Tuesday, September 25, 2007

Only Day left to make an Enduring Power of Attorney

Everyone who makes a will should make an Enduring Power of Attorney, it is just simple common sense. Even if you don't have a will you should make an EPA NOW before it's too late.

The facility to make an Enduring Power of Attorney will end on the 30th September 2007! From the 1st October the Enduring Power of Attorney will be replaced by the new Lasting Power of Attorney.

It is widely accpeted that the current Enduring Power is better for most people.

EPAs made BEFORE the 1st October 2007 will continue to be valid.

For further information go to Enduring Power of Attorney

Labels:

Wednesday, August 29, 2007

Enduring Power of Attorney Ending SOON!

After the 1st of October 2007 you will no longer be able to make an Enduring Power of Attorney but will have to use the new Lasting Power of Attorney.

Most advisers recommend that you make an Enduring Power of Attorney BEFORE the cut off date to avoid the new complicated rules and procedures.

You can see more information at www.enduring-power-of-attorney.net

Labels: ,

Saturday, September 23, 2006

Make a Will in Minutes

You can make a fully solicitor checked will ONLINE in minutes for just £29.95 at

www.tenminutewill.co.uk

Monday, June 26, 2006

Main Reasons to Make a Will

It is all too easy to put off making a will. But if you die without making a will your assets may be distributed according to the law rather than your wishes. Many people think that if you die without making a will your assets go staright to your spouse or partner - this is NOT the case

Not making a will could mean that your spouse/partner receives less, or even that the money goes to family members who may not need it or who you did not intend to receive it.

There are two main reasons (from the "financial" perspective) why you should make a will:-

  1. It will mean that your assets and estate including money and property go to the the people who you intended to receive it.

  2. It is often possible to reduce Inheritance Tax by making a will.
The easiest way to make a will these days is to make a will online

In my opinion the best of the Online Will Writers is TenMinuteWill.co.uk

If you are looking to reduce Inheritance Tax you should consider a Discretionary Trust Will. You can make a Discretionary Trust Will Online here


Sunday, May 21, 2006

The Best Way to Make a Will

I am often being asked what is the best way to make a will. Well how long is a piece of string??

What I can say for certain is that what you should NOT do is write it on a fag packet OR use one of the many "forms" for DIY Wills available for Wills on the internet and elsewhere.

The WHOLE point of Making a Will is to ensure that your assets go where you want them to go with the minimum of tax paid. If you use a DIY Will there is a very good chance you will make a (legal) mistake and it will end up costing your beneficiaries a LOT of money.

So what are the options? Well I would suggest that TWO stand out.

Of ALL the options I have seen the Online Will Service from TenminuteWill is head and shoulders above the others. Not just better then the other "online services" but better than ALL the options. It is QUICK, EASY, IMMEDITE (you can print it off straight away). On top of this it costs ONLY £29.99.

In addition is is FULLY solicitor checked so you CANNOT get it wrong.

So... TWO choices - pay a measly £29.99 and get is RIGHT and Quickly, or make a DIY Will, save 29 quid and keep your fingers crossed!! Duhhhh - let me think

Visit the TenminuteWill Website here and see for your yourself!

The 2nd option is to use a high quality Will Writing Service such as WillDrafters Ltd and you can visit their website here. WillDrafters Ltd are recommended by Which? Magazine and you can get their FREE brochure at their website Willdrafters.co.uk

Friday, May 12, 2006

Very Useful Website

If you are looking for information about Wills try this website.

www.free-will.co.uk offers useful and unbiased opinion about Making a Will in the UK.


It has especially good opinion on the pitfalls associated with "free" or "DIY" Wills and a brief comparison of the main Online Will Writing services.

See more at www.free-will.co.uk

Sunday, April 09, 2006

Best Way to Make a Will (update)

Well I have been looking into all this for quite a few months now. It is becoming ever more apparent (in my opinion) that the Online route is easily the best way forward for the vast majority of people.

The main problem with this is two-fold
  1. Some people are a little daunted by doing things online. It is therefore important to ensure that the online provider is easy to use and that help is available throughout the process.

  2. Some of the online providers lack something.
I still believe that the Online Will-Writing service from www.tenminutewill.co.uk is quite easily the BEST of the many options now available.

Why? Simple they cover all the options at a very reasonable price (£29.95). If you find a cheaper online provider they are almost certain to be lacking in some area.

There is an excellent comparison available HERE