Previous Posts

  • Judicious Encouragement and Protecting Inheritance from Divorce

    Judicious Encouragement and Protecting Inheritance from Divorce

    For clients creating wills, it’s common to leave assets first to a spouse and then to children in equal shares. Yet, when concerns arise about the risk of a child’s inheritance being exposed to a future divorce settlement, straightforward provisions may not offer the necessary protection. In such cases, families should consider advanced planning to…

  • What is Donatio Mortis Causa? Understanding ‘Death Bed Gifts’

    What is Donatio Mortis Causa? Understanding ‘Death Bed Gifts’

    In the realm of inheritance law, Donatio Mortis Causa (DMC) offers a fascinating mechanism for passing on assets. This type of gift is made in contemplation of imminent death, bridging the gap between gifts given during life and those left in a will. With the ability to revoke the gift if circumstances change, DMC allows…

  • Understanding Deputyship Applications and the Importance of Lasting Power of Attorney (LPA)

    Understanding Deputyship Applications and the Importance of Lasting Power of Attorney (LPA)

    Applying for Deputyship: What You Need to Know Deputyship is a legal mechanism that allows a person to manage the affairs of another who has lost mental capacity and did not appoint anyone through a Lasting Power of Attorney (LPA). This process is overseen by the Court of Protection and the Office of the Public…

  • Secure Your Business Future with a Business Will: Key Reasons and Benefits

    Secure Your Business Future with a Business Will: Key Reasons and Benefits

    As a business owner, you have invested substantial time, effort, and resources into building your company. However, one crucial aspect often overlooked is the need for a business will. At Conwy Wills and Trusts, we understand the significance of safeguarding your hard-earned legacy, and a business will is a fundamental tool in achieving this. Here’s…

  • You Think Your Next of Kin Have a Right to Make Medical Decisions for You? Think Again!

    You Think Your Next of Kin Have a Right to Make Medical Decisions for You? Think Again!

    In moments of medical crisis or incapacity, it’s a common misconception that close family members automatically have the authority to make critical healthcare decisions. However, under UK law, without a Lasting Power of Attorney (LPA), this is not the case. An LPA is essential for appointing someone you trust to make health and welfare decisions…

  • Navigating the Great Wealth Transfer

    Navigating the Great Wealth Transfer

    The next few decades will see the “Great Wealth Transfer” from Baby Boomers, holding over £5 trillion, to younger generations. Conwy Wills and Trusts offers tailored estate planning services to Baby Boomers, Generation X, and Millennials, emphasizing digital convenience, professional advice, and client education to ensure efficient wealth management and transfer.

  • The Importance of Vulnerable Person’s Trusts in Estate Planning

    The Importance of Vulnerable Person’s Trusts in Estate Planning

    The post outlines the importance of vulnerable persons trusts, also known as special needs trusts, for managing assets and protecting benefits for individuals with disabilities or vulnerabilities. These trusts safeguard public benefits, allow tailored financial management, provide legal and financial safeguards, ensure long-term care, offer flexibility, and provide tax advantages. Proper setup with professional advice…

  • Why You Need a Lasting Power of Attorney: Essential Protection at Any Age

    Why You Need a Lasting Power of Attorney: Essential Protection at Any Age

    An LPA is essential for ensuring that trusted individuals make decisions on your behalf if you lose decision-making ability. It covers both health and financial matters, avoids legal complexities, and offers peace of mind. Being adjustable and revocable, LPAs empower you to appoint decision-makers who respect your values, providing significant reassurance for the unknown future.…

  • Secure Your Children’s Future: The Critical Importance of Appointing Guardians

    Appointing guardians is a profound act of love, ensuring your children’s future is secure, no matter what. At Conwy Wills, we guide you through this vital process with empathy and expertise, ensuring your wishes are honoured. Take the crucial step with us—create a will that safeguards your children’s tomorrow. Trust Conwy Wills to protect what’s…

  • How to Be an Attorney Under a Lasting Power of Attorney

    How to Be an Attorney Under a Lasting Power of Attorney

    Becoming an attorney under a Lasting Power of Attorney (LPA) is not just a significant responsibility; it’s a profound commitment to act in someone else’s best interest, often at times when they are most vulnerable. Whether you’re appointed to manage someone’s financial affairs or to make crucial health and welfare decisions, the role you play…