So many couples make “Mirror Wills” that leave everything to each other, assuming their estate will benefit their partner for life and then go to their children or grandchildren. Sadly, that’s not always what happens…… What is a Mirror Will Mirror Wills are simply identical Wills that a couple make, leaving everything to each other and […]
What is a Lasting Power of Attorney (LPA)? An LPA covers decisions about your financial affairs, or your health and care. It comes in effect if you lose mental capacity, or if you no longer want to make decisions for yourself. You would set up an LPA if you want to make sure you’re covered […]
Cryptocurrency is digital money that is stored in a virtual wallet and uses encryption techniques to generate currency and verify the transfer of funds. Cryptocurrency is once again in the spotlight after this latest security blow hit the headlines. One of the world’s largest digital coin exchanges, Binance, admitted that hackers had stolen over £30million in […]
If you want to leave a property in your Will, there are several factors you need to consider. In particular, you’ll need to know how your home is registered. Tenants In Common.This means each owner has a set share in the property, and, if someone dies, that share is passed on as stipulated in their […]
Around six million people have experience of acting as the Executor of a Will but just 4% realise that they are legally responsible for the accurate distribution of the estate that is entrusted to them. Past research has shown that 96% of Executors did not realise that they were legally and financially responsible for the […]
If you were to die and your partner remarried your home may be at risk of being lost to the new spouse, leaving your children with nothing. Thankfully there are legal steps that you can take to prevent this happening. At Farsight Wills we specialise in ensuring that you and your family are protected against […]
Is a Mirror Will right for you and your partner?
/1 Comment/in Blog /by Nigel SchofieldSo many couples make “Mirror Wills” that leave everything to each other, assuming their estate will benefit their partner for life and then go to their children or grandchildren. Sadly, that’s not always what happens…… What is a Mirror Will Mirror Wills are simply identical Wills that a couple make, leaving everything to each other and […]
Dementia And The Benefits Of A Lasting Power Of Attorney
/0 Comments/in Blog /by Nigel SchofieldWhat is a Lasting Power of Attorney (LPA)? An LPA covers decisions about your financial affairs, or your health and care. It comes in effect if you lose mental capacity, or if you no longer want to make decisions for yourself. You would set up an LPA if you want to make sure you’re covered […]
Over £30million in Bitcoin stolen raising concerns about the safety of cryptocurrency
/0 Comments/in Blog /by Nigel SchofieldCryptocurrency is digital money that is stored in a virtual wallet and uses encryption techniques to generate currency and verify the transfer of funds. Cryptocurrency is once again in the spotlight after this latest security blow hit the headlines. One of the world’s largest digital coin exchanges, Binance, admitted that hackers had stolen over £30million in […]
Put a tenancy agreement in place to protect your property for future generations
/0 Comments/in Blog /by Nigel SchofieldIf you want to leave a property in your Will, there are several factors you need to consider. In particular, you’ll need to know how your home is registered. Tenants In Common.This means each owner has a set share in the property, and, if someone dies, that share is passed on as stipulated in their […]
What does it mean to be named as an Executor?
/0 Comments/in Blog /by Nigel SchofieldAround six million people have experience of acting as the Executor of a Will but just 4% realise that they are legally responsible for the accurate distribution of the estate that is entrusted to them. Past research has shown that 96% of Executors did not realise that they were legally and financially responsible for the […]
Protect your Home from Sideways Disinheritance.
/1 Comment/in Blog /by Nigel SchofieldIf you were to die and your partner remarried your home may be at risk of being lost to the new spouse, leaving your children with nothing. Thankfully there are legal steps that you can take to prevent this happening. At Farsight Wills we specialise in ensuring that you and your family are protected against […]