Basic Will with no complications.
Ensures your biggest asset (your home) passes to your chosen beneficiaries.
Extremely useful when there are children from previous relationships.
Stops children from being dis-inherited.
Includes updating the Land Registry.
Gives your partner, child or spouse the right to live in your home after your death.
You can stipulate if the RTO is for the rest of their life, or until they marry or co-habit, or until they reach a certain age.
Holds a beneficiaries inheritance in a trust fund, to be managed by Trustees, to avoid any loss of means tested benefits or financial abuse by a third party.
Normal age of inheritance is 18
With a CTF you can set a high age (i.e. 21, 25, etc…) to ensure that your child will be more responsible when receiving their inheritance
With the Trust clause, your Trustees can use some of the legacy for your children’s Education, Welfare and Maintenance.
Required if you do not want someone to benefit from your estate who would be entitled to benefit. i.e. a bloodline child following a breakdown in your relationship with them.
If you run a business which would need to continue following your death, this clause appoints Trustees to oversee the running of the business.
Either the Financial LPA or Health LPA. Court registration fee is an extra £82 per LPA
BOTH the Financial LPA and Health LPA. Court registration fees are an extra £82 per LPA