8 life events that should trigger a Will update
partners • 11 March 2020
Life isn’t predictable nor does it happen in any specific order. Some people may get married at 21 or others at 60. Some may get divorced while others may have an opportunity to move to a new continent every few years. Whatever path we are led down in life, there is one thing that applies to us all – we will experience events that trigger the need to create and update a Will.
Following a bereavement, there are a number of tasks to be considered which can make an already difficult time even more challenging. Unfortunately, these tasks can often be complex and can include dealing with complicated legal and tax affairs. The process of dealing with someone’s affairs after they have passed away is known as estate administration, which is often misunderstood with the term probate. Although both terms are associated with the same process, they each have different definitions.
Following a bereavement, there are a number of tasks to be considered which can make an already difficult time even more challenging. Unfortunately, these tasks can often be complex and can include dealing with complicated legal and tax affairs. The process of dealing with someone’s affairs after they have passed away is known as estate administration, which is often misunderstood with the term probate. Although both terms are associated with the same process, they each have different definitions.
The Argentine football icon, Diego Maradona, passed away in November after suffering a heart attack at the age of 60. Maradona’s passing has caused speculation about his wealth and complicated financial legacy, as it’s been suspected that he passed away without a Will.
The Argentine football icon, Diego Maradona, passed away in November after suffering a heart attack at the age of 60. Maradona’s passing has caused speculation about his wealth and complicated financial legacy, as it’s been suspected that he passed away without a Will.
In February 2020, the heartbreaking news broke that Caroline Flack, the popular TV and radio presenter, best known for presenting Love Island, sadly took her life at the age of 40.
In February 2020, the heartbreaking news broke that Caroline Flack, the popular TV and radio presenter, best known for presenting Love Island, sadly took her life at the age of 40.
It’s a thought no one enjoys pondering, but what would happen if we fell ill or had an accident and were unable to make important decisions for ourselves? Many people believe this only applies as we get older, however, no one is immune to an unfortunate circumstance, which makes it all the more important to think about and plan for sooner rather than later.
It’s a thought no one enjoys pondering, but what would happen if we fell ill or had an accident and were unable to make important decisions for ourselves? Many people believe this only applies as we get older, however, no one is immune to an unfortunate circumstance, which makes it all the more important to think about and plan for sooner rather than later.
As of September 2020, the Wills Act 1837 will be amended to allow the two Will witnesses to be virtually or physically present.
As of September 2020, the Wills Act 1837 will be amended to allow the two Will witnesses to be virtually or physically present.
