Probate is the process of negotiating an individual's assets after they have passed away. This can include settling debts they may have and/or distributing their estate and wealth in accordance with their wishes. Probate is a relevant course of action whether a will has or has not been written. However, not everyone will need it. If the assets are jointly owned by a spouse or partner, probate will not be needed as the capital will automatically pass over to the joint owner. Probate is only usually needed if the deceased owned property or had over £5,000 in the bank. Who Needs to …
How to Stay Safe When Shopping Online
More people than ever are shopping online. Even before the coronavirus pandemic, online shopping has been on the rise for years. And it isn't hard to see why. Shopping online is faster, easier, and often cheaper than travelling to a physical shop. What's more, with the UK moving in and out of lockdown, online stores can be the only way to get hold of the goods you're after. The benefits of online shopping are clear. For those who are new to shopping online, here are some important safety tips. This article will help you avoid scams and keep your personal information (including bank …
Everything You Need To Know About Lasting Power of Attorney
Power of attorney is a legal document which allows you to make decisions on someone else's behalf, if they are no longer able to act in their own best interests. There are a few different kinds of power of attorney. Which one your loved one needs will depend on their situation. Today we'll be discussing Lasting Power of Attorney. What is Lasting Power of Attorney? Lasting Power of Attorney (LPA) is when you have legal autonomy to act on behalf of someone else. This could be because they are no longer mentally capable of making those decisions, or they no longer wish to make those …
Best Ways to Invest your Money
If you or your loved ones are thinking about investing your money but you are a bit lost on how to begin, this blog is for you! It gathers tips and suggestions to find your way in this somewhat obscure world of finance. Investing your money, this matter may seem secondary to some people. It is quite common to think that people need a lot of money before thinking about investing. But actually, just putting our money in a bank account is a form of investment. So, now that we realise that we are investing our money without really knowing it, it is important to focus on this question: …
A Guide to Pensions
The pension system in the United Kingdom is one of the oldest and most complex systems in Europe. It was developed by entrepreneurs in the form of pension funds at the very beginning of the industrial revolution. As the funded pensions have historically dominated the country for a century, most of the pension burden rests on the shoulders of private sector employees and employers through private insurance. The retirement system may appear very complex, which is why we have created this guide to help you and your loved ones understand it a little better. This guide is dedicated to …
