Whilst it is great to have a will in place, it is just as important to keep it up to date to ensure that it is fit for purpose. In this blog, Dunham McCarthy illustrates the importance of keeping your will up to date to ensure that your estate and beneficiary details are as they...
It is an unfortunate statistic that only around 40% of UK adults have a will in place. However, there are two related misconceptions that heavily influence this statistic. There are many people, particularly young adults, who believe that they are too young and that they don’t have enough assets and wealth to consider making a...
Last year the UK saw a five year high in probate disputes – according to ‘The Ministry of Justice.’ This demonstrates a growing trend for feuds over inheritances as well as illustrating not only the importance of getting a will in place, but also, ensuring that your will is as detailed and effective as it...
Dying without a will, is known as dying intestate. This means that if you don’t have a Will in place, you won’t have a say in what happens to your money, property and possessions upon your death. The number of intestacy cases, in England and Wales, is rising sharply, according to the latest figures from...
Bank’s can be a challenge for Executors dealing with the probate process – often causing time delays and confusion that can greatly add to the stress of a loved one’s death. A ‘Which’ survey, conducted in April 2025, found that whilst most banks have their own dedicated bereavement teams and policies, ‘They should do more...
Since 1984 farmers and agricultural land and business owners have been exempt from IHT, but this is set to change. From April 2026, the first £1 million of combined business and agricultural assets will continue to attract no inheritance tax at all, but for assets over £1 million, inheritance tax will apply. Inheritance tax (IHT) is...
The ‘Wills Act 1837,’ the legislation which sets out the requirements for a valid will, is nearly two centuries old! Therefore, reforms and the implementation of new laws – to reflect modern day life, have been long overdue. The Law Commission has unveiled a landmark report and a new draft bill proposing sweeping reforms to...
The number of cohabiting family households has doubled in the last 25 years. However, despite this number, there is still no legislation, in England and Wales, to adequately protect cohabiting couples on death. Unmarried couples do not have the same rights as married couples – especially when it comes to death and inheritance, no matter...
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...
Buyer Beware. A regulated company or a member of the legal profession are NO Guarantee for a job well done when it comes to obtaining a Will. As with any important purchase, when looking for a new Will writer and provider, it pays to do your online research and this research should extend beyond checking...
