Wills are unique documents because you can really only have one legally valid version at any one time, other than additional foreign Wills, and so it is vital we have secure will document storage. We can have legally valid certified copies of many types of documents which can be provided as evidence of a document’s …
Co-Ownership of Property
How do you Jointly Own your Property and Why Does it Matter When you Die? When you buy a property, you may be buying it with someone else and you become co-owners as a result. There are two different ways to jointly own property, being either “Joint Tenants” or “Tenants in Common”. Despite the word “tenant” …
Appointing Attorneys for Power of Attorney
Making a Lasting Power of Attorney (LPA) is an important decision. Great consideration should be given to how many attorneys are needed, who is going to act, and how they will make decisions. These are the people who will be responsible for making decisions on your behalf and looking after your best interests. Ultimately the …
Investment Property Values and how to protect these from Inheritance Tax
It is widely recognized that although most ongoing active businesses are exempt from Inheritance Tax (IHT) upon the death of the owner(s) or controlling shareholder(s), those businesses where the main activity relates to investment property or properties are NOT exempt from potential IHT liability, so how do you protect from inheritance tax? However, all is …
Investment Property Values and how to protect these from Inheritance TaxRead More
What Happens WITHOUT a Health & Welfare Lasting Power of Attorney (LPA)?
What Happens without a Health and Welfare Lasting Power of Attorney (LPA)? It is a common misconception that a Health and Welfare LPA is only needed for those that are of an older age. The reality is that mental capacity could be lost at any time due to a serious accident, stroke or even a …
What Happens WITHOUT a Health & Welfare Lasting Power of Attorney (LPA)?Read More
What Happens If you don’t have a Property & Financial Affairs Lasting Power of Attorney (LPA)?
What Happens if you don’t have a Property and Financial Affairs Lasting Power of Attorney? It is a common misconception that a Property and Financial Affairs LPA is only needed due to a serious accident, stroke, or even a degenerative condition such as Alzheimer’s. If you should lose mental capacity and there is no Property …
A Will is NOT Simply a List
A Will is NOT simply a list of who does what, and who receives what, after we die. If that were the case, then there would be little need for solicitors and professional Will Writers because people would merely prepare such a list at their own convenience. Here are a few examples of potential issues …
What is Lasting Power of Attorney? Will Writing Service Devon
So What is Lasting Power of Attorney? Well, a Lasting Power of Attorney (LPA) is a document which gives powers to people selected by you to make decisions on your behalf if you are unable to make them yourself. There are two types of LPA, being one which relates to your Property and Financial Affairs …
What is Lasting Power of Attorney? Will Writing Service DevonRead More
Facts About Lasting Power of Attorney – Devon Will Writer
We come across numerous cases of facts about a lasting power of Attorney that are just not correct – so in this post, we’ll try and dispel some of them. If a couple have a joint bank account and one of them loses their mental capacity, their spouse or partner may continue to make decisions …
Facts About Lasting Power of Attorney – Devon Will WriterRead More
Probate Services – What do they mean?
Most of us have heard the term “Probate”, and Probate Services but how many of us know what they mean? Having a Will is only part of a larger process after you die if you own assets in your sole name. These assets include all property as well as savings and investments usually in excess …
Should the NHS be Paying for my Care?
At TRF, we encounter a worrying number of patients receiving SOCIAL care, when they are entitled to HEALTH care. The result being that their beneficiaries needlessly receive a reduced inheritance after their death. The difference between SOCIAL and HEALTH care is that with social care, if the recipient owns assets of value in excess of …
TRF Wills (TRF) was created by Michael Cotterill in 2005. He is a member of the Society of Will Writers and registered with the Information Commissioner’s Office.