How long after probate does it take to receive an inheritance?
How long after probate does it take to receive an inheritance? For beneficiaries of small, simple estate probate can take as little as 3 months and then it is simply a matter of the executor or administrator handing over the inheritance.Unfortunately for many estates, things aren’t quite so simple.There are lots of duties for the executor to perform and some of these can take a considerable amount of time and often be out of their hands. Need a Will? Write one...
Join thousands of people using the Smart Will App!
Thousands of people are using and enjoying the simplicity of the Smart Will App! Single Wills £19 Joint Wills £29. Join thousands of Smart will users that have used our super easy apps to let their families and loved ones know their final wishes. On average, it takes just 10 minutes to write your Will on the Smart Will App and costs far less than a high street solicitor. Why should the government decide where your hard-earned money goes to when...
What is a caveat?
Wills – What is a caveat? A caveat is a legal device used to give notice that there is a concern about the validity of a Will.The effect is simple – it stops any executor from obtaining a grant of probate and thus stops distribution of the estate.Placing a caveat is simple and theoretically is very cheap with only a £20 fee but the consequences can be far-reaching and very expensive as we will see in this article. How do you...
What types of Power of Attorney are there in the UK?
What types of Power of Attorney are there in the UK? A power of attorney is a legal arrangement that allows one or more people (the attorneys) to act legally on behalf of another.This is a typical arrangement where someone cannot make or communicate decisions on their own behalf, for instance, if they lose mental capacity through illness or a longer-term condition such as Alzheimer’s.In England and Wales, there are three different types of power of attorney. Ordinary Power of Attorney The...
Do I Need a Probate Solicitor?
Do I Need a Probate Solicitor? When someone passes on it can be a really difficult and confusing time.There are so many legalities to take care of and it can feel a little overwhelming.One of the terms that keep cropping up is ‘probate’ and you may well be wondering whether you actually need a solicitor to carry out probate on your behalf.In this post, we’ll look at this issue and try and help you demystify the topic. What is probate? Probate is...
Join THOUSANDS of people using the Smart Will App!
Thousands of people are using and enjoying the simplicity of the Smart Will App! Single Wills £19 Joint Wills £29. Join thousands of Smart will users that have used our super easy apps to let their families and loved ones know their final wishes. On average, it takes just 10 minutes to write your Will on the Smart Will App and costs far less than a high street solicitor. Why should the government decide where your hard-earned money goes to when...
Can you contest a Will?
Can you contest a Will? There are five main reasons for contesting a Will and these are;#1 Not complying with the Wills Act 1837#2 Undue influence or coercion#3 Lack of testamentary capacity#4 Lack of knowledge and approval#5 Forgery or fraud.#6 Reasonable financial provisionIn this post, we’ll go through each of these in turn and also let you know what happens when you contest a Will. #1 Not complying with the Wills Act 1837 The Wills Act 1837 is the legal underpinning of...
Who should be a legal guardian for your children?
Should you choose a legal guardian for your children? Guardianship is a really important aspect of making a Will and something that you shouldn’t enter into lightly.It is your way of ensuring that your children will be looked after by the people you nominate and who are happy to take on the responsibility.So, what exactly is a guardian and how do they differ from Godparents? How do Guardians and Godparents differ? Godparents as part of the Christian faith have a specific responsibility...
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