property when someone dies?

Nicola Richardson — Thu, 27 Oct 2022 12:53:09 +0000

The responsibility of dealing with the deceased’s property falls to the Executor (when there’s a Will) or the Administrator (when there’s no Will). This means that if anything happens to the property after the owner dies, they are responsible for resolving the issue. Before dealing with the property, it’s important to ascertain how the property […]

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A Guide to Inheritance Tax

Nicola Richardson — Mon, 10 Oct 2022 08:46:42 +0000

Not many people’s estates are affected by inheritance tax. In fact, according to HMRC, only 5% of estates have to pay it. However, if your estate is large enough to incur it, it does mean your loved ones won’t inherit as much as you might have intended. Here’s what you need to know about inheritance […]

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Why is lasting power of attorney so important?

Nicola Richardson — Mon, 10 Oct 2022 08:21:21 +0000

Lasting power of attorney, or LPA, are legal documents that allow you to nominate someone else to make financial or healthcare decisions on your behalf. This means the person you nominate (your ‘attorney’) can make decisions about your personal care and decide on your medical treatment (health and welfare LPA), or look after your bank […]

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Should I write a Will online?

Jack Easterbrook — Wed, 07 Sep 2022 11:16:27 +0000

It’s something many of us put off, but it’s crucial to decide what will happen to your assets when you’re gone. A Will helps ensure that the right people benefit from what you leave behind. In this blog, Richardson’s Wills looks into the benefits and drawbacks of writing a Will online. What is a will? […]

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Why do I need a will and why should I get one written professionally?

Jack Easterbrook — Wed, 10 Aug 2022 08:39:03 +0000

1 in 2 UK adults doesn’t have a will. Many people don’t think they need a will as they are young and healthy; however the sad fact is that things can change in an instant. An up-to-date will is the best way to ensure that your dependents are looked after if something happens to you. […]

The post Why do I need a will and why should I get one written professionally? first appeared on Richardson's Wills | Will Writers UK.