The Legal Services Board have this morning released a press release following the Competition and Markets Authority study into legal services.
Once admitted to probate a Will becomes available for the public to view. So then how would a testator benefit a person by his Will while keeping this disposition concealed? Enter the “secret trust”.
When a beneficiary dies before the testator, the gift or legacy to them will lapse/fail and fall into the residue.
A Flexible Life Interest Trust can allow a person to benefit immediately upon the death of a testator (Immediate Post Death Interest Trust), all whilst protecting the value of assets for others.
A Lasting Power of Attorney is a document that allows you to choose someone you trust to make decisions for you in the event that you are unable to make them yourself (for example if you lost capacity). These people are referred to as your attorneys.
We are pleased to announce that the 2017 SWW annual conference has now gone live. Today marks the launch of the 21st annual conference held by the Society of Will Writers.
The Society of Will Writers and its team are often interviewed by news and media organisations to help the consumer understand the importance of writing a Will and having it created by the right person or organisation.
The idea of writing your own Will, on first glance, looks like a good one. The idea of saving money, educating yourself a little and having a document which informs your executors about how you would like to have your estate distributed sounds great, right?
Those entering the Will Writing industry with little or no experience are often shocked by the magnitude of work and liability they can be faced with when they take on clients. It’s not just a case of writing their Will or assisting with an LPA.
Illot v Mitson is a much talked about case in the private client legal sector.
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.
The Society of Will Writers what3words: ///ever.embellish.hissing Tel: 01522 687888
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