Since 1994, The Society of Will Writers has been growing to form a network of over 1,700 Professional Estate Planners in the UK, and even further afield in places such as central Europe and Asia making us a truly international organisation.
Over 60% of the UK adult population do not have a valid will. This means that when they pass away their estate will be distributed according to set of rules known as the rules of intestacy.
The much-loved TV veteran, Sir Bruce Forsyth, left his entire fortune to his third wife Wilnelia in order to avoid inheritance tax (IHT) which he described to Radio Times in 2015 as ‘a bit over the top’.
We recommend that people review their wills regularly to make sure they are still up to date and match their wishes and circumstances. We advise reviewing your planning every 3-5 years or on any major life events such as marriage, separation, birth of children, or death of a beneficiary or executor.
When it comes to estate planning we talk a lot about PETs, but not often about pets (of the furry, fluffy and feathery variety). Most pet owners will want to ensure that their pets continue to be cared for after their death, so let’s look at what we need to consider.
Stamp Duty Land Tax (SDLT) is a tax charged on the consideration given for the sale of land in the UK.
It seems that nearly everyone knows someone who has been affected by some sort of fraud.
Most people collect a lot of ‘stuff’ over the course of their lives. Some valuable in real monetary terms, and some valuable from a sentimental perspective. Much of these personal possessions fall under the definition of ‘personal chattels’.
If your thinking “its about time I wrote my Will”, read on. And if your thinking, as do the majority, “why should I, there is always tomorrow” then you definitely need to read on.
Happy birthday to us! The SWW has turned 24.
The Society of Will Writers is a non-profit making self-regulatory organisation whose primary objectives are the advancement, education and ethical standards within the will writing profession.
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About The Society of Will Writers
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