Wills And Trusts Archives

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...

December 29, 2019By Smart WillNews, Wills And Trusts0 CommentsRead more...

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...

December 28, 2019By Smart WillBeneficiaries And Inheritance, News, Wills And Trusts0 CommentsRead more...

What is an Advance Decision?

What is an Advance Decision? An advance decision or ‘living Will’ as it used to be known is a method of letting people know about your wishes regarding treatment in the future if you are not able to communicate them yourself.Often known in care circles as an Advance Decision Regarding Treatment (ADRT) they are a useful method of asking healthcare professionals to respect your wishes.It is possible to confuse these with Advance Statements but it is important to note that...

December 23, 2019By Smart WillNews, Wills And Trusts0 CommentsRead more...

What is a living trust and when should you use one?

What is a living trust and when should you use one? You may have heard people discussing trusts and wondered what they are and whether they could be useful for your situation.In this post, we’d like to give you a run-through of what living trusts actually are and what circumstances might make them advantageous.You can also find our larger guide to trust here if you’d like to know about trusts that are helpful for after you pass on. What is a...

December 20, 2019By Smart WillNews, Wills And Trusts0 CommentsRead more...

Are online Wills legal in the UK?

Are online Wills legal in the UK?With the constant development of the internet and online services, it seems that there is very little that can’t be done online and this includes Will writing.But the question that people often asks is whether online Wills are actually legal in the UK.We thought that it would be a good idea to write a post that will help explain some of the legalities involved and hopefully clear up any misconceptions about what an...

December 15, 2019By Smart WillNews, Wills And Trusts0 CommentsRead more...

Can you just write a Will online and get it notarized?

Can you write a Will online and get it notarized?

Can you just write a Will and get it notarized? A question that occurs to many people is whether it is possible to simply write your own Will and then get it notarized to make it legal. Given that often people feel a Will is simply an expression of your wishes it may seem that going through the time and expense of getting one professionally made is a little over the top. We thought we’d write a post to clear up the...

December 14, 2019By SmartWill.AppNews, Wills And Trusts0 CommentsRead more...

Do I need a solicitor to make a Will?

Last Will and Testament – overviewMaking a Will is something many people put off but it is one of the most important things we can do to help our families after we are gone.A Last Will and Testament is a method of making sure that your wishes are known and that your dependents are taken care of.What exactly is a Last Will and Testament?Despite the slightly archaic sounding title a Will is something that has real validity and relevance...

December 9, 2019By Smart WillNews, Wills And Trusts0 CommentsRead more...

Do I still need a Will if I am married?

Do I still need a Will if I am married?People often wonder whether they need a Will if they are married and it’s easy to get confused about the rules.In this post, we’d like to give you the facts around inheritance for married couples.Recently married?The first thing to say is that if you have recently got married then this is the ideal time to review your Will and of course if you haven’t got one, to rectify this.Your Will...

December 2, 2019By Smart WillNews, Wills And Trusts0 CommentsRead more...

What is a Will codicil?

What are Will codicils and should you use them?A codicil is one of the things that people often think of when they consider Wills but what exactly are they and how are they used?More importantly, should you use a codicil for your Will?What is a Will codicil?When you make a Will you do so based on the assets and with the knowledge you have at the time.However, life moves on and things that you have written in your Will...

November 21, 2019By Smart WillNews, Wills And Trusts0 CommentsRead more...

Hand writing Did You Know with blue marker on transparent wipe board

Only 1 in 10 people know these 5 facts!

Dying without a Will can have far-reaching consequences for families and loved ones, and yet 70 percent of the UK population have no Will in place. Research has shown that only 1 in 10 people know some of the basic facts about the consequences of dying without a valid Will. 1. The Rules of Intestacy When someone dies without a Will, all of their possessions and other assets pass in accordance with the rules of intestacy, to specified family members. This means...

November 8, 2019By Smart WillNews, Wills And Trusts0 CommentsRead more...