Not made a will? Here’s the perfect solution

Not made a will? Here's the perfect solutionAre you one of the 51% of people in the UK who have not made a will? If you are, it’s probably on your to do list, and you’ve just not got around to it yet. In November, there’s a solution to this problem coming to a solicitor’s practice near you. Read on and we’ll explain all you need to know. But before we do, here are a few reasons why you should make a will: It’s the best way of confirming how you want your ...

Your chance to get a cost effective Will and help charity

Will AidMost people know that they really should have a Will, but many of us don’t get around to ticking the task off our to do list. November brings the return of Will Aid and the perfect opportunity to take care of a job which is so easy to put off. Will Aid gives you the ideal chance to have your Will drawn up by a local solicitor, who will waive their fee in return for a donation to charity. The suggested donation is £95 for a single Will and £150 for a pair of ...

Estate Planning: What assets will your spouse get when you die? The law has changed

Estate Planning: What assets will your spouse get when you die?  The law has changedChanges to the law, governing how assets are distributed when a person’s spouse or civil partner dies without having made a will, have come into force. The current rules are complex and assets do not, as many people believe, automatically pass to the surviving spouse. Here's our basic guide to the new rules: Existing rules As it stood before the rule changes: Married couples with no children The surviving spouse inherited the first £450,000 and half of the remaining ...

Survey highlights lack of financial planning amongst families

A new survey has found that many parents in the UK have no cover should they die or become ill and have done no tax planning. The ‘Why family matters survey’ from HSBC questioned 1,042 adults in the UK and found significant financial planning gaps: 52% of parents with dependent children have no financial plan in place 48% of parents said they have no life cover 32% of people in their 50’s do not have retirement savings factored into a financial plan 81% of people said they wanted to leave their assets to their children but tax and estate planning remain low priorities A staggering two ...