Dying intestate (without a will) is not good for your family's/loved one's health and sanity!
70% of people die without leaving a will.
To be blunt. If you have are run over by a bus and you have not made a will - where does that leave your family?
They could be left in a nightmare situation, which could take months, even years (in complicated cases) to sort out.
Andrew Way, Partner at Latimer Hinks explains why the Majority of People Risk Leaving Uncertainty Behind
Can I also point you to this blog written about similar problems Wills and Modern Relationships
direct.gov explains What to do if there is no will at all
Whatever the situation it is always advisable to speak to a lawyer.
Showing posts with label andrew way. Show all posts
Showing posts with label andrew way. Show all posts
Thursday, 2 June 2011
Tuesday, 18 January 2011
Wills & Modern Relationships
Everyone should have a well written. A will ensures that your wishes are carried out. No will at all means that you die intestate. In these cases laws that govern the way in which your estate should be distributed come into effect. These laws do not take into consideration modern family relationships.
A solution to the problems posed by modern families can be overcome with good advice from experienced solicitors.
Andrew Way of Latimer Hinks Solicitors explains why you should choose a solicitor rather than a will writer to draft your will.
Growth in Contested Wills Could Mean Heartache for Families
This week the BBC2 documentary "Can't Take It With You" aired. A very interesting programme dealing with the problems of modern family relationships and distribution of assets.
Anne Elliott of Latimer Hinks comments on the programme in her blog "Can't Take It With You"
Further information
STEP - Society of Estate and Trust Practitioners -
STEP members (TEPs) provide expert advice on how to comply with the often complex law and tax rules surrounding trusts, estates and inheritance.
Anne Elliott and Andrew Way are full professional members
SFE - Solicitors for the Elderly -
Solicitors for the Elderly (SFE) is an independent, national organisation of lawyers, such as solicitors, barristers, and legal executives who are committed to providing the highest quality of legal advice for older and vulnerable people, their families and carers.
Many of our Private Client Team are members of SFE. Andrew is also Executive Director and Secretary of SFE
A solution to the problems posed by modern families can be overcome with good advice from experienced solicitors.
Andrew Way of Latimer Hinks Solicitors explains why you should choose a solicitor rather than a will writer to draft your will.
Growth in Contested Wills Could Mean Heartache for Families
This week the BBC2 documentary "Can't Take It With You" aired. A very interesting programme dealing with the problems of modern family relationships and distribution of assets.
Anne Elliott of Latimer Hinks comments on the programme in her blog "Can't Take It With You"
Further information
STEP - Society of Estate and Trust Practitioners -
STEP members (TEPs) provide expert advice on how to comply with the often complex law and tax rules surrounding trusts, estates and inheritance.
Anne Elliott and Andrew Way are full professional members
SFE - Solicitors for the Elderly -
Solicitors for the Elderly (SFE) is an independent, national organisation of lawyers, such as solicitors, barristers, and legal executives who are committed to providing the highest quality of legal advice for older and vulnerable people, their families and carers.
Many of our Private Client Team are members of SFE. Andrew is also Executive Director and Secretary of SFE
Wednesday, 16 December 2009
DIY Wills - Don't do it!
We live in a society where, to save money, we attempt tasks ourselves that really should be undertaken by professionals.
You may have seen (and possibly heard) about home improvement DIY disasters. People make a living from creating cartoons relating to such disasters, but have you ever considered what may happen if you attempted a DIY Will? A Will than can be purchased "off the shelf"?
Andrew Way, Partner at Latimer Hinks comments on a recent court case relating to DIY Wills.
Court Case Highlights Danger of DIY Wills
DIY Wills are a risky business. Problems can arise if the Will was not correctly signed and witnessed. Drafting mistakes can leave the Will open to misinterpretation and could possibly render the Will useless. Not taking care of details such as this can prove very costly and sometimes distressing for those left to deal with it.
So, to avoid your Will being deemed unlawful or challenged by family members, good instructions, advice and legal guidance should be taken.
You may have seen (and possibly heard) about home improvement DIY disasters. People make a living from creating cartoons relating to such disasters, but have you ever considered what may happen if you attempted a DIY Will? A Will than can be purchased "off the shelf"?
Andrew Way, Partner at Latimer Hinks comments on a recent court case relating to DIY Wills.
Court Case Highlights Danger of DIY Wills
DIY Wills are a risky business. Problems can arise if the Will was not correctly signed and witnessed. Drafting mistakes can leave the Will open to misinterpretation and could possibly render the Will useless. Not taking care of details such as this can prove very costly and sometimes distressing for those left to deal with it.
So, to avoid your Will being deemed unlawful or challenged by family members, good instructions, advice and legal guidance should be taken.
Wednesday, 22 July 2009
Long Term Care - Government's Proposal For Change
The Green Paper on long term care was published last week with details of the Government's proposals for changes to the current funding of long term care costs.
As reported in the Telegraph on the 18th July 2009, these proposals remain just that - proposals. There will be four months consultation and still no parliamentary timetable to turn any recommendations into law.
With a general election looming next year, the Telegraph reported that campaigners for the elderly believe the issue will once more get kicked into the long grass.
The earliest any changes could become law is likely to be 2014 and it is estimated that in the meantime 400,000 will need care within the next 5 years.
It is understood that the Government's proposal concern only health care related support and fail to consider the residential living element.
The proposals still do not solve the fundamental problem and issue namely, if you have assets, particularly a house, you may end up having to use or pay out of your own resources your care costs whereas if you do not have assets, financial assistance will be available from the state.
Andrew Way, Partner at Latimer Hinks Solicitors has produced a fact sheet summarising the proposals and how they impact on people, particularly the elderly.
Proposed Changes to Funding for Long Term Care
As reported in the Telegraph on the 18th July 2009, these proposals remain just that - proposals. There will be four months consultation and still no parliamentary timetable to turn any recommendations into law.
With a general election looming next year, the Telegraph reported that campaigners for the elderly believe the issue will once more get kicked into the long grass.
The earliest any changes could become law is likely to be 2014 and it is estimated that in the meantime 400,000 will need care within the next 5 years.
It is understood that the Government's proposal concern only health care related support and fail to consider the residential living element.
The proposals still do not solve the fundamental problem and issue namely, if you have assets, particularly a house, you may end up having to use or pay out of your own resources your care costs whereas if you do not have assets, financial assistance will be available from the state.
Andrew Way, Partner at Latimer Hinks Solicitors has produced a fact sheet summarising the proposals and how they impact on people, particularly the elderly.
Proposed Changes to Funding for Long Term Care
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