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A Right to Reside
A Right of Residence is something you can include in your Will. If you own a house and want to make sure that someone can continue to live in it after you die one of your options is to create a Right of Residence for them. This will make sure that the person keeps the...
A Prudent Person’s Needs
Apart from the normal needs of a home,food to eat,clothes to wear,money to spend, age also brings a desire to protect what you have and to ensure it is used to provide for those needs. In addition the need to know where all your built up savings and property will go...
At Your Discretion
If you want a protective shelter for your property and assets after your death then a Discretionary Trust can be built into your Will This type of Trust can be used if your intended beneficiary (ie someone you are leaving some or all of your assets to ) is:- Not happy...
What will?
Anyone who has a family, or owns assets and savings, should make a Will. But what sort of Will should you make and why? For a single person the Basic Single Will sets out what should happen their estate when they die. It guarantees nothing but sets out how the assets...
Have you the capacity?
IN the present litigious environment many Wills are challenged which question the capacity of the testator when making the Will. When taking instructions to make a Will a professional has to consider a variety of matters. To start with, who made the appointment? If...
Trusts
So what Trusts can I use to protect my assets on death? There are several types of Trusts you can put in your Will to ensure your assets at death will reach your chosen beneficiaries. Firstly there is a Property Protection Trust which can provide a protective shelter...
Attorneys, Executors and Trustees
These three titles often confuse many lay people when planning their affairs both for life and death. It is understood that each of the titles refer to someone who is acting on your behalf , but how and when appear to cause confusion. Firstly all of the titles refer...
A Cheap Insurance
The majority of people take out some form of insurance in their lifetime. It can be motor insurance, fire and theft cover, buildings cover, critical illness etc. etc. All of these protect against future potential accidents or happenings and of course death where...