wills

UK Will Writing Information




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Making a will is something that, because of the reason why we need to do it, is something that is easily put off - yet can lead to huge problems with probate if you don't write one in time.

Writing a last will and testament (to use the proper phrase for it) isn't as complicated as it used to be, and there are now many places online why you can write a legal DIY one!




Title : The 60 Minute Estate Planner: Fast and Easy Illustrated Plans to Save Taxes, Avoid Probate and Maximise Inheritance
Author : Sandy Kraemer
Rating : 5 Stars out of 5.
Summary : 60 MINUTE ESTATE PLANNER IS A HOME RUN FOR THE CONSUMER

SANDY KRAEMER HAS TAKEN A VERY C0MPLEX SUBJECT AND MADE IT EASILY UNDERSTANDABLE. A PRACTICAL HANDS ON BOOK I WILL USE OFTEN , AND RECOMMEND TO CLIENTS. MARVIN STRAIT CPA PAST CHAIRMAN OF THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS



Title : Living Wills and Enduring Powers of Attorney (Pocket Lawyer S.)
Author : Mark Fairweather
Rating : 5 Stars out of 5.
Summary : Essential reading for everybody over 18 in the UK

Imagine you have become mentally incapable of managing your own finances. This could just as easily be the result of a serious accident as old age. It could happen to anyone. It could happen to you today.

Would you want strangers running your affairs? I don't think so. This book is well written in an entertaining style and makes it easy to prepare an Enduring Power of Attorney that enables you to decide who will take control.

Everybody responsible enough to write a will should also write an EPA. It is easy and, other than the cost of the book, free. Don't delay.



Title : Williams on Wills: Second Supplement
Author : R.F.D. Barlow
Rating : 5 Stars out of 5.
Summary : The best book of its kind

I cannot recommend this book too highly. It combines a full account of the law relating to wills with a volume of precedents covering virtually every common situation.



Title : The 60 Minute Estate Planner: Fast and Easy Illustrated Plans to Save Taxes, Avoid Probate and Maximise Inheritance
Author : Sandy Kraemer
Rating : 3 Stars out of 5.
Summary : Complete summary, but little practical information

Sandy seems to cover all the bases, but the language is a bit too dense for the beginning reader, and there is little to no practical information about how to deal with a trust/trustee once the program is implemented. For example, how does a trust limit ones freedom of action wrt ones assets, before the first death as well as after. After reading, I still couldn't decide if I wanted a trust or not.



Title : A Step-by-step Guide to Wills and Probate
Author : A.K. Biggs
Rating : 4 Stars out of 5.
Summary : all the basics you need to knwo..

this is a good all round guide to drafting wills and dealing with the difficult task of what to do after a death in terms of winding up an estate. It doesn't go into very complex will drafting but in that instance as the book suggests you would really need to get a solicitor involved. However, it does allow you to draft most types of wills and certainly explains the proceedure following death in a clear and concise manner.



Title : Understanding Living Trusts: How You Can Avoid Probate, Save Taxes and Enjoy Peace of Mind
Author : Vickie Schumacher
Rating : 5 Stars out of 5.
Summary : It keeps gettin' better all the time...

I've recently had the privilage to read this fifth installment about estate planning from Jim and Vickie Schumacher, and I can honestly say it's the best they've turned out yet. Ever since their first edition (originally titled A Will is not the Way), these two have been giving us clear and concise information about the estate planning world in everyday, conversational English. This tradition is continued in their newest edition. What makes the fifth edition a must have, however, is all the new information they've included. Five months ago, President Clinton signed the Taxpayers Relief Act of 1997, seriously changing the "rules" on estate and capital gains taxes. Not only have the Schumacher's already incorporated this new information into their book and translated it from Washington's "legelese" into English I can understand, they've even told me how these changes pratically apply to my estate planning situation. This alone would make the book worth buying, but when you couple it with the state-specific estate planning information they've included (as a direct response from reader's requests), you've got a real steal.



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