Adult Children and Management of their Finances

Adult Children and Management of their Finances

From: Society of Will Writers  When your child is a minor, as the parent, you are able to manage their finances for them. However, what happens when they reach the age of 18 and considered to be an adult? This article will focus on adult children who may suffer from a...
Arranging and paying for a funeral: The things you need to know

Arranging and paying for a funeral: The things you need to know

From: Kings Court Trust  Arranging a funeral is a task that needs to be completed upon a death, but it can make an already difficult time even more stressful for those dealing with a bereavement. We appreciate that there is a lot to think about, so we have created...
Executor Responsibilities in Regard to Debts

Executor Responsibilities in Regard to Debts

From: Assured Probate Services  An executor’s role is to identify estate assets, settle liabilities and distribute remaining property/money in accordance with the will or rules of intestacy. A person’s debts become the responsibility of the estate upon death and do...
Number of Wills & IHT Paid

Number of Wills & IHT Paid

Latest HMRC data reveals that IHT receipts for the period April 2021 to February 2022 now stand at £5.5bn; £0.7bn higher than the same period last year. Also, almost half (47%) of Brits who have a Will haven’t updated it for more than five years, meaning nearly half...
Part 5 | What are the risks involved in being an Executor?

Part 5 | What are the risks involved in being an Executor?

Video Series – Featuring Steve Worsfold and Mike Jenkins Welcome to our Video Series on the role of an Executor.  What does an Executor do? Part 5 | What are the risks involved in being an Executor? Welcome to Part 5 of 5 in our ‘What does an Executor...
Deceased’s nominees can now be given access to Apple iCloud

Deceased’s nominees can now be given access to Apple iCloud

ESTATE ADMINISTRATION: Deceased’s nominees can now be given access to Apple iCloud Apple has released a digital legacy feature allowing account holders to nominate up to five family members or friends who will be able to access their account after they die....