If a Named Beneficiary, Executor, Trustee or Legal Guardian changes their name, eg on marriage or by Deed Poll, it is not necessary to amend the Will: documentary evidence, eg Decree Absolute, is sufficient.
Posted by Martin Engleman on August 1, 2013
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If a Named Beneficiary, Executor, Trustee or Legal Guardian changes their name, eg on marriage or by Deed Poll, it is not necessary to amend the Will: documentary evidence, eg Decree Absolute, is sufficient.
Posted by Martin Engleman on August 1, 2013
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If you own property abroad, you should arrange a Will in that country, to avoid costly fees and much Probate delay
Posted by Martin Engleman on January 26, 2013
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Provide in your will for continuity of your business on your death.
Posted by Martin Engleman on January 15, 2013
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Provide in your Will for continuity of your business on your death.
Posted by Martin Engleman on January 15, 2013
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Even if an estate is less than £5,000, Probate may still be required re lifetime gifts in the preceding 7 years, so take legal advice.
Posted by Martin Engleman on January 15, 2013
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A Grant of Probate confirms to Executors that they have the authority to act and that the Will is validated.
Posted by Martin Engleman on January 15, 2013
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Civil partners and spouses have a nil rate Inheritance Tax allowance band currently worth up to £650K before 40% tax is levied.
Posted by Martin Engleman on January 15, 2013
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If children have special care needs, an appropriate Discretionary Trust could avoid loss of State benefits on inheriting your estate.
Posted by Martin Engleman on January 15, 2013
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Ensure your own children benefit from your share of your home if you pre-decease and your spouse re-marries and has more children.
Posted by Martin Engleman on January 15, 2013
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Always appoint charities as your final beneficiaries, to avoid your estate being claimed by the Government.