Winnie the Pooh day got us thinking: how can we bring a bit of that wisdom into the advice we give our clients. Whilst you may not be a honey-loving bear in Hundred Acre Wood, uttering the phrase "Think, Think, Think" when faced with a puzzling problem, it is perhaps a sentiment often echoed when considering personal legal matters.
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Latest Making a Will articles
Also known as an advance decision or advance medical directive, a Living Will is an anticipatory document used to record views on life-sustaining medical treatment in the event you should you suffer an incurable or irreversible illness and are unable to make decisions regarding your medical treatment.
Since the sad news of Argentine football icon Diego Maradona's death, there has been a lot of speculation about his wealth and who will be entitled to a share of it. Of course Maradona was a unique character, but no matter what your family circumstances are or the value of your assets, making a Will allows you to clearly set out what you would like to happen after you die. It will help to reduce the chance of any costly surprises for your family and upsetting situations like the one Maradona's family are likely experiencing.
A recent case in England has ruled that an executor (the person responsible for administering a deceased person's estate) can be replaced by their attorney for the purpose of the estate administration if they have lost capacity. But what is the position here in Scotland in such a situation?
Making a Will is very rarely associated with younger generations despite the fact they are often starting out on the property ladder. Personal mortality is often the last thing on a first-time buyer's mind. However, it is never too early for young buyers to ensure they have their Will in place