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My name is Bill Ryan. I am a lawyer now working as a Legal Consultant specialising in Wills, Trusts and Estate Planning for Your Will Matters.
I am a member of the Institute of Professional Willwriters, an Affiliate of the Society of Will Writers and a Commissioner for Oaths. You can me on 01225 582582 or 07942 959599. |
This has been a busy period for me as more people have made enquiries than normal. I think it is the New Year resolution ‘thing’. I would agree that the New Year is a good time to write your Will. So is February. Anytime soon is the absolute best time to do it though. So don’t put it [...] This is a bold statement to make but there are two good examples I can cite. Picture two elderly parents who own their property as joint tenants. When one dies the survivor will be the sole owner of the property. If the surviving parent goes into care then the value of the property, save the exemption [...] I was invited to contribute to the Jonathon Vernon-Smith radio show on BBC 3 Counties today. The format is a phone in show with the public sending emails and texts to add to the flow. The topic was “Inheritance, Is It Worth The Hassle?” There were a number of very interesting contributions before I joined in. A central theme was whether being disinherited [...] ‘Probate’ is a term used when talking about applying for the right to deal with a deceased person’s affairs. It’s sometimes called ‘administering the estate’. If the person who has died leaves a Will Normally executors named in the Will deal with the person’s affairs after their death. An executor applies for a ‘grant of probate’ from the probate registry. The ‘grant’ is a [...] I was watching Heir Hunters again. The programme starts with the powerful statement that 300,000 people a year die in the Britain without a Will. This is a BBC programme about a firm of ‘Heir Hunters’ called Fraser & Fraser. They start by searching the weekly Bona Vacantia list of persons who die intestate and without [...] A Will has a lot in common with life insurance. When you make a Will you know that you will not benefit from it yourself. Most people believe it is the right and proper thing to do because it provides a better outcome for the loved ones ‘left behind’. Yet surprisingly over 60% of adults in the [...] Many British people spend lengthy periods living and working abroad. They form ‘expat’ communities in many parts of the world. One increasingly popular destination is Dubai in the United Arab Emirates (UAE). So if you are living in Dubai, for example, do you know what happens there if you die intestate? Are you confident that [...] If you have remarried you may think that one way or another your estate (i.e. your property and money) will go to your children. You may be wrong! Look at this example: Alan & Betty Smith have 3 grown up children when they divorce. The money and assets are then split equally so that they each have £300,000. Betty [...] Those prudent folk who have made a Will may think that the matter is ‘done and dusted’ for them. Job done! However, many Wills are declared invalid by the Probate Registry due to defects in the attestation (signing procedure) or because of damage/alerations to the Will. Many Wills are invalidated because they were made before someone got [...] What is sometime called Second Marriage Syndrome is an inelegant term for a situation where a parent remarries and goes on to own all or most property jointly. This can have serious consequences for the children. If that parent dies before the new spouse does, with or without a will, jointly owned property stays with the [...] |
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