Creating a Will or a Mirror Will is a crucial step to protect your assets and ensure your wishes are honoured after your passing. Many people make errors that can cause confusion, delays, or disputes among family members. The most important mistake to avoid is failing to name clear beneficiaries and executors, as this can […]

Writing your own Will might seem like a quick and affordable option, especially with so many online templates available. However, DIY Wills carry significant risks such as being invalid, unclear, or easily challenged in court, which can cause serious problems for your loved ones. Mistakes in wording, incorrect signing, or missing legal steps can mean […]

If you are an unmarried couple living together in the UK, it’s important to understand that you do not have the same automatic legal rights as married couples when it comes to inheritance and estate matters. Without proper estate planning, your partner could face financial difficulties or lose access to shared assets if you pass […]

Knowing when to review and update your will is essential to ensure it always reflects your current wishes. You should review your will every three to five years and after any major life event like getting married, divorced, having children, or moving house. This keeps your will valid and relevant to your situation. Major changes […]

Creating a comprehensive estate plan means combining wills, trusts, and lasting powers of attorney (LPAs) to protect your assets and ensure your wishes are followed. By using all three tools, you can manage how your property is distributed, avoid lengthy legal processes, and appoint someone to make decisions on your behalf if you become unable […]

When planning your estate as a couple in the UK, choosing between Mirror Wills and Single Wills is a key decision that affects how your assets are passed on and how your wishes are honoured. If you and your partner share similar goals for your estate, Mirror Wills can offer a straightforward and cost-effective way […]

Mirror wills are often seen as a convenient way for couples to plan their estates together. However, they can sometimes lead to unexpected problems, especially when circumstances change or when one partner passes away. Mirror Wills can backfire if they are not drafted carefully, resulting in disputes or unintended consequences that may harm the surviving […]

Couples who want to protect their assets and reduce inheritance tax often consider mirror wills. These are paired wills made by two people, usually spouses or civil partners, that have nearly identical terms. Mirror wills help couples plan together to pass on their estate efficiently, often reducing inheritance tax by ensuring assets are passed to […]

When one partner changes a mirror will after the other has died, it is usually allowed and can be done without legal issues. The surviving partner has the right to update or completely change their Will even if it means breaking the original agreement of the mirror will. This means the original mirror will does […]

  Mirror wills can be a practical choice for couples who want a simple, joint approach to estate planning. They allow both partners to make nearly identical wills, usually leaving their assets to each other first, and then to their children or other beneficiaries after both have passed. For many modern families, mirror wills offer […]

A Mirror Will is a pair of Wills made by two people, usually spouses or partners, that contain similar or identical terms. They name each other as the main beneficiary and often include a plan for what happens if both die at the same time. This arrangement helps couples make sure their assets pass smoothly […]

Updating your mirror will is important to make sure your wishes stay clear and relevant. You should review your mirror will every five years or after any major life event, such as marriage, divorce, or a change in your financial situation. This keeps your plans up to date and helps avoid any confusion or disputes […]

Mirror Wills are commonly used by couples who want their estates handled in a similar way. They involve creating two nearly identical legal documents that set out how each person’s assets are passed on. Knowing how Mirror Wills differ from other types of wills is key to choosing the right option. Writing a mirror will […]

Mirror Wills are two separate but nearly identical documents made by two people, usually a couple. Each person writes a Will that "mirrors" the other’s wishes, often leaving assets to each other and then to the same beneficiaries if both pass away. They remain individual documents, so each person can change their Will later if […]

  Many couples use mirror wills to simplify their estate planning, but these documents come with specific risks. One common mistake is not understanding that either partner can change their will independently, which can create conflicts and unintended consequences after one person dies. This can undermine the original intentions behind the mirror wills. Another frequent […]

Married couples often overlook the importance of regularly updating their wills and retirement plans. Life changes such as having children, buying a home, or changes in income can make old plans outdated. Revisiting these plans together ensures they reflect current wishes and financial situations, providing security and clarity for both partners. Many couples hesitate to […]

Many married couples face financial challenges when they reach retirement. Misunderstandings about money, lack of clear planning, and poor communication often lead to costly mistakes. The most important step couples can take is to openly discuss their finances and create a combined plan that covers savings, spending, and bills. Ignoring these conversations can cause disagreements […]

A mirror will is a pair of wills made by you and your partner that are almost identical, often used to protect each other's wishes after one of you passes away. It helps ensure your estate is handled fairly between you both and can make the process simpler and less costly than individual wills. If […]

When planning for your future health care needs, understanding the roles of an LPA and an advance decision is essential. An LPA, or Lasting Power of Attorney, allows you to choose someone to make health and welfare decisions on your behalf if you become unable to do so. In contrast, an advance decision, or living […]

When planning your estate, it's essential to consider how your beneficiaries will be protected from potential creditors. Setting up a trust in your will can shield your beneficiaries' inheritance from being claimed by creditors. This strategy not only preserves their assets but also ensures that your loved ones receive the financial support you intended for […]