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A will, or a last will and testament, is a legal document that describes how you would like your property and other assets to...
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If you don’t have a legally binding will in place before you die, the law of England and Wales will follow the rules of...
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Very much so. In 2013, after a lengthy consultation, the British government confirmed their belief that the will-writing market should be diverse and not...
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No. The British government confirmed in 2013, after a lengthy consultation, that the will-writing market should be diverse and not limited to solicitors.
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In the UK, there are specific rules and regulations that dictate the fate of a business upon the death of its owner.
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For any parents, ensuring their children's well-being and protection, especially in their absence, is paramount.
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When someone dies, it's not just their assets that are left behind; they may also leave behind debts.
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Estate planning is not just for the super-rich. Whether you have a sprawling mansion or a small flat, some savings, or even just personal...
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One of the most important elements of drafting your will is appointing an executor. Here, we'll explore what an executor of a will is...
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Upon a person’s death, the responsibility of dealing with their estate often falls to an appointed individual known as the executor.
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Drafting a will is one of the most significant legal decisions you will make. It ensures that your assets are distributed according to your...
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Upon your death, only the designated executor possesses the legal authority to view your will. However, if probate is required to manage your estate,...
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In estate planning, will trusts (also known as testamentary trusts) serve as essential tools in ensuring that a person's assets are distributed and managed...
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As life changes, there may arise a need to make alterations to a will. Instead of completely rewriting the entire will, one can make...
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One of the essential aspects of creating a will is determining the gifts or legacies you want to leave behind. Let’s delve into the...
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When an individual dies without having made a valid will, they are said to have died "intestate." In the UK, specific rules called the...
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The fate of one's home after death is primarily governed by wills, intestacy rules, and sometimes, trusts.
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The process of witnessing and signing a will is key to authenticating its validity. There are strict regulations surrounding this process.
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In drafting your wills and researching estate planning, a term you may come across is "testamentary capacity". It’s essential to understand its significance as...
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Writing a will is an important step to ensure that your wishes are carried out after your death, but the process does not end...
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Once you have drafted, printed, signed, and had your will written, it is paramount that your will is kept in a secure location, both...
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This glossary provides a basic understanding of some of the terminology used in the writing of a will in England and Wales.
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Life Planning & ProtectionShould I Write a Letter to Keep With My Will?
What about those more personal messages and sentiments that one might wish to convey to loved ones? This brings us to the question: Should I write a letter to keep with my will?
What is a “Letter of Wishes”?
In the UK, alongside a will, individuals sometimes prepare what is known as a “Letter of Wishes”. This is a personal, non-legally binding document that is often kept with the will but can be changed without the formalities required of a will. It offers guidance on personal matters and provides additional context or sentiment that the formal will might not capture.
Why Consider Writing One?
- Personal touch: A Letter of Wishes can communicate personal sentiments, memories, and reasons for decisions, adding a touch of humanity to what can otherwise be a very formal legal document.
- Guidance on distribution: While your will might state how assets should be divided, a letter can explain the thought process behind such decisions, helping to reduce potential misunderstandings or disagreements.
- Specific requests: You can detail how you’d like personal possessions to be handled, such as family heirlooms or even personal letters.
- Funeral wishes: While these can also be included in a will, adding them to a Letter of Wishes ensures they’re not overlooked.
Legal Implications
It’s crucial to understand that the Letter of Wishes does not have legal binding in the UK. Beneficiaries or executors cannot be legally forced to follow the guidelines set out in the letter. However, its presence can significantly influence their decisions, particularly if it clarifies ambiguities in the will.
Confidentiality
A will becomes a public document once probate is granted, but a Letter of Wishes remains private. This difference might be crucial for those wanting to share confidential sentiments or information.
Potential Pitfalls
- Conflicting information: Ensure the Letter of Wishes doesn’t contradict the will. If there are significant changes in your wishes, it’s advisable to update your will rather than relying solely on the letter.
- Over-reliance: Remember, it’s not legally binding. Essential provisions should always be included in the will itself.
How to Write One?
- Keep it simple: There’s no set format. It can be as simple as a handwritten letter or a typed document.
- Clear identification: Clearly identify it as a ‘Letter of Wishes’ and mention the date and your full name.
- Detailed explanation: Be clear about your intentions and reasons. It’s your chance to communicate directly with your loved ones.
- Consult with professionals: While not mandatory, consulting with a solicitor can ensure clarity and consistency between the letter and your will.
A Letter of Wishes, when kept with a will, can be an invaluable tool for those left behind. It allows you to impart wisdom, memories, sentiments, and clarity to your loved ones, adding a personal touch to the legacy you leave behind. However, always remember its non-binding nature and consult professionals to ensure it aligns seamlessly with your formal will.
In the end, it’s about creating peace of mind and a clearer path forward for those you leave behind.