Trust means
In’s and Out’s of Trusts. The English language can be tricky. If something in a Will is “Upon Trust” is means that the asset concerned is going to be managed by the Executors of the…
LPA why do you need it
Why would you need an LPA. A Lasting Power of Attorney (LPA) is something that you put in place to ensure that you have a person of your choosing available to make decisions on your…
Somebody Dies
Has somebody just passed in your family. What to do when somebody dies? I have been asked this question a lot and I think people are expecting me to say something to do with Wills…
Can I avoid probate?
Can I avoid Probate? Yes, you can. There are loads of ways of avoiding probate and almost all of them involve you making sure that when you die you own as little as possible in…
Revoke a Trust
How can I revoke a trust? All trusts can be revoked it’s just that some are a little more straight forward than others. If the trust has within it, the power of revocation, then the…
Conditions
Are you writing your Will and not sure about what you can a cannot do? Can I set up conditions or stipulations on an inheritance? Yes, you can set up conditions and specific stipulations in…
Find a Trust
Have you been left something in Trust? How do I find the Trust? If the Trust you are looking for is a private Trust, then you may find tracing the Trust difficult if you don’t…
Can you pay IHT out of your inheritance?
IHT is the acronym for Inheritance Tax and nobody who inherits normally pays inheritance Tax on their inheritance. The reason for this is that the Executor if they have a Will or the Administrator of…
IHT who pays?
Are you involved in sorting out somebodies’ life after they have passed away? If you are not familiar with IHT then it is the acronym for Inheritance Tax. It is always the estate that…
Valid Will
When does my Will become legal? Your Will becomes a legal document at the point where you sign it in front of two adult witnesses, and they then sign to confirm they have witnessed your…