Posts from October 2021

While most people in the UK believe their affairs are simple, their requirements are often quite complicated when it comes to their Will. 
 
According to recently published research online Will writing services often fail to consider things that can significantly affect the details of your Will such as marital status, children, assets, business and property ownership, overseas property investments and disinheritance. 
creating your Will on your laptop is easy but it might not be valid.
Even photo stored on your phone or in the cloud are digital assets
Social media and email accounts, cryptocurrencies, and photographs stored in the cloud are all digital assets
 
Although they are an important part of our lives, we probably haven’t given much thought to what will happen to them if we die or are unable to make decisions about them. 
 
Joint research by the Society of Trust and Estate Practitioners (STEP) and the Microsoft-funded Cloud Legal Project at Queen Mary University of London has looked at the practical issues surrounding digital assets for estate planning.