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.
Many couples who plan to divorce live separately for several years. Also, some married couples do not intend to divorce or reconcile and simply live as estranged partners for the rest of their lives. However, staying married to a partner with whom you are no longer in a relationship may have unintended consequences for your estate.
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.
It can be difficult to think of a time when you are no longer around, but it is essential that you prepare your loved ones as part of the estate planning process. Raising your wishes with your family and friends can make it much easier for them when the time comes and can allow you to feel confident that your affairs are settled. In this article, we look at why you need to talk about these uncomfortable topics and how to make sure it is as straightforward as it can be.
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.
If you have worked hard throughout your life to save for retirement, you want to be sure that should anything happen to you; your hard-earned savings can benefit your loved ones. Pensions should be a crucial part of estate planning as they are often some of the most valuable assets we own. In this article, we look at ways to pass on your pension, how to make pension contributions for loved ones, and why contributing to your own pension could be an effective form of estate planning.
