Many individuals consider creating a DIY Will to save on legal fees, but this decision can lead to unforeseen challenges and expenses for family members,
Many people believe that a person’s will is set in stone once they pass away. That’s not entirely true. Under English and Welsh law, there
Quick answer When a UK bank account holder dies, the bank must freeze the account as soon as it learns of the death, meaning no
Quick answer A settlor-interested trust in England and Wales is a trust where the person who creates it (the settlor) retains some benefit from the
Quick answer UK executors face personal liability for breaches of their duties under the Trustee Act 2000 and the general law of fiduciary obligations. The
Quick answer In the UK you can access a deceased person’s bank account without a grant of probate in three main scenarios: (1) balance under
Quick answer Whether you need UK probate depends on the estate’s assets and each institution’s threshold — there is no single ‘small estate’ figure in
Quick answer If an estate is insolvent in England and Wales, the deceased’s debts typically exceed their assets, and creditors may not be paid in
Choosing the right executor for your will is a crucial decision that ensures your estate is managed according to your wishes after you pass away.
Quick answer In England and Wales there is no formal ‘reading of the will’ after death, that scene from films isn’t UK practice. After death:
Navigating the complexities of estate planning can feel overwhelming, especially when it comes to understanding the probate of a will. At MP Estate Planning, we
Quick answer An executor’s bank account is a dedicated, separate account opened in the name of the deceased’s estate (e.g. ‘The Executors of [Name], Deceased’)
Quick answer Probate and Letters of Administration are both legal documents used in England and Wales to administer an estate, but they apply in different
Quick answer UK probate fees in 2026 are: £300 for estates over £5,000 (the fee was raised from £273 to £300 in May 2024 and
Creating a valid will is one of the most crucial steps in securing your future and protecting your loved ones. A will outlines how your
When a loved one passes away, dealing with their estate can be a challenging task. If a will cannot be found, it can complicate matters
Protecting your family’s assets is one of the most important things you can do. Estate planning gives you the tools to manage your legacy, look
Life is full of challenges, and securing our assets is key. Ensuring our loved ones are taken care of is vital. Wills and trusts are