Heritage Will Writing

16/06/2026

An estate is the total collection of a person’s assets, property, and liabilities. After a person dies, their estate is the pool of assets and liabilities that must be administered. Typically:

🔹 The person’s assets are identified and valued
🔹 Debts, taxes, and expenses are paid from the estate
🔹 The remaining assets are distributed to beneficiaries according to the will, or according to inheritance laws if there is no will

14/06/2026

An asset is anything of value that a person, business, or organisation owns and that can provide economic benefit now or in the future. In the context of a will or estate, assets are the items that make up a person’s estate and may be distributed to beneficiaries after death.

12/06/2026

A testator is a person who has made a valid will that sets out how their property and assets should be distributed after they pass away.

10/06/2026

The government has launched its long-awaited consultation on reforms that would give cohabiting couples greater financial protections when relationships end, and automatic inheritance rights when a partner dies without a will.

The government has launched its long-awaited consultation on reforms that would give cohabiting couples greater financial protections when relationships end, and automatic inheritance rights when a partner dies without a will. The proposals would also strengthen safeguards for domestic abuse survivo...

09/06/2026

A beneficiary is a named person, group of people or an organisation who benefits from a Will, a Trust or a life insurance policy.

05/06/2026

If you lose mental capacity in England and Wales, your partner can only manage your affairs if you have legally authorised them in advance.

If you do not have an LPA:

🔹 Your partner has no legal authority, even if you are married or live together
🔹 They cannot access your bank accounts or sell property

02/06/2026

At least one executor is required to act on a will. You can name up to four executors who can act at the same time for a single grant of probate. It is common to choose two executors, for both balance and support.

31/05/2026

💷 The current cost to register a Lasting Power of Attorney in England and Wales is £92. This is a one off payment made to the Office o the Public Guardian 💷

29/05/2026

An executor is the person named in a will who is responsible for handling the deceased person’s estate after death. Their role is to make sure everything in the will is carried out properly and the estate is administered legally.

26/05/2026

⚖️ Once you have made an LPA, it is important to register it as soon as possible ⚖️