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Introduction: In today’s modern society, many individuals find themselves in second marriages where their new partner may already have children, including adult step-children. It is important to understand that under English inheritance law, step-children, unless formally adopted, will not automatically inherit your estate upon your passing. This becomes particularly crucial when step-children are of adult age, making adoption impossible. However, there is a simple solution to this issue – writing a Will that explicitly includes your step-child as a beneficiary. In this blog, we will explore the significance of naming step-children in your Will and how Farsight Wills can assist…

Introduction In the United Kingdom, when it comes to estate planning and ensuring one’s wishes are carried out, two key roles come into play: the Executor of a Will and the Attorney of a Lasting Power of Attorney (LPA). While both positions involve managing someone’s affairs, they serve distinct purposes. This blog post aims to shed light on the differences between these roles, emphasizing the assistance provided by Farsight Wills, a trusted company specializing in wills and LPAs. Additionally, we will explore the convenience of Farsight Wills’ free home visits in and around Lydney and the Forest of Dean. Executor…

Many people acquire assets across popular European destinations, such as holiday homes and bank accounts. It’s crucial to ensure that these assets are accounted for during the estate planning process. However, there is often a great deal of confusion around how to incorporate these assets into an estate plan to protect loved ones in the event of death. The importance of estate planning Planning ahead to ensure your affairs are in order is an important task. It’s no surprise that many do not discuss the topic of death with those closest to them, but doing so can help ensure that…

With so many people now living much longer it is becoming crucial to make sure that you and your loved ones have a Lasting Power of Attorney (LPA) in place. It should be part of everybody’s Estate Planning consideration. Dementia alone shows there are more than 850,000 people in the UK that have it. One in 14 people over the age of 65 have dementia, and the condition affects 1 in 6 people over 80. Added to that the risk of a Stroke, Parkinson’s disease and other neurodegenerative disorders and you can see that the chances of losing mental capacity…

Deciding who will be responsible for carrying out the instructions in your Will should be considered carefully. Whilst there are no legal obligations to discuss your Will and its contents in advance, it’s worth discussing the role of an Executor with your chosen candidate to take away the element of surprise. This blog looks at various considerations that should be deliberated when making the important decision of selecting your Executor(s). Understanding the role of an Executor An Executor is the person(s) that carries out the instructions set out in a Will. If there is no Will (also known as intestacy),…

Mirror Wills are prepared for couples who want to make almost identical Wills, i.e., they ‘mirror’ one another. These kinds of Wills are two separate legal documents with similar content which often leave the estate to one another and then other beneficiaries on second death, often the children then grandchildren. Mirror Wills are the most common Wills sought by couples looking to get their affairs in order. Farsight Wills cost for Mirror Wills can be found on our Prices page. There is no doubt that for many couples going down the route of Mirror Wills might be a simple solution…

With a record number of enquiries to our Swindon office about Lasting Power of Attorney I thought it might help to go back to basics and look at what an LPA actually does and when it can be used. If a loved one is no longer able to make decisions for themselves, families are faced with a series of difficult scenarios. The change in circumstance could be quick such as a medical emergency or accident leading to loss of mental capacity. It could also be the slow, long term onset of debilitating diseases such as Parkinson’s disease or Dementia. Whichever…