Scroll down to read helpful articles on a wide range of estate planning topics, or use the search button to find answers to a specific query.
What is Deputyship?
A Deputy is one or more people appointed by the Court of Protection (CoP) to make decisions on behalf of another who cannot do so themselves. The good news is that it’s easy to avoid expensive and stressful involvement with the slow, and bureaucratic CoP.
Read on to find out how Lasting Powers of Attorney are invaluable.
What is a discretionary Will trust?
A discretionary Will trust is like a gift box for your assets. With this legal trust arrangement, your trustees (people you choose because you trust them) have the legal power to decide how your assets are distributed among your beneficiaries. Your words, either verbally or in writing, guide their actions.
Let’s look at some of the situations where a discretionary Will trust could be advantageous.
Do I need to register a Will trust?
The UK Government introduced the Trust Register to provide greater transparency around the ownership of Trust assets and individuals connected with trusts. We look at the new legal requirements and how they apply to trusts created by a Will.