If you’ve been appointed executor for a loved one’s will, you have a legal duty to ensure their wishes are followed. Trusts are increasingly common in wills, and you must deal with them properly to avoid problems further down the line. How can you tell if there’s a...
How you can protect your assets from care home fees
Any of us might need care support, particularly as we get older. If you need to go and live in a care home, your local authority may pay some of the costs. However, the value of your family home can be taken into account as part of a means test to see how much you’ll...
Creating a letter of wishes with your lasting power of attorney
A Lasting Power of Attorney (or LPA) lets your loved ones manage your affairs if you can’t do it yourself. Your LPAs can cover your finances, health and welfare or both. You can simply create an LPA if you want to, but we recommend writing a letter of wishes too. Read...
Your executors: how you can choose the right people for the job
When you create your will, you need to think about who your executors will be. They’re the people that will ensure that your wishes are carried out when you’re gone. You might automatically decide to nominate a close relative but are they the right choice? Here are a...
Do you want a living will?
We all have the right to decide what medical treatment we do (and don’t) want, so the idea of being in a situation where we have no say can be pretty scary. A living will, or advance decision, lets you refuse treatment in advance. The question is, do you want a living...
What is the residence nil rate band and why do you need to know about it?
Writing a proper will is important because it makes sure that your wishes are respected when you’re no longer around. It can also help you to give more of your estate to your loved ones and less to the taxman. If you own a family home you need to know about the...
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