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10 OF THE STRANGEST WILLS OF ALL TIME

https://www.theguardian.com/money/2015/aug/25/10-strangest-wills-finances-death #WillWriting #Legacy #EstatePlanning Leaving instructions for what should happen to your finances after your death is a serious matter – but for some the temptation to cause mischief or raise a smile from beyond the grave is too much…

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WHAT HAPPENS TO A DECEASED PERSON’S MONEY AND POSSESSIONS?

https://www.citizensinformation.ie/en/death/the-deceaseds-estate/what-happens-the-deceaseds-estate/ #willing #willwriting Introduction When a person dies, their property passes to their personal representative. The personal representative then distributes the deceased's person’s assets (money, possessions and property) in accordance with the will - if there is one - or…

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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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