Wills, probate & estate: your guide to planning and inheritance law
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on wills, probate & estate
How to deal with a loved one’s finances after death?
Published on 09/09/2020, by Qredible - Reading time: 4 mins
When someone close to you passes away, it is natural for a variety of emotions to strike. Several factors can make death incredibly overwhelming. Suppose the death was unexpected. Perhaps you also find yourself as the sole proprietor of getting the deceased individual's affairs in order.
How to change a will?
Published on 03/09/2020, by Qredible - Reading time: 4 mins
Two approaches can be taken in relation to the above statement. The first is from the point of view of your own personal will, while the alternative is from the point of view of changing a will made by someone else. Let us first look at the former situation.
Trust Funds: Six types you need to know about!
Published on 17/08/2020, by Qredible - Reading time: 6 mins
A trust is a legally binding contract in which 'trustees' are given legal responsibility to look after assets, for example, property or land. Items such as antiques and jewellery can also be placed in a trust or otherwise known as 'chattels'.
Seven-year rule: Reduce your inheritance tax liabilities!
Published on 13/08/2020, by Qredible - Reading time: 3 mins
Many of you will be aware of inheritance tax, even if you are not sure at what level they will be set at, though currently, it is a massive 40%. For many, it is just an accepted fact that when someone dies, the taxman benefits.
How to avoid paying inheritance tax in the UK?
Published on 10/08/2020, by Qredible - Reading time: 7 mins
The death of a loved one comes with all sorts of stresses and emotions. For many people, the last thing they want to do is deal with wills and estates. Nevertheless, without taking the appropriate steps, inheritance tax could end up costing you hundreds of thousands of pounds. So, all matters relating to it must be dealt with efficiently and promptly.
What is probate & how it works?
Published on 08/07/2020, by Qredible - Reading time: 5 mins
The death of a loved one is always a stressful and upsetting time. Aside from the emotional distress, there is the complexity of dealing with their financial estate and Will. You may have heard the term probate but are unfamiliar with what it means.
Can you afford not to have Lasting Powers of Attorney in place?
Published on 07/04/2020, by Qredible | Reviewed by EMD Law - Reading time: 1 mins
Have you noticed that someone close to you is starting to suffer from ill-health or is becoming more forgetful about things?
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