General Power of Attorney

General Power of Attorney

From: The Will Company A General Power of Attorney (GPA), also know as an Ordinary Power of Attorney, is a type of Power of Attorney that will allow a person to appoint attorneys to make decisions on their behalf. These are not as widely used as a Lasting Power of...
Understanding Co-Ownership, Joint Tenancy & Tenants in Common

Understanding Co-Ownership, Joint Tenancy & Tenants in Common

From: The Will Company Co-ownership of land and property by two or more individuals has some distinct implications. Usually, it may be entirely clear who the owners of a property are, however there are cases where there may be confusion. It is therefore important to...

Common Questions in our Inbox – Discretionary Trusts

From: The Will Company A Discretionary Trust is a type of Trust where the trustees are given complete discretion to pay or apply the income or capital of the assets that are in the Trust, for the benefit of one or all of the beneficiaries. They have control over how...
Ostrich Egg Will

Ostrich Egg Will

From: The Will Company Writing a Will on an Ostrich Egg? To be valid a Will must comply with all of the requirements set out below which is found in section 9 of the Wills Act 1837. No Will is valid unless:- It is in writing and signed by the testator, or by some...
Update on probate delays and how to avoid a stopped application

Update on probate delays and how to avoid a stopped application

From: Kings Court Trust  Bereaved families and estate administrators across England and Wales continue to face delays when applying for a Grant of Representation – the umbrella term for Grant of Probate (when there is a Will) and Letters of Administration (when there...
Vulnerable Beneficiary Trusts – What You Need to Know

Vulnerable Beneficiary Trusts – What You Need to Know

From: The Will Company Trusts for Vulnerable People Some Trusts for disabled people or children get special tax treatment. These are called ‘Trusts for vulnerable beneficiaries’. Who Qualifies as a Vulnerable Beneficiary A vulnerable beneficiary is either...