Kwil Blog
What effect has the Covid-19 outbreak had on Will-Writing?
In light of the Coronavirus pandemic, and its drastic effects on social mobility and health in the United Kingdom over the past weeks, many people have rightly thought about making their wills. But as many solicitors’ offices and will-writing services have shut at this time to prevent the spread of the infection, there have been many questions surrounding how this important task can still be completed.
30th March 2020
Caroline Flack and what happens if you don't make a will.
Following on from the tragic death of Caroline Flack now comes the news that she died without making a will.
2nd December 2020
Kate Garraway and lasting powers of attorney
The recent plight of TV host Kate Garraway and her family highlight that not only are Lasting Powers of Attorney crucial to have in place but that they are also not just for the elderly.
19th November 2020
Who would you NOT want to make your decisions for you?
When you make a Will you can decide not to include people who you don’t want to benefit from your estate. You can even go as far as to explicitly exclude them and direct your executors to resist any claim that they may make on your estate.
19th November 2020
The most common misunderstandings about Lasting Powers of Attorney
Many people can find the concept of LPA’s confusing and it is easy to see why. They are important but complex documents. Here we will list the most common misconceptions that we come across when advising our customers on LPA’s
19th November 2020
Unclaimed assets – don’t let it be you.
The five main high street banks have declared that £137 million of unclaimed money laid dormant in 2019 (this is monies that have laid dormant for 15 years plus). This figure is growing every year and is mainly due to the number of unclaimed accounts and pensions that are left unadministered, or are simply forgotten about.
19th November 2020
Do you know what happens to your digital assets on your death?
When making a will, most people will consider which assets they wish to leave to their respective beneficiaries. Money, jewellery and cars are just some of the many items that people will specifically refer to in a will. But what about digital assets?
2nd NOVEMBER 2020
Deathbed gifts – what are they and are they valid?
Detailing what gifts you want to make when you pass away is usually dealt with by making a will where you can set out all of your wishes. According to the Wills Act 1837, this must be in writing and signed by the testator in the presence of two or more independent witnesses who are present at the same time.
30th October 2020
Jointly owned property and lasting powers of Attorney
It is fairly common for a couple making Lasting Powers of Attorney to appoint each other as their sole attorneys. It makes sense to let your spouse/partner make decisions on your behalf without someone else having to be involved.
28th October 2020
Do I need a Solicitor?
Death is a difficult subject, both emotionally and legally. It can conjure up images of complicated discussions with those who are, professionally, best able to prepare for it. For some, this means contacting the family solicitor. For others, it perhaps means finding one in the first place. But are lawyers essential at all at this stressful stage in our lives?
30th March 2020
DIY Wills
According to the law, anyone can make a will. Theoretically, all one needs is a piece of a paper and a pen. Is it advisable? No, but there are lots of do-it-yourself kits available as templates for this purpose.
30th March 2020
Why is writing a Will so important?
It may come as some surprise to hear that only about half of Britons have written their will. Perhaps many have put off preparing for the end as it’s too grim a subject, or simply because it sounds too daunting. But it is an immensely helpful thing to have, and not at all too much trouble to do. Thanks to Kwil, you can access, amend and affirm your will from anywhere.
28th March 2020
Different types of Will
There are multiple types of will available, each with their own special benefits. They range from Single Wills, Couples Wills, Mirror Wills, to more complex ones.
25th March 2020
Who Should appear in my Will
Along with a list of your assets, a will must include those individuals or institutions to whom you are leaving your estate. It should also contain the names of certain people who can validate the document, as well as carry out its orders.
22nd March 2020
Gifts and Funeral Wishes in your will
Other than allocating our estate, many of us will have more sentimental instructions that we will want carried out, like the giving of gifts and any other funeral wishes.
18th March 2020
Inheritance Tax - How a Will can Help
We all know the saying that ‘nothing is certain in this world, except death and taxes’. But not many of us realise that tax can have a drastic effect on those we leave behind. With inheritance tax potentially taking a great deal of our estate away from our loved ones, writing a will can help avoid it being applied and ensure our loved ones get as much of our estate as possible.
13th March 2020
Storing and Editing your Will
As highly important documents, a will must be kept in a secure location. Most will-writing services instruct their customers to put them in storage, but there are better ways of ensuring your documents are kept safe. Thankfully, Kwil can provide you with the best security available, as well as the chance to amend your will from wherever you are.
10th March 2020
What happens to my house if I die?
As probably your most valuable financial asset, it is important to know exactly what will happen to your home once you’re gone. Writing a will makes certain that you have your say on this important issue.
