A survivorship clause is a clause in a will that makes a gift to a beneficiary conditional upon them surviving the testator by a set period of time.
As part of the Society of Will Writers 25th anniversary year, we are again revisiting IFA’s and other professions in the financial services sector.
By now I’m sure you’ve heard of the Society of Will Writer’s fully endorsed and supported will writing software, Sure Will Writer - Professional Will Suite.
The following article will address these questions as well as some rumours that we’ve heard over the past few weeks regarding the validity of Wills.
I had hoped that we would not see a return to the late nineties when low cost Wills, free Wills were rife within the profession. Unfortunately, we are seeing a resurgence of this practice, which is neither good news for the profession or the consumer as most clients who took these services believing they were paying around £20 a Will, in fact ended up paying several hundreds of pounds to unscrupulous companies.
When it comes to storing legal documents there are a range of options available to you, whether you’re a Will Writer, Solicitor or a client of either.
Undue influence is the act of applying pressure on a person to coerce them, essentially overpowering the individual’s own will.
Spouses and civil partners are afforded certain benefits when it comes to succession law; benefiting from favourable inheritance rights on intestacy and quite generous inheritance tax exemptions.
A person is at liberty to draft their own will if they wish, and therefore pay only for the ink and the paper required to write it or the cost of a DIY kit from a Highstreet stationery shop.
Since New Year's Day the time seems to have flown by and the team here at the SWW HQ are wondering how many people have already forgotten to keep their New Year's Resolution.
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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