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Murray Beith Murray is a leading Scottish private client law firm.

For over 170 years we have specialised in meeting the legal, financial and administrative needs of individuals and families, family trusts, charities and private companies.

Call us today on 0131 225 1200
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Estate planning in Scotland when you have stepchildren

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Estate planning can be a complicated process, particularly when your family structure includes stepchildren. The Scottish Law Commission estimates that around half of all families in the UK are stepfamilies, with one in eight children being part of a stepfamily. It is clear that stepfamilies are not uncommon, and at present, there have been suggestions for changing the law to ensure that stepchildren have the same rights in inheritance as biological and adopted children. 

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Updating your Will and estate plan after divorce

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Going through a divorce is never easy and can cause much upheaval to your life and future plans. After you have reached a divorce settlement, you may need to reconsider a number of estate planning matters. Most people include their spouse in their Will and give them Power of Attorney. The law does make some provisions for divorce to avoid unwanted scenarios. However, reviewing your Will and ancillary matters is the only way to ensure that your wishes are carried out. In this article, we look at the key things that you should do after divorce.   

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A New Year Estate Planning checklist

adam swayne

New Year can be a great time to start estate planning. It can feel like you are getting ahead on organising your affairs, and is an opportunity to reflect on any changes in your life that have taken place over the last year. If your New Year’s resolution is to get your affairs in order, this article is a good place to start. Here we run through some of the key things you need to consider during the estate planning process. 

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Single with no children – do I still need a Will?

adam swayne

People who do not have a partner or any children can sometimes feel like the estate planning process is unnecessary. With no dependents, they may think that they do not need to worry about leaving provision for a time when they are no longer around.

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Leaving cryptocurrency in your Will

adam swayne

Every year, millions of pounds worth of cryptocurrency is lost forever because the owners of the currency failed to put a plan in place to leave it to loved ones. A 2020 study by the Cremation Institute indicated that 89% of cryptocurrency owners were concerned about what would happen to their cryptocurrency when they die. Despite this, many still fail to make a contingency plan to ensure that it can be passed on. In this article, we look at how to effectively pass on cryptocurrency through a Will.

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