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10 MYTHS ABOUT MAKING A WILL

https://www.corning-cc.edu/foundation/baron-bulletin-stories/myths-about-wills.php #willwriting #knowyourwill When you spend a lifetime working and earning for your future, you need to care for the way those assets are managed and shared with your loved ones. Most adults do not even have a basic plan…

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PROBATE EXPERTS WARN AGAINST ONLINE WILLS

https://www.lawgazette.co.uk/news/probate-experts-warn-against-online-wills/5110251.article #willtowin #knowyourwill The growing popularity of online will writing could lead to a ‘surge’ in contested probate cases down the line, probate experts have warned. Funeral Solution Expert, a research and consultancy firm, analysed 26 online will writers and…

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WHAT HAPPENS IF I DON’T PAY IHT?

https://www.soteriatrusts.com/insights/what-happens-if-dont-pay-iht/ #willing #knowyourwill The UK’s standard Inheritance Tax (IHT) rate is 40%. IHT must be paid by the executor on the net worth of the deceased person’s estate above the tax-free threshold of £325,000 per single person or £650,000 per…

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SUCCESSION PLANNING: HOW TO HAVE THE “TALK” WITH YOUR FAMILY ABOUT IT

https://www.soteriatrusts.com/insights/succession-planning-how-to-have-the-talk-with-your-family-about-it/ #willwriting #willtowin The topic of Succession Planning often requires some careful consideration and balance. Most people have ideas about what they want for the next generations but don’t see why they should plan ahead. Procrastination and the influence of…

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FIVE MYTH-BUSTING FACTS ABOUT WILLS

https://www.telegraph.co.uk/lifestyle/cancer-charity-gifts-in-wills/myths-about-wills/ #willwriting #knowyourwill Wills don’t have to be difficult or expensive, and can save money in the long run. David Prosser tackles common misconceptions about wills Why don’t more Britons make a will? Surveys published in recent years have consistently found that…

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