Wills & Probate Archives | CP Law https://www.pro-ea.com/insights/category/wills-probate/ Clear & practical legal advice Mon, 10 Mar 2025 09:49:34 +0000 en-GB hourly 1 Lasting Powers of Attorney – ESSENTIAL FOR EVERYONE, not just the elderly https://www.pro-ea.com/insights/lasting-powers-of-attorney-essential-for-everyone-not-just-the-elderly/ Mon, 10 Mar 2025 09:49:32 +0000 https://www.pro-ea.com/?p=5814 The misconception that Lasting Powers of Attorney (LPA) are only for the elderly needs to be dispelled. While it’s true that many people lose capacity later in life, it can happen to anyone at any age, regardless of gender, background, or wealth. This is crucial because, contrary to popular belief, a spouse, partner, or next […]

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Post Death Variations of an Estate https://www.pro-ea.com/insights/post-death-variations-of-an-estate/ Tue, 11 Oct 2022 10:15:00 +0000 https://www.pro-ea.com/?p=1991 There are occasions when dealing with an estate where a post death variation is required. There are a number of reasons for this but the most common ones are as follows: Considerations when varying an estate post death When exercising post death variations, here are some factors to keep in mind. Updated Will Post death […]

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Lasting Power of Attorney https://www.pro-ea.com/insights/lasting-power-of-attorney/ Thu, 15 Sep 2022 10:36:00 +0000 https://www.pro-ea.com/?p=1999 There has never been a more important time to consider entering into these incredibly valuable documents. I hold them in very high regard as I often see what occurs in the absence of these instruments. Everyone who owns assets should have these along with Wills. Alzheimer’s and dementia Over the last 2 years, I have […]

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What to do if an executor is not taking steps to administer an estate https://www.pro-ea.com/insights/what-to-do-if-an-executor-is-not-taking-steps-to-administer-an-estate/ Mon, 20 Jun 2022 12:21:32 +0000 https://www.pro-ea.com/?p=2028 After a death, the estate’s executor or administrator has the job of winding up the deceased’s affairs. We take a look at what happens if they fail to carry out their role. The task of administering an estate can be time-consuming and is often complex. Where an executor or administrator is not coping with the […]

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78% of those retiring are failing to seek professional advice https://www.pro-ea.com/insights/78-of-those-retiring-are-failing-to-seek-professional-advice/ Mon, 30 May 2022 12:32:30 +0000 https://www.pro-ea.com/?p=2038 Global investment company abrdn have conducted a survey that found that almost four out of five people taking retirement are not seeking professional advice in respect of their financial plans. The survey questioned 2,000 retirees in the UK, finding that 78% have not taken any professional advice from finance experts as to how to manage […]

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How and when should you update your Will? https://www.pro-ea.com/insights/how-and-when-should-you-update-your-will/ Mon, 02 May 2022 12:46:30 +0000 https://www.pro-ea.com/?p=2051 Having a Will in place gives most people great peace of mind, but it is important to review the document from time to time to ensure that it still reflects your wishes. You may decide that you want to distribute your estate in a different way or appoint someone else to act as your executor […]

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The importance of a Will https://www.pro-ea.com/insights/the-importance-of-a-will/ Mon, 11 Apr 2022 12:59:41 +0000 https://www.pro-ea.com/?p=2060 Since my introductory post, I have been back and forth in my own wee brain about what I feel should be my first topic related post. As those cogs began turning, my week somewhat guided me to what I felt was an area in my field which is now gathering pace and is, thankfully, coming […]

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What happens to your estate when you die without a Will? https://www.pro-ea.com/insights/what-happens-to-your-estate-when-you-die-without-a-will/ Mon, 04 Apr 2022 13:05:25 +0000 https://www.pro-ea.com/?p=2062 If someone dies without making a Will, they are said to be intestate. If they do not have any living relatives, then it is the law that their estate will go to the Crown. The Rules of Intestacy provide that where an individual has not left a valid Will, then on their death their estate […]

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Probate and estate administration – a glossary of terms https://www.pro-ea.com/insights/probate-and-estate-administration-a-glossary-of-terms/ Mon, 14 Mar 2022 14:26:00 +0000 https://www.pro-ea.com/?p=2071 Dealing with someone’s estate after their death can involve a number of different terms. Below are some of the most commonly used words and phrases to help explain the probate and administration process. Administrator – deals with the winding up of the estate of someone who died without leaving a Will. This is generally a […]

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More parents decide not to split inheritance equally https://www.pro-ea.com/insights/more-parents-decide-not-to-split-inheritance-equally/ Mon, 28 Feb 2022 14:44:00 +0000 https://www.pro-ea.com/?p=2077 A recent report has found that only half of parents plan to share their estate equally between their children. The report, carried out on behalf of Netwealth and The Money Whisperer®, found that there was a lack of understanding on the part of both parents and young adults in respect of finances and what might […]

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