It may be overlooked, but it’s vital to consider how your loved ones will be safeguarded in the future. In his popular show “After Life,” Ricky Gervais said, “Nothing’s as good if we don’t share it, and this is very true.” Making sure you have the opportunity to share as many of the activities you like and have created a life with those you care about is at its heart.
Planning for Succession
For most people, failing to leave a Will might be dangerous. For many of our clients in the LGBT+ community, ensuring that wealth is passed on through a Will is critical, as well as planned preparation around it. We help identify and bring into fruition your main objectives (you’re ‘why’) through identifying these at the outset so you can enjoy peace of mind everything is in order.
Most of the UK population still doesn’t have a Will. This is despite the fact that the rules in place, known as the ‘rules of intestacy (which dictate how a person’s estate devolves in the absence of one) are often wildly out of touch with what the person who died would want. For example, it’s usually a huge shock to long-term partners who aren’t married or in a civil partnership when their partner dies, that they do not stand to inherit as the law would have it. It’s devastating to see that they’re left with nothing unless their loved one made a Will. However, all is not lost. Our Wills, Trusts and Estates Disputes team can assist a person who was living with their partner in the same household as if they were part of a married couple or were civil partners through making a ‘claim’ against their loved ones’ state. This is as long as they lived together for the two years before they died. A solicitor can then help in making an application for ‘reasonable financial provision. As this route can be difficult, uncertain, and costly however we always recommend a Will is made to avoid heartache.
Most of the UK population still don’t have a Will. This is despite the fact that the rules in place, known as the ‘rules of intestacy’ (which dictate how a person’s estate devolves in the absence of one) is often wildly out of touch with what the person who died would want. For example, it’s usually a huge shock to long-term partners who aren’t married or in a civil partnership when their partner dies, that they do not stand to inherit as law would have it. It’s devastating to see that they’re left with nothing unless their loved one made a Will. However, all is not lost. Our Wills, Trusts and Estates Disputes team can assist a person who was living with their partner in the same household as if they were part of a married couple or were civil partners through making a ‘claim’ against their loved one’s estate. This is as long as they lived together for the two years before they died. A solicitor can then help in making an application for ‘reasonable financial provision’. As this route can be difficult, uncertain and costly however we always recommend a Will is made to avoid heartache.
Most of the UK population still don’t have a Will. This is despite the fact that the rules in place, known as the ‘rules of intestacy’ (which dictate how a person’s estate devolves in the absence of one) is often wildly out of touch with what the person who died would want. For example, it’s usually a huge shock to long-term partners who aren’t married or in a civil partnership when their partner dies, that they do not stand to inherit as law would have it. It’s devastating to see that they’re left with nothing unless their loved one made a Will. However, all is not lost. Our Wills, Trusts and Estates Disputes team can assist a person who was living with their partner in the same household as if they were part of a married couple or were civil partners through making a ‘claim’ against their loved one’s estate. This is as long as they lived together for the two years before they died. A solicitor can then help in making an application for ‘reasonable financial provision’. As this route can be difficult, uncertain and costly however we always recommend a Will is made to avoid heartache.
Find out more about wills and trusts from www.ashrea.com
