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Will Writer’s Words of Wisdom 21

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.

Will Writer’s Words of Wisdom 20

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

Will Writer’s Words of Wisdom 19

Posted by Martin Engleman on January 26, 2013
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Provide in your will for continuity of your business on your death.

Will Writer’s Words of Wisdom 18

Posted by Martin Engleman on January 15, 2013
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Provide in your Will for continuity of your business on your death.

Will Writer’s Words of Wisdom 17

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.

Will Writer’s Words of Wisdom 16

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.

Will Writer’s Words of Wisdom 15

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.

Will Writer’s Words of Wisdom 14

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.

Will Writer’s Words of Wisdom 13

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.

Will Writer’s Words of Wisdom 12

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.