It is becoming ever more important for people to consider their digital assets, particularly when considering their Will. As such, The Society has been working with Safe 4 – information management in creating an online tool for both the Will Writer and their client. The tool, a Digital Inheritance Vault will provide a means of allowing the...
Mental Capacity concerns being in position of sound mind and being able to make your own decisions. It is ultimately governed by the Mental Capacity Act 2005. There are a number of things that can impair your mental capacity and cause you to lose mental capacity. Examples could be: A stroke Dementia A brain injury...
Are you looking for a new career ahead of the New Year? Do you want something flexible to fit around existing commitments? Are you looking for a little extra income? Is the answer to these questions is YES then a career as a Will Writer (more commonly known as a ‘Estate Planning Consultant’) could...
For over a week, the European regulation 650/2012 more favourably known as Brussels IV has been in force. What this means is that where the application of succession law is brought into question across participating member states, this regulation will apply. In short the country of the deceased’s last habitual residence will have jurisdiction over...
The Role of an Executor In short the role of an Executor is to distribute the estate of the testator in accordance with the wishes dictated in the Will. Quite often this will mean drawing in assets and paying any liabilities owed before being able to make any of the gifts. Choosing an Executor The...
The Society of Will Writers have been in existence for over 21 years. In that time it has grown to become the largest independent trade association of its type regulating nearly 1800 members. Over the years in the absence of any formal statutory regulation for the Will writing profession, Brian McMillan, Director General for...
Ilott v Mitson – Will this affect future claims? The case of Ilott v Mitson is one which, by now, you will be most familiar with. The recent Court of Appeal ruling received huge publicity and concerned a claim for reasonable financial provision under the Inheritance (Provisions for Family and Dependents) Act 1975 by an...
Have you given any thought to what would happen to your business or businesses if you died or lost capacity? If you haven’t planned for your business succession then you could be lining your family or employees up for some sleepless nights. Not having a ‘business will’ or ‘commercial LPA’ in place which would...
Over half way through the year, New Year’s resolutions seem to be a thing of the past. If a fresh challenge or embarking on a new career was something you were thinking of and haven’t got around to there’s no need to put it off. Will writing or Estate Planning as we like to call...
Let’s face it, we are all going to die at some point. We don’t know exactly when this will be so we need to be prepared, yet so many of us put it off thinking it can wait. This series of points has been designed to give some ‘need to know’ information on will writing...
The Society of Will Writers is a non-profit making self-regulatory organisation whose primary objectives are the advancement, education and ethical standards within the will writing profession.
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