They say that selling a property is one of the most stressful things you can do. It therefore goes without saying that when you are required to sell a property following a death, the bereavement, additional paperwork and official protocol makes the whole process all the more stressful for you, and your family. So, what’s...
Sideways Disinheritance is a term that relates to children losing out on their share of their parent’s estate because of a parent’s new partner. In most cases, if you are the first to die your share of the property and other assets is left to your partner. If your partner eventually meets a new partner...
Her Majesty the Queen celebrated her 96th Birthday this year (2022) and it’s interesting to consider that in 1926, the year of her birth, the average life expectancy for a women was just 62. Time has certainly moved on and so too has life expectancy. The International Longevity Centre estimates that 0.15% of the UK...
If you own assets abroad such as second home, it is vital that you re-look at your Will – obtaining expert advice from your Will writer and Estate Advisor. You need to be aware that your UK Will, made under English Law, does not necessarily guarantee that your overseas property is passed to your intended...
Probate is the legal term given to the administrative process that is followed after someone has died. It ends with the ‘Probate Registry’ issuing a ‘Grant of Probate’ OR, in the absence of a Will, a ‘Grant of Letters of Administration.’ The ‘Grant of Probate’ will usually be issued in around 4 and 8 weeks...
In times gone by, considering an equity release loan had somewhat ‘dubious connotations.’ This is because it often entailed selling your property to a loan provider with often ‘questionable’ results, leading such action to be viewed as an act of financial desperation. However, times have changed. Escalating property values has seen a huge surge in...
