Murray Beith Murray LLP is a leading Scottish private client law firm.
For 175 years we have specialised in meeting the legal, financial and administrative needs of individuals and families, family trusts, charities and private companies.
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.
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.
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.
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.
The COVID-19 pandemic has changed our lives in many ways. The pandemic has had a wide-reaching impact: from restrictions on how we live our lives to our attitudes towards wealth and finances. Estate planning has also been affected by the pandemic, with many of us being forced to consider what would happen if we were to lose a loved one suddenly. However, it has also brought into focus the importance of assessing your own circumstances with a view to planning for your future security and the security of your loved ones. In this article, we look at some of the things you may wish to consider in light of current circumstances.
