Caroline Britain Wills & Trusts

Without a valid Will, grant of probate upon death may be delayed significantly, placing your loved ones under financial pressure at an extremely stressful time.

For an information pack and prices, please drop an email to [email protected] and I'll be happy to help you with your needs.

I've been away for 3 weeks and sadly unwell this last week so anyone who has asked for an information pack and prices, please bear with me. Thank you.

If anyone wants an information pack and prices for my Will Writing Service please drop me an email : [email protected] and I'll get back to you as soon as possible. Thank you.

Please note. I will be out of the office from 14th June until 6th July. Any enquiries will be dealt with on my return as I will only have periodically access to the Internet.

Really exciting news!
I'm partnering with a Solicitors practice to be able to offer LIVING TRUSTS to clients where appropriate.
This means that you sign your property over to your beneficiaries while you are still alive, so as to avoid long term care costs if and when that time comes.
It's not a decision to be taken lightly and is not appropriate for all those who request this service.

The new "no fault" divorce filing was launched yesterday.

When you divorce, your finances are scrutinised, usually to arrive at a settlement between you and your partner.

While divorce DOES NOT automatically revoke your existing Will, it is certainly worthwhile reviewing your Will as part of your financial assessment.

Is your settlement agreed upon?
Does your Will make adequate provision for your family?
Do you have a new partner?
Have you moved to a new property?

If you answer "yes" to any of these questions, please drop me an email and I'll go through an overview for you.

[email protected]

https://www.gov.uk/government/news/new-divorce-laws-will-come-into-force-from-6-april-2022

Making a valid Will is the only way to ensure that your wishes are carried out after your death. If you have not made, or do not have a valid Will, your property will pass according to the Law of Intestacy.

This may not be what you would have wanted and it's likely to take longer to finalise than if you had made a Will. During this time your beneficiaries may not be able to draw any money from your estate and it can lead to financial distress for your relatives.

If you are single:
You might want your estate divided amongst friends, relatives and charities of your choosing and in the proportions you want.

If you are married:
Don’t assume “my other half will get everything”. Brothers, sisters or parents may have a claim. Often your children have a right to part of your estate. If you are living as a couple but not officially married, you may be treated as a single person and a surviving partner may get nothing at all. One thing you can be certain of – there will be arguments and disputes at a time when the family should be coping with the loss of a loved one.

If you are a parent:
You should consider who you would like to look after your children in the event of your death. This is particularly important in the case of single parent families or unmarried parents living together. A valid Will nominating guardians is invaluable in such cases. If no one knows what you would have wanted, the Court will decide on the future of your children, and it may not be what you or your children would have wished.

If you are retired:
Maybe you made a Will a long time ago. It probably needs updating to include additional grandchildren or deletion of persons you no longer feel you wish to leave anything to.

Drop me an email: [email protected] and I'll send you an information pack.

Here's an interesting article on Trusts, these are especially important to be considered if you have children who are minors and would need appropriate guardianship should the worst happen.

https://www.willwriters.com/blog/basics-bereaved-minor-young-persons-trust/

I sometimes just don't understand the humanity of people when it comes to money.

I had a lady message me this morning. Single Mum, one young child with her ex-partner who suddenly passed away, leaving no Will (intestate).

His family have closed ranks and no money has been/is being provided for the upbringing of the little one, he regularly paid maintenance.

My question is this, how can the grandparents of this little one offer/provide nothing to their grand child?

Needless to say that the single Mum has been quoted a great deal of money to challenge this in the courts.

I'm doing everything I can to find a cost effective recommendation for gaining some sort of resolution for her.

I'll keep you all updated with her situation. My heart goes out to her.

This sad case study is yet another reason to have a Will, even if you are a young, seemingly healthy individual.

For an information pack and prices drop me an email:

[email protected]

When a family separates or divorces, assets are usually divided up during that process.

It's important to ensure that long term, your assets are protected, especially if your ex-partner is going to be the natural guardian of your child/children.

Imagine the complications that might bring if your separation wasn't amicable?

Drop me a message on here or send me an email: [email protected] for some information.

Hosted Warwick Buzz this morning at The Old Coffee Tavern in the town centre. Really great turnout. Lots of small business owners finding out about one another and making real connections. Business Buzz Warwick Face-to-Face Networking October 2021 loved it!

"I’m too young..."
You’re never too young to take control of what will happen in the future. Even if you don’t own a property and have no money in the bank, you do have things to leave. Digital assets such as the photos on your phone or your social media accounts have value and not only sentimental value. Making a will allows you to say who takes control and inherits your digital and other possessions as you build them up.

"I’m single..."
Whether it’s a sibling, a parent, a godchild, a friend or a charity, we all have people or causes we care about. A will allows you to clearly state who you want your estate to go to and means your estate won’t pass under the intestacy rules, which may bear little or no resemblance to what you would have wanted to happen.

"My partner and I have lived together for years, so everything will automatically pass to them"
Even if you and your partner have lived together for years, without a will they have no entitlement to your estate., They’ll have to go to court and make a claim instead.

"I’m married so I don’t need a will for my spouse/civil partner to inherit"
The value of your estate and whether you have children can affect how wealth passes to spouses/civil partners so don’t take the chance – if you want your spouse or civil partner to inherit, say so.

"I’ve got a young family and don’t have time"
Life can be hectic but making a will is crucial to ensure that your children are properly supported if you were to die before they reach 18 (16 in Scotland). Not only does a will allow you to appoint guardians and makes sure that social services or the family courts won’t be left deciding what’s best for your children, it also allows you to say when and how you would like them to inherit their share of your estate.

Drop me a message and I'll send you an information pack.

Have you heard of Deliberate Deprivation of Assets?

Do you have a relative with assets who may in future need long term residential care?

Drop me a message with your email address and I'll send you a very interesting FREE guide, put together by Age UK.

At the same time I'll send you an information pack regarding Will Writing and Trusts.

✨Hi everyone. Please note that I have slots in my diary this week for will consultations. PM me with your email address and I'll send you an info pack ✨

One can only imagine the long, legal process this family are going to have to go through. Making a new will at 81 years of age, do you think that cognitive decline might be sighted in the case?

I'll be following this case closely.

If you've got all your faculties and still don't have a will, consider making one. Email me for an information pack.

[email protected]

https://www.dailymail.co.uk/news/article-9850461/Late-owner-1-2B-Scholastic-publishing-cuts-family-leaves-company-past-flame.html

Heir of $1.2B Scholastic publishing will be late owner's past flame The longtime head of the $1.2billion Scholastic Corp. - M. Richard Robinson Jr. - died unexpectedly in June and shockingly left the company to past flame Iole Lucchese.

Life changing events are one of the key things to consider when Will Writing, including:

Marriage
Divorce/Separation
Children Being Born
Medical Diagnosis
Moving House
Buying Your First Home

There may also be protection recommendations as part of this review and process. I can help you with both.

[email protected] and I'll send you an information pack.

I've helped 4 clients this week so far with writing out their WILL.

2 blended families that needed trusts, to ensure a fair distribution of their joint estate and 2 more straightforward mirror wills.

Making a WILL is nothing to be afraid of, I keep it as lighthearted as this serious subject can be.

Call me on 07814 745539 or email me [email protected]

If you haven't checked your Protection Policies lately, book yourself in with me for a FREE Protection Audit.

[email protected]

Tel 07814 745539

https://www.dailymail.co.uk/money/news/article-8686339/Insurers-say-terminally-ill-not-sick-payout.html

Insurers who say terminally ill are not sick enough to get a payout Grandfather of seven Peter Bull, 66, (pictured) who was diagnosed with prostate cancer in 2015, is unlikely ever to receive his £150,000 payout from Aviva after his claim was rejected.

Continuing my Case Study Series for the remainder of this week, here's Becky's story.

If Becky's Adviser had considered alternative options for her, she wouldn't be in the position she is in - struggling to get life cover after her cancer diagnosis.

Becky would have been far better not having a "joint life" policy, but a DUAL policy, which for a few extra ££'s a month would have remained on risk after her husbands passing.

This policy would have effectively given her family her DOUBLE the cover, to ensure peace of mind for her children.

Take advice, book a FREE Protection Audit today.
07814 745549
[email protected]

So yesterday I attended a webinar on claims statistics for 2020 with AVIVA.

Among the tables and graphs showing which life policies were claimed on, was this case study. It nearly brought me to tears.

Little Lydia pictured was diagnosed with OVARIAN CANCER at the age of 4. Her parents had taken out Life and Critical Illness Cover on their mortgage.

Part of their policy had a Child Cover element. They received a lump sum upon her diagnosis of £25,000 which helped with the added costs of her hospital appointments which were outside of their county.

Thankfully, Lydia has made a full recovery and is in remission.

Does your Life Policy have Critical Illness Cover?
Does your Life Policy have Child Cover?
Does your Life Policy Cover all your current debt?

Let me do a Protection Audit for you FREE of charge. If you have the right protection in place, you'll go away with peace of mind.

Call today 07814 745539
email [email protected]

*IMPORTANT INFORMATION REGARDING WILLS AND TRUSTS*

If you die without a Will you could be leaving your loved ones with a nightmare. Check out the chart below that explains intestacy (what happens when you die without a will...)

For a no obligation information pack, send me an SMS with your email address, or drop me an email and I'll send one out to you.

[email protected]
07814 745539

As we approach the end of Stress Awareness Month, it's worth noting the following.

The main cause of STRESS among UK adults is financial insecurity.

The good news is that income protection (IP) can help to safeguard a person's salary should an illness or injury lead to a loss of income.

Given the fragile state of people's finances across the UK, the benefits of these policies should be clear, yet over half (53%) of UK adults still don't hold any type of financial protection at all.

For those who are self-employed, the figures are even more worrying.

The Exeter's research found that fewer than one in 10 of these workers have an IP policy in place, even though nearly a fifth have no savings to fall back on.

This situation is made worse by the fact that this group typically doesn't qualify for employee benefits, such as sick pay.

A key driver behind the low uptake of IP is the fact that people are generally reluctant to talk about or even consider the financial implications of illness or injury, and instead adopt the ‘it will never happen to me' attitude.

Talk to me about how I can help with your Income Protection cover.

[email protected]
07814 745539

***60% of UK Adults do not have a WILL in place***
This is an all-time high, passing the previous peak in 2011.

Over 31 million now run the risk of dying intestate and having their estate distributed solely according to intestacy law.

This is a particular problem for those with step families, or who live together unmarried.

Those aged 55 and over are three times more likely to have a will than those aged 18-34. However, even in this age group more than a third (37%) don’t have a will.

The 35-54 age group are notable laggards. In spite of having dependents and major financial commitments, three quarters have not laid out how they want their assets to be distributed.

It's pain free and not expensive to sort out, just some personal questions and details about your assets and liabilities is asked for.

Drop me a line today and I'll send you over some information

07814 745539
[email protected]