Posts Categorized: Wills and Estate Planning
November – The Perfect Month to Make Your Will
Why?… Because November is Will Aid Month and, in exchange for a donation to the Will Aid charities, we at Gebbie and Wilson will write your Will for free! But isn’t it complicated and time-consuming? No, it doesn’t have to be. Indeed there are only two essential elements to your Will – appointment of your… Read more »
Man’s Best Friend? Providing for Your Pet in Your Will
In the US, more than a quarter of people who execute a will make arrangements for the care of a family pet when doing so. These range from the sensible – establishing who will take care of the animal after the owner’s death – to the more extreme – where people leave vast sums of… Read more »
Protecting Your Digital Legacy
The state of Delaware is the first in the US to pass a law giving relatives the right to inherit the digital assets of their deceased family members, reports the Daily Mail. The new law will mean that digital assets, such as email, social media or online bank accounts, can be treated in the same… Read more »
More estates hit inheritance tax threshold
A recent study has revealed that amongst the world’s major economies, European countries tend to impose the highest rates of inheritance tax. The study also shows that the countries with the highest rates of inheritance tax overall are the UK and Ireland. The report, by international accountancy network UHY, quotes the example of an individual… Read more »
Rectifying an incorrectly signed Will
The UK Supreme Court ruled last week that the Will of a man who had signed his wife’s identical Will by mistake could be rectified after his death. It is an unusual case, which highlights the need to take care with the formalities of making a Will. The case concerned a Mr and Mrs Rawlings,… Read more »