A Will isn’t effective until your death, this means that you can change it as many times as you wish, whilst you have mental capacity to make the Will. A Will helps to protect your estate after your death and may help to protect your estate from any claims from other people and also the…
A Guardian in estate planning terms is someone who you appoint in your Will, or otherwise, to act as the person who has responsibility for and care for any children you have that are minors at the date of your death. They will have to act jointly with anybody who has parental responsibility or any…
In England and Wales, there is currently no legislation that deals with Sharia Law Wills. For a Will in England and Wales to be compliant with Sharia Law, the terms of the Will need to be in accordance with Sharia Law. You can distribute your Will as per Sharia Law and specify any funeral wishes…
A Will is only effective upon your death so the only tax you can mitigate, is your estate’s Inheritance Tax Liability. Depending on who you leave part or all of your estate to, there are exemptions and reliefs available to you. Any gift given to your spouse will be Inheritance Tax exempt Any gift given…
You can appoint anyone you wish to be an Executor of your Will and you may feel that your family or close friends can carry this task out easily when you’ve gone, however complex your estate may be. It is important that the Executor you appoint, understands the duties they need to undertake and how…
