Wills
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Have you made a will? Recent research shows that only half of UK adults over 30 have a will in place. Indeed, many of those who do have a will may need to update it. 4 to 10 March 2024 is Update Your Will Week, so let’s look at why this is important. | Do You Have A...
Dealing with a deceased person’s estate involves gathering in their assets and distributing them in accordance with their will. If there is no will the ‘rules of intestacy’ apply. Finding out what assets a person had used to be a fairly simple task. The process...
In a study by IRN Legal Reports and reported today in Today's Wills and Probate, reports that only 35% of UK adults has made a will. The percentage is even lower in Yorkshire, where only 28% of adults have made a will. Perhaps as...
If you want to make a will there are a few options: Have a go at it yourself Use an unregulated will writer or Use a specialist solicitor. | Can I write my own will?A will is such an important document that it really is worth doing it properly. The laws surrounding...
At Levi Solicitors, we are always working on ways to make life easier for you. Recently we have looked at how we can make making a will or lasting power of attorney, or dealing with the estate of a deceased loved one, simpler and more efficient. Many of our wills and...
When a person dies without leaving a will, it is known as dying ‘intestate’. If someone dies without making a will, the Rules of Intestacy will determine how the estate will be administered. This will also apply where someone made a will in their lifetime, but it is...
Buying a house is undoubtedly one of the biggest investments you will ever make and perhaps the most valuable thing you will ever own. It is likely, therefore, that you will want to protect it and make sure your home passes on to your loved ones when you die. We know...
We are proud to be working with St Gemma's Hospice this October for their Make a Will Month. St Gemma's Hospice is a Leeds-based charity providing care and support for those who are local with life-limiting and terminal illnesses. The Hospice itself is located in...
There are many advantages to making a will. Mostly they allow us to decide what happens to our assets after we die. The same advantages extend to wills for business owners: you can make a will to provide security over businesses when you are no longer around. Business...
IHT is a tax on the estate of someone who has died. Most often, an estate will include all property, possessions and money owned by the deceased at their time of death. It is a tax that does not apply to every estate and is only payable by estates with a value greater...
| What is a PIT? If you currently receive means tested benefits and are due to receive a compensation payment for an injury, you may lose some or all of your entitlement to the benefits if your capital goes above the capital limit. Placing a compensation payment into...
A will is a legally binding document that manages and plans distribution of your assets, such as investments, money, property and possessions, upon your death. A will can also appoint guardians for your young children so that they are cared for should you pass away...
If you are no longer able to make life decisions for yourself a Lasting Power of Attorney makes life easier for your family or loved ones. There are two types of Lasting Powers of Attorney: Lasting Power of Attorney - Property and financial affairs This type of...
A new report from the SFE (Solicitors for the Elderly) and Centre for Future Studies has recently revealed that the UK is leaving medical and care decisions to chance. The report looks at the ever-increasing number of people living with dementia. This, combined with...
