Entries by Caitlin Longland

Private Client FAQs

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1. Why do I need a Will? A Will allows you to control what happens to your estate after your death and to appoint people to manage your affairs. Without a valid Will, the intestacy rules determine how your estate is distributed, which may not reflect your wishes. 2. Does my executor need to be […]

What happens to my children when I die?

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What happens to children under 18 when you die will mainly depend on two things: whether you have named a guardian in a valid Will, and whether another parent with parental responsibility is still alive. If you have named a guardian and there is no surviving parent with parental responsibility, that guardian will usually be […]

What is a trust and do I need one?

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A trust is a way of managing your money, investments, land or property. It is a legal arrangement where someone (the Settlor) puts assets into a trust and appoints people called trustees to manage them for the benefit of others (beneficiaries). Once assets are placed into a trust, the trustees control them and must manage […]

Why should you update your Will regularly?

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A Will is not something you can simply set aside and forget. As life evolves, your Will should evolve with it. It is good practice to review your Will every 3-5 years or sooner if you experience a significant life change such as: Marriage or divorce The arrival of children or grandchildren Buying or selling […]