Wills and probate

The unexpected news of Liam Payne’s recent passing shocked the world. Liam was known for his early rise to fame in One Direction and his successful solo career. At the age of 31, Liam left behind a momentous legacy in the music industry, but also a significant financial estate – estimated at £24.3 million. It has recently been reported that Liam died without leaving a Will which was a shock to many.

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You may have seen The Martin Lewis Money Show on ITV recently where he discussed the importance of Lasting Powers of Attorneys (LPAs). I must say I was pleased to see that this was being discussed on mainstream television, as I don’t think they are spoken about enough amongst the general public. It is a topic that comes up often in our Private client department here at Thorneycroft Solicitors. We always try to advise on the importance of these documents to our clients when we are discussing their personal affairs.

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Your Will is one of the most important documents you will ever have the task of writing. It allows you to decide what happens to your assets and how your estate will be managed after your death, eliminating the issues that occur in intestacy. However, there are many complexities that can arise when writing your Will that could make it invalid. We’ve put together a list of the most common mistakes people make when writing their Will and how to avoid them:

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In the latest Legal Slot on Cheshire’s Silk 106.9, Philip Hartley discussed all of your questions surrounding Wills and Probate.

Philip graduated from Staffordshire University with an LL.B. honours degree and LPC in 2006.  He qualified as a solicitor after completing his training contract with a firm of solicitors in Staffordshire two years later. Philip specialises in the administration of estates and also advises in relation to the preparation of Wills, Lasting Powers of Attorney and Court of Protection matters.

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Today’s modern family has embraced a new dynamic with the rise of blended households in the UK. No two blended families are the same, and they bring a unique set of challenges to the forefront of estate planning. As family dynamics evolve, the need for careful planning becomes paramount. At Thorneycroft Solicitors, we’re experts in the complexities that can arise when writing a Will, ensuring the well-being of every family member, and outlining your wishes clearly. In this blog, we delve into the intricacies of navigating complex relationships in estate planning…

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Your Will is unquestionably one of the most important documents you will ever draft. It not only provides you with control, certainty and the peace of mind that your loved ones will be cared for after you’re gone, it also enables you to designate executors, establish a protective framework for your family and prevent potential complications that can arise in the absence of a Will. Maintaining a Will that accurately reflects your current wishes is essential, however, knowing when and how to update it can seem daunting. In this blog, we’ll delve deeper into the process of updating your Will and why it’s necessary.

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Probate is the process of proving that a Will is valid and confirming the right of an individual listed as an executor to administer the deceased’s estate. The process can be complicated and time-consuming, and knowing when you need probate is one of the most important questions to start with. In this article, we’ll take a look at when you need probate and how we can help to ensure that the process is as straightforward as possible and that you and your family are supported.

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A lasting power of attorney (LPA) is a legal document that grants another person the capacity to make certain decisions on your behalf. Many of us have heard of, and understand the importance of making an LPA for Property and Financial Affairs. However, there are now a growing number of people realising the benefits and importance of making a Health and Welfare LPA also.

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When someone passes away without a Will in place, it can be a difficult and confusing time for those left behind. Not only are they faced with the emotional stress of loss, but they are also faced with the legal complexities of settling the deceased’s estate. This is why it is particularly important to understand the rules of intestacy and what happens when someone dies without a Will.

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It is natural that as we age, we start to think about the future, particularly in relation to our care and how fees that occur may affect our assets. If there comes a time when either you or your partner needs to move into a care home, the fees could use up a large part of your assets. Care home fees are inevitable, and there is very little you can do to avoid them. However, there are measures that you can take when planning your estate to ensure that some of your assets are protected. This blog will explain how you can plan effectively for the future.

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