WillPack

Duty of Care – Taking Will instructions

What considerations are there when taking will instructions? As part of our process, we will usually issue drafts to you via e-mail and ask that you respond to us within 10 working days. As soon as you have accepted the instructions from your clients you then have a duty of care to keep time delays … Read moreDuty of Care – Taking Will instructions

Statutory Wills – What are they?

Statutory Wills are made by the Court of Protection on behalf of an individual who no longer has the capacity to make a Will as defined by the Mental Capacity Act 2005. The capacity of the testator must be addressed when considering the need for the Court of Protection to make a Will on the testator’s … Read moreStatutory Wills – What are they?

Will Storage and Remote Attestation Forms

A case of a lost Will can be very stressful whilst the testators’ family are already going through a difficult time following their loss, meaning a Will storage option should be offered to the client so the Will is kept in a safe place. WillPack are often asked if we offer Will storage. Unfortunately, we … Read moreWill Storage and Remote Attestation Forms

Disabled/Vulnerable Person’s Discretionary Trusts

The Disabled/Vulnerable Person’s Discretionary Trusts These are useful trusts to use when your client has a child or another relative with a disability and who needs constant support. If this person inherits from a Will directly, this may affect what disability benefits they may receive. We can put the assets into a Discretionary Trust with … Read moreDisabled/Vulnerable Person’s Discretionary Trusts

Introduction to Guardianship

Appointment of Testamentary Guardians The appointment of testamentary guardians is rarely considered by parent, but it is highly desirable that they should consider who should look after their children if both were to lose their lives while their children are under eighteen. The appointment of a testamentary guardian can only be made by a person … Read moreIntroduction to Guardianship

Could Changes to the Taxation of Pilot Trusts Affect You?

Following the Chancellor’s Autumn Statement at the end of 2014, legislation is now going through parliament which aims to limit the use of ‘pilot’ trusts. Pilot trusts are an accepted form of Inheritance Tax (IHT) planning, commonly used to reduce the impact of the special IHT regime which applies to trusts, known as the ‘relevant … Read moreCould Changes to the Taxation of Pilot Trusts Affect You?