Insights

Setting up a trust for a vulnerable person

14th Sep 2021

People choose to set up trusts for a wide variety of reasons, but if you have a vulnerable person in your life, we understand that you may wish to protect them and provide for them in some specific way. One such way is to set up a vulnerable person’s trust, which can provide both financial and administrative support. This area of the law can be complicated, but in this article, we aim to provide an overview of why you might want to set up a vulnerable person’s trust, what a vulnerable person’s trust is and the process for setting up such a trust.

Step-families and succession: explained

15th Jul 2021

In many families, step-children are just as close to their step-parents as biological children. However, the law does not provide them with the same protections when it comes to succession. If you die without leaving a Will, the laws of intestacy will govern who inherits from your estate.

Leaving money to charity in your Will – your questions answered

14th Feb 2021

A significant amount of charities’ income is made up of gifts left in Wills. Leaving a gift in your Will to a charity that you support could help them conduct vital research, or support society’s most vulnerable people. Without the support of gifts in Wills, many charities would fail to survive.

Can my Executor also be a Beneficiary of my Will?

9th Nov 2020

A crucial part of the estate planning process is choosing your executor and, for many, this will typically be a loved one such as your spouse or children. However, this raises the question as to whether they can also be named as a beneficiary or if this could cause them to be disinherited from your Will.

Should you have a Scottish or an English Will? Or both?

7th May 2019

While many people appreciate the importance of putting in place a Will, many of those who decide to take this step are unaware that the rules governing inheritance are different between Scotland and England. When putting a Will in place, it is therefore necessary to consider whether a Scottish or an English Will is appropriate. This decision can have a significant impact when distributing your estate at a later date.