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		<title>Easter Food Bank Campaign Delivers Vital Support to Local Communities</title>
		<link>https://www.franklins-sols.co.uk/insights/latest-news/easter-food-bank-campaign-delivers-vital-support-to-local-communities/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Thu, 02 Apr 2026 12:30:53 +0000</pubDate>
				<category><![CDATA[Latest News]]></category>
		<guid isPermaLink="false">https://www.franklins-sols.co.uk/?p=12294</guid>

					<description><![CDATA[<p>Food pallets packed with essential items have been delivered to charities across Milton Keynes and Northamptonshire this Easter, providing vital support to food banks facing increasing demand.The deliveries, funded through the MK Food Reach and Northants Food Reach campaigns, saw seven food pallets distributed to locations, across Milton Keynes and Northamptonshire, including: Baby Basics MKBaby  [...]</p>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/latest-news/easter-food-bank-campaign-delivers-vital-support-to-local-communities/">Easter Food Bank Campaign Delivers Vital Support to Local Communities</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div class="fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling" style="--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-right:0px;--awb-padding-left:0px;--awb-flex-wrap:wrap;" ><div class="fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap" style="max-width:1256.6px;margin-left: calc(-3% / 2 );margin-right: calc(-3% / 2 );"><div class="fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column" style="--awb-bg-size:cover;--awb-width-large:100%;--awb-spacing-right-large:1.455%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.455%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.455%;--awb-spacing-left-medium:1.455%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.455%;--awb-spacing-left-small:1.455%;"><div class="fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column"><div class="fusion-text fusion-text-1"><p>Food pallets packed with essential items have been delivered to charities across Milton Keynes and Northamptonshire this Easter, providing vital support to food banks facing increasing demand.</p>
<p>The deliveries, funded through the MK Food Reach and Northants Food Reach campaigns, saw seven food pallets distributed to locations, across Milton Keynes and Northamptonshire, including: </p>
<ul>
<li>Baby Basics MK</li>
<li>Baby Basics Northampton</li>
<li>Milton Keynes Foodbank</li>
<li>Shenley Community Centre</li>
<li>Hope Northampton </li>
<li>McCarthy Dixon Foundation</li>
<li>Restore Northampton</li>
</ul>
<p>The initiative ensures that frontline charities have the resources they need to support individuals and families in need.</p>
<p>Established in partnership between Franklins Solicitors and His Church Charity, MK Food Reach and Northants Food Reach raise funds to secure pallets of food and essential goods for redistribution to food banks and community groups across the region.</p>
<p><b style="color: var(--awb-color4);">Richard Humphrey from His Church Charity said:</b></p>
<p><i>“We are grateful for all the retail and manufacturing partners who trust His Church to redistribute their surplus products to help vulnerable people through charities, like the amazing organisations we have supported through these campaigns this Easter. This campaign shows what’s possible when businesses and charities collaborate to make a difference in their communities.”</i></p>
<p><b style="color: var(--awb-color4);">Andrea Smith of Franklins Solicitors added:</b></p>
<p><i>“We are proud to provide ongoing support to the MK Food Reach and Northants Food Reach campaigns and to bring some cheer to our local communities this Easter. By donating through these campaigns, businesses can be confident their money goes further, reaching those who need it most through the incredible work of His Church Charity.”</i></p>
<p>The pallets have been gratefully received… comments have included the following:</p>
<p><b><span style="color: var(--awb-color4);">Louisa Hobbs from MK Food Bank said:</span> </b></p>
<p><i>“The wide variety of food items in the donation &#8211; from essential store cupboard staples to cooking ingredients and treats &#8211; helps us offer choice, comfort and dignity to the people we support. These donations keep our shelves stocked, enable families and individuals to plan meals they will enjoy and help people feel cared for during difficult times.”</i></p>
<p><b><span style="color: var(--awb-color4);">Sabrina Oakey said on behalf of the McCarthy-Dixon Foundation:</span> </b></p>
<p><i>“Being able to sit together and share a warm meal helps create a welcoming, family-like environment where everyone feels included and valued.”</i></p>
<p>With demand for food banks and community support continuing to rise, Franklins Solicitors and His Church Charity are calling on more local businesses to get involved. By making one-off or ongoing donations, organisations can help fund future deliveries and ensure continued support for those who need it most.</p>
<p><b>To find out more or to set up a donation, visit:</b></p>
<p>MK Food Reach: <a href="https://www.justgiving.com/fundraising/MK-Food-Reach" target="_blank" rel="noopener noreferrer">https://www.justgiving.com/fundraising/MK-Food-Reach</a></p>
<p>Northants Food Reach: <a href="https://www.justgiving.com/fundraising/NH-Foodreach" target="_blank" rel="noopener noreferrer">https://www.justgiving.com/fundraising/NH-Foodreach</a></p>
</div><div class="awb-gallery-wrapper awb-gallery-wrapper-1 button-span-no" style="--more-btn-alignment:center;"><div style="margin:-14px;--awb-aspect-ratio:1 / 1;--awb-bordersize:0px;--awb-border-radius:12px;--awb-columns-medium:100%;--awb-columns-small:100%;" class="fusion-gallery fusion-gallery-container fusion-grid-3 fusion-columns-total-3 fusion-gallery-layout-grid fusion-gallery-1 has-aspect-ratio"><div style="padding:14.5px;" class="fusion-grid-column fusion-gallery-column fusion-gallery-column-3 hover-type-none"><div class="fusion-gallery-image"><a href="https://www.franklins-sols.co.uk/wp-content/uploads/WhatsApp-Image-2026-03-27-at-15.03.33.avif" rel="noreferrer" data-rel="iLightbox[gallery_image_1]" class="fusion-lightbox" target="_self"><img fetchpriority="high" decoding="async" src="https://www.franklins-sols.co.uk/wp-content/uploads/WhatsApp-Image-2026-03-27-at-15.03.33.avif" width="1500" height="2000" alt="" title="WhatsApp Image 2026-03-27 at 15.03.33" aria-label="WhatsApp Image 2026-03-27 at 15.03.33" class="img-responsive wp-image-12297" srcset="https://www.franklins-sols.co.uk/wp-content/uploads/WhatsApp-Image-2026-03-27-at-15.03.33-200x267.avif 200w, https://www.franklins-sols.co.uk/wp-content/uploads/WhatsApp-Image-2026-03-27-at-15.03.33-400x533.avif 400w, https://www.franklins-sols.co.uk/wp-content/uploads/WhatsApp-Image-2026-03-27-at-15.03.33-600x800.avif 600w, https://www.franklins-sols.co.uk/wp-content/uploads/WhatsApp-Image-2026-03-27-at-15.03.33-800x1067.avif 800w, https://www.franklins-sols.co.uk/wp-content/uploads/WhatsApp-Image-2026-03-27-at-15.03.33-1200x1600.avif 1200w, https://www.franklins-sols.co.uk/wp-content/uploads/WhatsApp-Image-2026-03-27-at-15.03.33.avif 1500w" sizes="(min-width: 2200px) 100vw, (min-width: 784px) 397px, (min-width: 712px) 596px, (min-width: 640px) 712px, " /></a></div></div><div style="padding:14.5px;" class="fusion-grid-column fusion-gallery-column fusion-gallery-column-3 hover-type-none"><div class="fusion-gallery-image"><a href="https://www.franklins-sols.co.uk/wp-content/uploads/Copy-of-I-volunteer-template.avif" rel="noreferrer" data-rel="iLightbox[gallery_image_1]" class="fusion-lightbox" target="_self"><img decoding="async" src="https://www.franklins-sols.co.uk/wp-content/uploads/Copy-of-I-volunteer-template.avif" width="1080" height="1080" alt="" title="Copy of I volunteer template" aria-label="Copy of I volunteer template" class="img-responsive wp-image-12298" srcset="https://www.franklins-sols.co.uk/wp-content/uploads/Copy-of-I-volunteer-template-200x200.avif 200w, https://www.franklins-sols.co.uk/wp-content/uploads/Copy-of-I-volunteer-template-400x400.avif 400w, https://www.franklins-sols.co.uk/wp-content/uploads/Copy-of-I-volunteer-template-600x600.avif 600w, https://www.franklins-sols.co.uk/wp-content/uploads/Copy-of-I-volunteer-template-800x800.avif 800w, https://www.franklins-sols.co.uk/wp-content/uploads/Copy-of-I-volunteer-template.avif 1080w" sizes="(min-width: 2200px) 100vw, (min-width: 784px) 397px, (min-width: 712px) 596px, (min-width: 640px) 712px, " /></a></div></div><div style="padding:14.5px;" class="fusion-grid-column fusion-gallery-column fusion-gallery-column-3 hover-type-none"><div class="fusion-gallery-image"><a href="https://www.franklins-sols.co.uk/wp-content/uploads/Ryan-and-the-Pallet-of-Hope-1.avif" rel="noreferrer" data-rel="iLightbox[gallery_image_1]" class="fusion-lightbox" target="_self"><img decoding="async" src="https://www.franklins-sols.co.uk/wp-content/uploads/Ryan-and-the-Pallet-of-Hope-1.avif" width="902" height="1600" alt="" title="Ryan and the Pallet of Hope 1" aria-label="Ryan and the Pallet of Hope 1" class="img-responsive wp-image-12299" srcset="https://www.franklins-sols.co.uk/wp-content/uploads/Ryan-and-the-Pallet-of-Hope-1-200x355.avif 200w, https://www.franklins-sols.co.uk/wp-content/uploads/Ryan-and-the-Pallet-of-Hope-1-400x710.avif 400w, https://www.franklins-sols.co.uk/wp-content/uploads/Ryan-and-the-Pallet-of-Hope-1-600x1064.avif 600w, https://www.franklins-sols.co.uk/wp-content/uploads/Ryan-and-the-Pallet-of-Hope-1-800x1419.avif 800w, https://www.franklins-sols.co.uk/wp-content/uploads/Ryan-and-the-Pallet-of-Hope-1.avif 902w" sizes="(min-width: 2200px) 100vw, (min-width: 784px) 397px, (min-width: 712px) 596px, (min-width: 640px) 712px, " /></a></div></div><div class="clearfix"></div></div></div></div></div></div></div>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/latest-news/easter-food-bank-campaign-delivers-vital-support-to-local-communities/">Easter Food Bank Campaign Delivers Vital Support to Local Communities</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
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		<item>
		<title>Common Mistakes That Can Invalidate Your Will and How to Avoid Them</title>
		<link>https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/common-mistakes-that-can-invalidate-your-will-and-how-to-avoid-them/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 06 Mar 2026 11:16:08 +0000</pubDate>
				<category><![CDATA[Private Client (Wills and Probate)]]></category>
		<category><![CDATA[Kathryn Thornewill TEP]]></category>
		<guid isPermaLink="false">https://franklins.global-exposure.co.uk/?p=11383</guid>

					<description><![CDATA[<p>Making a Will is a crucial step in safeguarding your future wishes, but it's not just about deciding who inherits what. For a Will to be legally valid and enforceable, it must be made correctly - and with a full understanding of the legal requirements involved. At Franklins Solicitors, we regularly advise clients who are  [...]</p>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/common-mistakes-that-can-invalidate-your-will-and-how-to-avoid-them/">Common Mistakes That Can Invalidate Your Will and How to Avoid Them</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div class="fusion-fullwidth fullwidth-box fusion-builder-row-2 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling" style="--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;" ><div class="fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap" style="max-width:1256.6px;margin-left: calc(-3% / 2 );margin-right: calc(-3% / 2 );"><div class="fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_1 1_1 fusion-flex-column" style="--awb-bg-size:cover;--awb-width-large:100%;--awb-spacing-right-large:1.455%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.455%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.455%;--awb-spacing-left-medium:1.455%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.455%;--awb-spacing-left-small:1.455%;"><div class="fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column"><div class="fusion-text fusion-text-2"><p>Making a Will is a crucial step in safeguarding your future wishes, but it&#8217;s not just about deciding who inherits what. For a Will to be legally valid and enforceable, it must be made correctly &#8211; and with a full understanding of the legal requirements involved.</p>
<p>At Franklins Solicitors, we regularly advise clients who are unaware of the potential pitfalls when it comes to writing and signing a Will. Issues around capacity, execution and DIY or online solutions can lead to serious complications &#8211; or even render a Will invalid.</p>
</div><div class="fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">Mental Capacity: A Vital Foundation</h2></div><div class="fusion-text fusion-text-3"><p>For a Will to be valid, the person making it (the testator) must have the mental capacity to do so. This is known as &#8220;testamentary capacity&#8221; and is a legal requirement under UK law.</p>
<p>The testator must:</p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-1 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Understand they are making a Will and what that means</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Know the extent of their estate (what they own)</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Understand who they are choosing to benefit and why</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Not be suffering from any mental disorder that influences their decisions</div></li></ul><div class="fusion-text fusion-text-4"><p>As we are all living longer, cases involving capacity are becoming more common. Conditions such as dementia or mental health disorders don&#8217;t necessarily prevent someone from making a Will, but they do require extra care and often medical evidence to confirm capacity at the time of signing.</p>
<p>If there is any doubt, it is essential to seek professional legal advice early to avoid disputes later.</p>
</div><div class="fusion-title title fusion-title-2 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);">The Risks of Handwritten and DIY Wills</h2></div><div class="fusion-text fusion-text-5"><p>While it is legally possible to write your own Will by hand, we strongly advise against it. Homemade Wills, including handwritten or downloaded templates, are more prone to errors in language, format, and execution.</p>
<p>These documents are often:</p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-2 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Invalid due to incorrect witnessing</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Vague or contradictory in wording</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Incomplete in dealing with all assets</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Unclear about executors, guardians, or tax implications</div></li></ul><div class="fusion-title title fusion-title-3 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);">Selling the Family Home</h2></div><div class="fusion-text fusion-text-6"><p>During their lifetime, people usually do not pay CGT when selling their main home because of Principal Private Residence Relief (PPRR).</p>
<p>For Executors, the rules are different. PPRR is only available if:</p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-3 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">The property was the main residence of at least one person immediately before and after the death;</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">That person is entitled to at least 75% of the sale proceeds; and</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">The personal representatives make a claim for private residence relief.</div></li></ul><div class="fusion-text fusion-text-7"><p>A Will may seem straightforward on the surface, but the law surrounding estates, tax, and inheritance is anything but. One missing clause or a poorly chosen word can lead to disputes, delays, or your wishes not being carried out at all.</p>
</div><div class="fusion-title title fusion-title-4 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);">The Truth About Online Wills</h2></div><div class="fusion-text fusion-text-8"><p>Online Will-writing services are widely advertised, but they often offer a one-size-fits-all approach that lacks the rigour and personalisation of professional advice. They typically do not account for complex family situations, blended families, business ownership, overseas assets, or vulnerable beneficiaries.</p>
<p>Even for seemingly simple estates, we regularly see clients needing to &#8220;fix&#8221; or challenge Wills made using online platforms &#8211; often at much greater cost than having done it properly in the first place.</p>
</div><div class="fusion-title title fusion-title-5 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);">Incorrect Witnessing Requirements</h2></div><div class="fusion-text fusion-text-9"><p>One of the most common reasons a Will becomes invalid is incorrect witnessing. For a Will to be legally binding, it must be:</p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-4 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Signed by the testator in the presence of two independent witnesses</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Witnessed by two people who are present at the same time</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Signed by both witnesses in the presence of the testator</div></li></ul><div class="fusion-text fusion-text-10"><p>Crucially, witnesses cannot be beneficiaries of the Will, nor can they be married to or in a civil partnership with a beneficiary. If a beneficiary acts as a witness, they will lose their inheritance under the Will, though the rest of the document may remain valid.</p>
<p><b>Example:</b> If you name your daughter as a beneficiary and she witnesses your Will, she will not receive her inheritance. Even if your son-in-law witnesses the Will, your daughter will lose her entitlement because the witness is married to a beneficiary.</p>
</div><div class="fusion-title title fusion-title-6 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">Failing to Update After Life Changes</h2></div><div class="fusion-text fusion-text-11"><p>A Will should reflect your current circumstances. Major life events can significantly affect how your estate should be distributed, yet many people forget to review their Will after these changes occur.</p>
<p>Marriage automatically revokes any existing Will unless it was made in contemplation of that specific marriage. This means if you marry after making your Will, you will effectively die intestate unless you make a new Will.</p>
<p>Divorce does not revoke a Will, but it does remove an ex-spouse as a beneficiary or executor &#8211; though other provisions remain in place.</p>
<p>We recommend reviewing your Will every five years, or after:</p>
</div><div class="fusion-text fusion-text-12"></div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-5 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Marriage or divorce</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">The birth or adoption of children</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">The death of a beneficiary or executor</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Significant changes in your financial circumstances</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Moving abroad or acquiring overseas assets</div></li></ul><div class="fusion-title title fusion-title-7 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">Not Appointing Guardians for Young Children</h2></div><div class="fusion-text fusion-text-13"><p>If you have children under 18, your Will should name guardians who will care for them if both parents die. Without this provision, the courts will decide who looks after your children &#8211; and their decision may not align with your wishes.</p>
<p>This is one of the most important reasons for parents to make a Will, yet it is frequently overlooked in DIY and online Wills, which often fail to prompt for this information.</p>
</div><div class="fusion-title title fusion-title-8 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Frequently Asked Questions</span></h2></div><div class="accordian fusion-accordian" style="margin-bottom:10px;--awb-margin-bottom:10px;--awb-padding-top:20px;--awb-padding-bottom:20px;--awb-border-size:1px;--awb-icon-size:20px;--awb-content-font-size:var(--awb-typography4-font-size);--awb-icon-alignment:left;--awb-hover-color:var(--awb-color2);--awb-border-color:var(--awb-color3);--awb-background-color:var(--awb-color1);--awb-divider-color:#e8e8e8;--awb-divider-hover-color:var(--awb-color3);--awb-icon-color:var(--awb-color6);--awb-title-color:var(--awb-color4);--awb-content-color:var(--awb-color6);--awb-icon-box-color:var(--awb-color8);--awb-toggle-hover-accent-color:var(--awb-color5);--awb-toggle-active-accent-color:var(--awb-color5);--awb-title-font-family:&quot;Lato&quot;;--awb-title-font-weight:400;--awb-title-font-style:normal;--awb-title-font-size:20px;--awb-title-letter-spacing:var(--awb-typography1-letter-spacing);--awb-title-line-height:var(--awb-typography1-line-height);--awb-content-font-family:&quot;Lato&quot;;--awb-content-font-style:normal;--awb-content-font-weight:400;"><div class="panel-group fusion-toggle-icon-unboxed" id="accordion-11383-1"><div class="fusion-panel panel-default panel-5b6425e468417088b fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_5b6425e468417088b"><a aria-expanded="false" aria-controls="5b6425e468417088b" role="button" data-toggle="collapse" data-parent="#accordion-11383-1" data-target="#5b6425e468417088b" href="#5b6425e468417088b"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What happens if my Will isn't witnessed correctly?</span></a></h5></div><div id="5b6425e468417088b" class="panel-collapse collapse " aria-labelledby="toggle_5b6425e468417088b"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">If your Will is not signed in the presence of two independent witnesses who are both present at the same time, it will be invalid. This means your estate will be distributed according to intestacy rules, which may not reflect your wishes at all.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-4e9e6257720a67d18 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_4e9e6257720a67d18"><a aria-expanded="false" aria-controls="4e9e6257720a67d18" role="button" data-toggle="collapse" data-parent="#accordion-11383-1" data-target="#4e9e6257720a67d18" href="#4e9e6257720a67d18"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Can a family member witness my Will?</span></a></h5></div><div id="4e9e6257720a67d18" class="panel-collapse collapse " aria-labelledby="toggle_4e9e6257720a67d18"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Yes, but they cannot be a beneficiary under your Will or married to a beneficiary. If they are, they will lose their inheritance, though the rest of the Will may remain valid.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-bbc89017efd62521b fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_bbc89017efd62521b"><a aria-expanded="false" aria-controls="bbc89017efd62521b" role="button" data-toggle="collapse" data-parent="#accordion-11383-1" data-target="#bbc89017efd62521b" href="#bbc89017efd62521b"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Does getting married affect my existing Will?</span></a></h5></div><div id="bbc89017efd62521b" class="panel-collapse collapse " aria-labelledby="toggle_bbc89017efd62521b"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Yes. Marriage automatically revokes any Will made before the marriage, unless that Will was specifically made in contemplation of that marriage. You will need to make a new Will after you marry.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-284f4930e475c57a3 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_284f4930e475c57a3"><a aria-expanded="false" aria-controls="284f4930e475c57a3" role="button" data-toggle="collapse" data-parent="#accordion-11383-1" data-target="#284f4930e475c57a3" href="#284f4930e475c57a3"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What is testamentary capacity and why does it matter?</span></a></h5></div><div id="284f4930e475c57a3" class="panel-collapse collapse " aria-labelledby="toggle_284f4930e475c57a3"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Testamentary capacity is the legal term for having the mental ability to make a valid Will. You must understand what a Will is, know the extent of your estate, and comprehend who you are choosing to benefit and why. Without this, your Will can be challenged.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-bf6fb75feee2ed703 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_bf6fb75feee2ed703"><a aria-expanded="false" aria-controls="bf6fb75feee2ed703" role="button" data-toggle="collapse" data-parent="#accordion-11383-1" data-target="#bf6fb75feee2ed703" href="#bf6fb75feee2ed703"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Are online Wills legally valid?</span></a></h5></div><div id="bf6fb75feee2ed703" class="panel-collapse collapse " aria-labelledby="toggle_bf6fb75feee2ed703"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Online Wills can be legally valid if executed correctly, but they often fail to account for complex circumstances and are prone to errors. We regularly see clients needing to challenge or rectify online Wills, often at considerable cost and stress to families.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-9506409dc9b116a02 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_9506409dc9b116a02"><a aria-expanded="false" aria-controls="9506409dc9b116a02" role="button" data-toggle="collapse" data-parent="#accordion-11383-1" data-target="#9506409dc9b116a02" href="#9506409dc9b116a02"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">If I don't make a Will, will my spouse inherit everything?</span></a></h5></div><div id="9506409dc9b116a02" class="panel-collapse collapse " aria-labelledby="toggle_9506409dc9b116a02"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Not necessarily. Under intestacy rules, if you have children, your spouse will receive your personal possessions and the first £322,000 of your estate, plus half of anything above that. The remainder goes to your children. If you have no children but have living parents or siblings, they may also inherit a share.</span></p>
</div></div></div></div></div><div class="fusion-text fusion-text-14"></div><div class="fusion-title title fusion-title-9 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">Professional Guidance Matters</h2></div><div class="fusion-text fusion-text-15"><p>A valid Will is not just a piece of paper &#8211; it&#8217;s a legally binding document and arguably one of the most important you will make. Getting it wrong can have life-changing consequences for those you leave behind.</p>
<p>At Franklins, we work closely with our clients to ensure that every <a href="/personal-law/wills-trusts-estate-planning/wills-and-estate-planning/">Will</a> is:</p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-6 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Valid and properly executed</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Clear and tailored to their unique circumstances</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">
<p>Backed by appropriate <a href="/why-you-need-a-will-and-how-to-get-it-right/">capacity assessments</a> where needed</p>
</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Reviewed regularly as life evolves</div></li></ul><div class="fusion-text fusion-text-16"><p>Whether you&#8217;re writing your first Will or updating an existing one, our experienced <a href="https://www.franklins-sols.co.uk/personal-law/wills-trusts-estate-planning/wills-and-estate-planning/">Private Client team</a> is here to support you every step of the way.</p>
<p>If you are concerned about an existing Will or would like to make a new one, <a href="https://www.franklins-sols.co.uk/contact-us/">contact our Wills and Probate team </a>for clear, practical advice.</p>
</div></div></div></div></div>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/common-mistakes-that-can-invalidate-your-will-and-how-to-avoid-them/">Common Mistakes That Can Invalidate Your Will and How to Avoid Them</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
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		<title>Capital Gains Tax (CGT) and Estate Administration: What Executors Need to Know</title>
		<link>https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/capital-gains-tax-cgt-and-estate-administration-what-executors-need-to-know-2/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 06 Mar 2026 10:48:55 +0000</pubDate>
				<category><![CDATA[Private Client (Wills and Probate)]]></category>
		<category><![CDATA[Kathryn Thornewill TEP]]></category>
		<guid isPermaLink="false">https://franklins.global-exposure.co.uk/?p=11334</guid>

					<description><![CDATA[<p>When someone passes away, their Executors often need to deal with selling assets such as property, shares, or investments. One area that commonly causes confusion is Capital Gains Tax (CGT). The rules are similar to those that apply to individuals selling assets in their lifetime, but there are some important differences that can easily  [...]</p>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/capital-gains-tax-cgt-and-estate-administration-what-executors-need-to-know-2/">Capital Gains Tax (CGT) and Estate Administration: What Executors Need to Know</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div class="fusion-fullwidth fullwidth-box fusion-builder-row-3 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling" style="--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;" ><div class="fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap" style="max-width:1256.6px;margin-left: calc(-3% / 2 );margin-right: calc(-3% / 2 );"><div class="fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_1 1_1 fusion-flex-column" style="--awb-bg-size:cover;--awb-width-large:100%;--awb-spacing-right-large:1.455%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.455%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.455%;--awb-spacing-left-medium:1.455%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.455%;--awb-spacing-left-small:1.455%;"><div class="fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column"><div class="fusion-text fusion-text-17"><p>When someone passes away, their Executors often need to deal with selling assets such as property, shares, or investments. One area that commonly causes confusion is Capital Gains Tax (CGT). The rules are similar to those that apply to individuals selling assets in their lifetime, but there are some important differences that can easily catch Executors out.</p>
</div><div class="fusion-title title fusion-title-10 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">Step-up in Value on Death</h2></div><div class="fusion-text fusion-text-18"><p>A common misconception is that CGT is based on what the deceased originally paid for an asset, which can be worrying if it was bought decades ago and has gone up a lot in value.</p>
<p>The good news is that there is a &#8220;free uplift&#8221; on death. This means that the starting point for CGT is the asset&#8217;s value at the date of death &#8211; not what was originally paid. Executors only pay CGT on any increase in value from the date of death to the date of sale.</p>
<p><b>Example: </b>If the deceased bought a property for £100,000 in 1990, and it was worth £400,000 at the date of death, the estate&#8217;s base cost is £400,000. If Executors later sell it for £420,000, CGT is only payable on the £20,000 gain.</p>
</div><div class="fusion-title title fusion-title-11 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);">When Does CGT Arise?</h2></div><div class="fusion-text fusion-text-19"><p>CGT only arises when the Estate actually sells an asset for more than its value at death. Importantly, there is no CGT liability when assets are transferred directly to beneficiaries &#8211; this is not treated as a disposal for CGT purposes.</p>
<p>This means Executors should consider whether it is better to sell assets themselves or to transfer them to beneficiaries, who can then use their own CGT allowances if they choose to sell later.</p>
</div><div class="fusion-title title fusion-title-12 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);">Selling the Family Home</h2></div><div class="fusion-text fusion-text-20"><p>During their lifetime, people usually do not pay CGT when selling their main home because of Principal Private Residence Relief (PPRR).</p>
<p>For Executors, the rules are different. PPRR is only available if:</p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-7 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">The property was the main residence of at least one person immediately before and after the death;</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">That person is entitled to at least 75% of the sale proceeds; and</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">The personal representatives make a claim for private residence relief.</div></li></ul><div class="fusion-text fusion-text-21"><p>In practice, this usually only applies where the deceased owned the property with someone else who still lives there.</p>
</div><div class="fusion-title title fusion-title-13 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);">The 60-Day Reporting Requirement</h2></div><div class="fusion-text fusion-text-22"><p>If PPRR does not apply and CGT is due on the sale of UK residential property, Executors must report the gain and pay any CGT due within 60 days of completion.</p>
<p>This is a strict deadline and applies even if the Estate&#8217;s overall tax return is not yet due. Failure to report and pay within 60 days can result in penalties and interest charges.</p>
<p>The 60-day rule does not apply to other assets such as shares or commercial property, which are reported on the Estate&#8217;s annual tax return.</p>
</div><div class="fusion-title title fusion-title-14 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);">Deductible Costs</h2></div><div class="fusion-text fusion-text-23"><p>Just like when selling in your lifetime, the Estate can deduct certain costs from the sale price before working out the taxable gain. These include:</p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-8 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Estate agent and conveyancing fees</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Mortgage redemption costs</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Broker fees</div></li></ul><div class="fusion-text fusion-text-24"><p>If solicitors are handling the Estate administration, part of their fees can also be deducted.</p>
</div><div class="fusion-title title fusion-title-15 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">Annual CGT Allowance</h2></div><div class="fusion-text fusion-text-25"><p>Estates have the same annual CGT exemption as individuals &#8211; currently £3,000 for the 2024/25 tax year (much lower than in recent years).</p>
<p>Executors can only use this exemption in:</p>
</div><div class="fusion-text fusion-text-26"></div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-9 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">The tax year of death, and</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">The following two tax years.</div></li></ul><div class="fusion-text fusion-text-27"><p>After that, the exemption is lost if assets are still unsold.</p>
<p>This means timing can be important. If possible, Executors should consider whether delaying a sale into a new tax year allows them to use another year&#8217;s allowance.</p>
</div><div class="fusion-title title fusion-title-16 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">Appropriation &#8211; Using Beneficiaries&#8217; Allowances</h2></div><div class="fusion-text fusion-text-28"><p>A useful tax planning tool is &#8216;appropriation&#8217;, where an asset is allocated to beneficiaries before it is sold.</p>
<p>This means the sale is treated as if it was made by the beneficiaries, not the Estate. Each beneficiary can then use their own CGT allowance in addition to the Estate&#8217;s allowance.</p>
<p>For example, if there are three beneficiaries, the gain can be spread across the allowances. This can significantly reduce the overall tax bill.</p>
<p>Appropriation must be done correctly and documented properly, so Executors should take advice before using this strategy.</p>
</div><div class="fusion-title title fusion-title-17 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Frequently Asked Questions</span></h2></div><div class="accordian fusion-accordian" style="margin-bottom:10px;--awb-margin-bottom:10px;--awb-padding-top:20px;--awb-padding-bottom:20px;--awb-border-size:1px;--awb-icon-size:20px;--awb-content-font-size:var(--awb-typography4-font-size);--awb-icon-alignment:left;--awb-hover-color:var(--awb-color2);--awb-border-color:var(--awb-color3);--awb-background-color:var(--awb-color1);--awb-divider-color:#e8e8e8;--awb-divider-hover-color:var(--awb-color3);--awb-icon-color:var(--awb-color6);--awb-title-color:var(--awb-color4);--awb-content-color:var(--awb-color6);--awb-icon-box-color:var(--awb-color8);--awb-toggle-hover-accent-color:var(--awb-color5);--awb-toggle-active-accent-color:var(--awb-color5);--awb-title-font-family:&quot;Lato&quot;;--awb-title-font-weight:400;--awb-title-font-style:normal;--awb-title-font-size:20px;--awb-title-letter-spacing:var(--awb-typography1-letter-spacing);--awb-title-line-height:var(--awb-typography1-line-height);--awb-content-font-family:&quot;Lato&quot;;--awb-content-font-style:normal;--awb-content-font-weight:400;"><div class="panel-group fusion-toggle-icon-unboxed" id="accordion-11334-2"><div class="fusion-panel panel-default panel-1b893f3545b8f7647 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_1b893f3545b8f7647"><a aria-expanded="false" aria-controls="1b893f3545b8f7647" role="button" data-toggle="collapse" data-parent="#accordion-11334-2" data-target="#1b893f3545b8f7647" href="#1b893f3545b8f7647"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Do I need to pay CGT if I sell assets for less than their value at death?</span></a></h5></div><div id="1b893f3545b8f7647" class="panel-collapse collapse " aria-labelledby="toggle_1b893f3545b8f7647"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">No. If assets are sold for less than their probate value, this creates a capital loss rather than a gain. Losses can be used to offset gains elsewhere in the Estate, but any unused losses are lost when the administration period ends.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-b9260463934ba7800 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_b9260463934ba7800"><a aria-expanded="false" aria-controls="b9260463934ba7800" role="button" data-toggle="collapse" data-parent="#accordion-11334-2" data-target="#b9260463934ba7800" href="#b9260463934ba7800"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What if the Estate includes shares that have fallen in value?</span></a></h5></div><div id="b9260463934ba7800" class="panel-collapse collapse " aria-labelledby="toggle_b9260463934ba7800"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Shares are valued at their market value on the date of death. If they have fallen in value by the time they are sold, this creates a loss that can offset other gains in the Estate.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-1315e6cb8be609a51 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_1315e6cb8be609a51"><a aria-expanded="false" aria-controls="1315e6cb8be609a51" role="button" data-toggle="collapse" data-parent="#accordion-11334-2" data-target="#1315e6cb8be609a51" href="#1315e6cb8be609a51"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Can Executors backdate the probate value if an asset sells for less?</span></a></h5></div><div id="1315e6cb8be609a51" class="panel-collapse collapse " aria-labelledby="toggle_1315e6cb8be609a51"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">In some cases, yes. If property is sold within a short period after death for less than the probate value, HMRC may allow Executors to revise the probate value downwards. This can reduce both IHT and CGT liabilities, but professional advice is essential.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-1aba848715bd70ad9 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_1aba848715bd70ad9"><a aria-expanded="false" aria-controls="1aba848715bd70ad9" role="button" data-toggle="collapse" data-parent="#accordion-11334-2" data-target="#1aba848715bd70ad9" href="#1aba848715bd70ad9"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What happens if there are multiple Executors?</span></a></h5></div><div id="1aba848715bd70ad9" class="panel-collapse collapse " aria-labelledby="toggle_1aba848715bd70ad9"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">All Executors are jointly responsible for ensuring CGT is paid. Any one Executor can be pursued by HMRC for the full amount due, although they may then seek contribution from the other Executors.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-d3d2faae33067fc0e fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_d3d2faae33067fc0e"><a aria-expanded="false" aria-controls="d3d2faae33067fc0e" role="button" data-toggle="collapse" data-parent="#accordion-11334-2" data-target="#d3d2faae33067fc0e" href="#d3d2faae33067fc0e"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Is CGT payable before I can distribute the Estate?</span></a></h5></div><div id="d3d2faae33067fc0e" class="panel-collapse collapse " aria-labelledby="toggle_d3d2faae33067fc0e"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Yes. All tax liabilities, including CGT, must be settled before the Estate can be distributed to beneficiaries. Failing to do so can leave Executors personally liable for any unpaid tax.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-26df709d55d1c6d8f fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_26df709d55d1c6d8f"><a aria-expanded="false" aria-controls="26df709d55d1c6d8f" role="button" data-toggle="collapse" data-parent="#accordion-11334-2" data-target="#26df709d55d1c6d8f" href="#26df709d55d1c6d8f"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What if I move abroad after making my LPA?</span></a></h5></div><div id="26df709d55d1c6d8f" class="panel-collapse collapse " aria-labelledby="toggle_26df709d55d1c6d8f"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">UK LPAs are recognised in England and Wales, but may not be valid in other countries. If you move abroad or own assets overseas, you may need a separate power of attorney in that jurisdiction. We can advise on managing cross-border arrangements.</span></p>
</div></div></div></div></div><div class="fusion-text fusion-text-29"></div><div class="fusion-title title fusion-title-18 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">Taking Professional Advice</h2></div><div class="fusion-text fusion-text-30"><p>CGT in Estate administration can be tricky, with rules that differ from those for individuals. Executors should always take professional advice before selling assets, especially where values have risen significantly since the date of death. This ensures that the Estate is managed properly and avoids unexpected tax bills.</p>
<p>If you are acting as an Executor and need guidance on CGT or any other aspect of estate administration, <a href="/contact">contact our Wills and Probate team</a> for clear, practical advice.</p>
</div></div></div></div></div>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/capital-gains-tax-cgt-and-estate-administration-what-executors-need-to-know-2/">Capital Gains Tax (CGT) and Estate Administration: What Executors Need to Know</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
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		<title>Lasting Powers of Attorney: Incapacity Planning</title>
		<link>https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/lasting-powers-of-attorney-incapacity-planning/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 06 Mar 2026 10:30:29 +0000</pubDate>
				<category><![CDATA[Private Client (Wills and Probate)]]></category>
		<category><![CDATA[Kathryn Thornewill TEP]]></category>
		<guid isPermaLink="false">https://franklins.global-exposure.co.uk/?p=11325</guid>

					<description><![CDATA[<p>We plan for many things in life: careers, retirement, even our Wills. Yet fewer people prepare for the possibility of losing the ability to make decisions for themselves. With longer life expectancies and rising rates of dementia and other capacity-limiting conditions, planning for mental incapacity is more important than ever. At Franklins Solicitors, we  [...]</p>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/lasting-powers-of-attorney-incapacity-planning/">Lasting Powers of Attorney: Incapacity Planning</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div class="fusion-fullwidth fullwidth-box fusion-builder-row-4 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling" style="--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;" ><div class="fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap" style="max-width:1256.6px;margin-left: calc(-3% / 2 );margin-right: calc(-3% / 2 );"><div class="fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_1_1 1_1 fusion-flex-column" style="--awb-bg-size:cover;--awb-width-large:100%;--awb-spacing-right-large:1.455%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.455%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.455%;--awb-spacing-left-medium:1.455%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.455%;--awb-spacing-left-small:1.455%;"><div class="fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column"><div class="fusion-text fusion-text-31"><p><span style="font-weight: 400;">We plan for many things in life: careers, retirement, even our Wills. Yet fewer people prepare for the possibility of losing the ability to make decisions for themselves. With longer life expectancies and rising rates of dementia and other capacity-limiting conditions, planning for mental incapacity is more important than ever.</span></p>
<p><span style="font-weight: 400;">At <a href="/personal-law/wills-trusts-estate-planning/">Franklins Solicitors</a>, we help individuals and families plan ahead with confidence and compassion. One of the most effective legal safeguards available is a<a href="/personal-law/wills-trusts-estate-planning/lasting-powers-of-attorney/"> Lasting Power of Attorney (LPA)</a>, a document that allows someone you trust to act on your behalf if you lose capacity.</span></p>
</div><div class="fusion-title title fusion-title-19 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">Why Lasting Powers of Attorney Matter</h2></div><div class="fusion-text fusion-text-32"><p><span style="font-weight: 400;">LPAs are not just for the elderly. Anyone can suffer an unexpected accident or illness. Without an LPA in place, your loved ones will not have the automatic right to make financial or healthcare decisions for you &#8211; not even your spouse or children.</span></p>
<p><span style="font-weight: 400;">Instead, they may be forced to apply for deputyship through the Court of Protection, a lengthy, costly and emotionally demanding process. Creating an LPA in advance avoids this scenario and ensures that your wishes are respected by appointing the right people in the right way.</span></p>
</div><div class="fusion-title title fusion-title-20 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">The Two Types of Lasting Power of Attorney</span></h2></div><div class="fusion-text fusion-text-33"><p>There are two types of Lasting Power of Attorney, each serving a different purpose:</p>
</div><div class="fusion-title title fusion-title-21 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Property and Financial Affairs LPA</h3></div><div class="fusion-text fusion-text-34"><p><span style="font-weight: 400;">Property and Financial Affairs LPA lets your attorney manage bank accounts, pay bills, collect pensions or even sell your home. This can be used as soon as it is registered, even if you still have capacity, making it useful if you need assistance while abroad or during periods of ill health.</span></p>
</div><div class="fusion-title title fusion-title-22 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Health and Welfare LPA</h3></div><div class="fusion-text fusion-text-35"><p>Health and Welfare LPA allows decisions about your care, treatment and where you live, but only if you are unable to decide for yourself. This covers daily routines, medical treatment, moving into a care home and, in some cases, life-sustaining treatment.<br />
Both types can be tailored to your preferences and registered in advance for peace of mind.</p>
</div><div class="fusion-title title fusion-title-23 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Appointing Attorneys: Making It Work in Practice</span></h2></div><div class="fusion-text fusion-text-36"><p><span style="font-weight: 400;">When appointing attorneys, many people choose to name more than one person, often family members such as siblings or children. They can be appointed to act jointly (all decisions made together) or jointly and severally (independently or together).</span></p>
<p><span style="font-weight: 400;">This choice has serious practical implications:</span></p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-10 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content"><b>Jointly </b>&#8211; attorneys must make all decisions together. This requires strong communication and a shared approach. Disagreements or lack of availability can make the arrangement unworkable and delay important decisions.</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content"><b>Jointly and severally</b> &#8211; attorneys can act either together or independently, which offers greater flexibility. However, this must be balanced against the need for trust and clarity.</div></li></ul><div class="fusion-title title fusion-title-24 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Common challenges we see include:</span></h3></div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-11 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Disagreements between siblings or family members acting jointly</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Difficulty accessing bank accounts or making time-sensitive decisions</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Confusion over responsibilities and legal boundaries</div></li></ul><div class="fusion-text fusion-text-37"><p><span style="font-weight: 400;">If you are acting as an attorney and encountering problems, or you are unsure whether to appoint attorneys jointly or jointly and severally, professional advice can help you avoid future complications.</span></p>
</div><div class="fusion-title title fusion-title-25 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">The LPA Registration Process</span></h2></div><div class="fusion-text fusion-text-38"><p><span style="font-weight: 400;">Creating an LPA requires several steps:</span></p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-12 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Choosing your attorneys and how they will act</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Completing the correct forms and wording</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Signing and witnessing the documents in the correct order</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Registering with the Office of the Public Guardian (OPG)</div></li></ul><div class="fusion-text fusion-text-39"><p><span style="font-weight: 400;">Registration typically takes 8-10 weeks, though delays can occur. The registration fee is currently £92 per LPA, though exemptions and reductions are available for those on certain benefits.</span></p>
<p><span style="font-weight: 400;">While it is possible to create an LPA yourself, errors are common and can lead to delays or rejection. At Franklins, we help clients get it right first time, ensuring the document is legally valid, reflects your wishes and works in real-world situations.</span></p>
</div><div class="fusion-title title fusion-title-26 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">What About Existing Enduring Powers of Attorney?</span></h2></div><div class="fusion-text fusion-text-40"><p><span style="font-weight: 400;">If you made an Enduring Power of Attorney (EPA) before 1 October 2007, it may still be valid — but it only covers financial decisions, not health or welfare. We can review your existing EPA to check if it remains appropriate or if a new LPA would offer better protection.</span></p>
</div><div class="fusion-title title fusion-title-27 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">LPA vs Deputyship: The Cost of Delay</span></h2></div><div class="fusion-text fusion-text-41"><p><span style="font-weight: 400;">If no LPA is in place and you lose mental capacity, a loved one must apply for deputyship to manage your affairs. This route involves:</span></p>
</div><div class="fusion-text fusion-text-42"></div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-13 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">
<p>Court fees (currently £421 for the application, plus annual supervision fees)</p>
</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Time-consuming paperwork and assessments</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Ongoing reporting obligations to the Court of Protection</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Possible appointment of someone you would not have chosen</div></li></ul><div class="fusion-text fusion-text-43"><p><span style="font-weight: 400;">Creating an LPA is faster, cheaper and gives you more control over who will act for you and how.</span></p>
</div><div class="fusion-title title fusion-title-28 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Advance Decisions: Planning Your Medical Treatment</span></h2></div><div class="fusion-text fusion-text-44"><p><span style="font-weight: 400;">An Advance Decision (sometimes called a Living Will) is a separate document that allows you to specify which medical treatments you do or do not want to receive if you lose capacity to make those decisions yourself.</span></p>
<p><span style="font-weight: 400;">Unlike a Health and Welfare LPA, which appoints someone else to make healthcare decisions for you, an Advance Decision sets out your own preferences directly. It is legally binding if it meets the requirements of the Mental Capacity Act 2005.</span></p>
<p><span style="font-weight: 400;">Common decisions include preferences about resuscitation, life-sustaining treatment or specific medical interventions. An Advance Decision works alongside, not instead of, an LPA.</span></p>
</div><div class="fusion-title title fusion-title-29 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Frequently Asked Questions</span></h2></div><div class="accordian fusion-accordian" style="margin-bottom:10px;--awb-margin-bottom:10px;--awb-padding-top:20px;--awb-padding-bottom:20px;--awb-border-size:1px;--awb-icon-size:20px;--awb-content-font-size:var(--awb-typography4-font-size);--awb-icon-alignment:left;--awb-hover-color:var(--awb-color2);--awb-border-color:var(--awb-color3);--awb-background-color:var(--awb-color1);--awb-divider-color:#e8e8e8;--awb-divider-hover-color:var(--awb-color3);--awb-icon-color:var(--awb-color6);--awb-title-color:var(--awb-color4);--awb-content-color:var(--awb-color6);--awb-icon-box-color:var(--awb-color8);--awb-toggle-hover-accent-color:var(--awb-color5);--awb-toggle-active-accent-color:var(--awb-color5);--awb-title-font-family:&quot;Lato&quot;;--awb-title-font-weight:400;--awb-title-font-style:normal;--awb-title-font-size:20px;--awb-title-letter-spacing:var(--awb-typography1-letter-spacing);--awb-title-line-height:var(--awb-typography1-line-height);--awb-content-font-family:&quot;Lato&quot;;--awb-content-font-style:normal;--awb-content-font-weight:400;"><div class="panel-group fusion-toggle-icon-unboxed" id="accordion-11325-3"><div class="fusion-panel panel-default panel-e9b71527cbe8a82e5 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_e9b71527cbe8a82e5"><a aria-expanded="false" aria-controls="e9b71527cbe8a82e5" role="button" data-toggle="collapse" data-parent="#accordion-11325-3" data-target="#e9b71527cbe8a82e5" href="#e9b71527cbe8a82e5"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Can I change or cancel my LPA once it's registered?</span></a></h5></div><div id="e9b71527cbe8a82e5" class="panel-collapse collapse " aria-labelledby="toggle_e9b71527cbe8a82e5"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Yes. You can revoke your LPA at any time, provided you still have mental capacity. You must notify the Office of the Public Guardian and your attorneys in writing. If you want to make changes, you will need to create a new LPA.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-d8e78150a8f2470d5 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_d8e78150a8f2470d5"><a aria-expanded="false" aria-controls="d8e78150a8f2470d5" role="button" data-toggle="collapse" data-parent="#accordion-11325-3" data-target="#d8e78150a8f2470d5" href="#d8e78150a8f2470d5"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What happens if my attorney can no longer act?</span></a></h5></div><div id="d8e78150a8f2470d5" class="panel-collapse collapse " aria-labelledby="toggle_d8e78150a8f2470d5"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">If an attorney dies, loses capacity themselves or no longer wishes to act, they must notify the OPG. If you appointed replacement attorneys in your LPA, they will step in. If not, you may need to create a new LPA if you still have capacity, or the Court of Protection may need to appoint a deputy.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-9683f10ab924c0123 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_9683f10ab924c0123"><a aria-expanded="false" aria-controls="9683f10ab924c0123" role="button" data-toggle="collapse" data-parent="#accordion-11325-3" data-target="#9683f10ab924c0123" href="#9683f10ab924c0123"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Can my attorney make decisions I wouldn't agree with?</span></a></h5></div><div id="9683f10ab924c0123" class="panel-collapse collapse " aria-labelledby="toggle_9683f10ab924c0123"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Attorneys must always act in your best interests and follow the principles of the Mental Capacity Act. If you have concerns about how an attorney is acting, you can report this to the OPG, which has powers to investigate and intervene.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-8b8ad8397d38b6ee2 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_8b8ad8397d38b6ee2"><a aria-expanded="false" aria-controls="8b8ad8397d38b6ee2" role="button" data-toggle="collapse" data-parent="#accordion-11325-3" data-target="#8b8ad8397d38b6ee2" href="#8b8ad8397d38b6ee2"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Do I need both types of LPA?</span></a></h5></div><div id="8b8ad8397d38b6ee2" class="panel-collapse collapse " aria-labelledby="toggle_8b8ad8397d38b6ee2"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">It depends on your circumstances. Many people choose to create both to ensure comprehensive protection. A Property and Financial Affairs LPA manages your money and assets, while a Health and Welfare LPA covers care and medical decisions. Both serve different but equally important purposes.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-f59501a186c909a2a fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_f59501a186c909a2a"><a aria-expanded="false" aria-controls="f59501a186c909a2a" role="button" data-toggle="collapse" data-parent="#accordion-11325-3" data-target="#f59501a186c909a2a" href="#f59501a186c909a2a"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">How do I know when I've lost capacity?</span></a></h5></div><div id="f59501a186c909a2a" class="panel-collapse collapse " aria-labelledby="toggle_f59501a186c909a2a"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Capacity is assessed for each specific decision at the time it needs to be made. It is not an all-or-nothing state. A doctor or other professional will assess whether you can understand, retain and weigh information to make a particular decision. Your LPA only becomes active for health and welfare decisions once you lack capacity for those decisions.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-672a38bd4ab8c3037 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_672a38bd4ab8c3037"><a aria-expanded="false" aria-controls="672a38bd4ab8c3037" role="button" data-toggle="collapse" data-parent="#accordion-11325-3" data-target="#672a38bd4ab8c3037" href="#672a38bd4ab8c3037"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What if I move abroad after making my LPA?</span></a></h5></div><div id="672a38bd4ab8c3037" class="panel-collapse collapse " aria-labelledby="toggle_672a38bd4ab8c3037"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">UK LPAs are recognised in England and Wales, but may not be valid in other countries. If you move abroad or own assets overseas, you may need a separate power of attorney in that jurisdiction. We can advise on managing cross-border arrangements.</span></p>
</div></div></div></div></div><div class="fusion-text fusion-text-45"></div><div class="fusion-title title fusion-title-30 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Protect Yourself and Those You Trust</span></h2></div><div class="fusion-text fusion-text-46"><p><span style="font-weight: 400;">Putting a <a href="/personal-law/wills-trusts-estate-planning/lasting-powers-of-attorney/">Lasting Power of Attorney</a> in place is not just a legal task — it is an act of care for your future self and the people around you. It gives your loved ones the tools they need to help you if the time comes.</span></p>
<p><span style="font-weight: 400;">Whether you are preparing your own LPA or acting as an attorney for someone else,<a href="/personal-law/wills-trusts-estate-planning/"> Franklins&#8217; Wills, Trusts and Probate team</a> is here to guide you. From start to finish, we ensure the process is handled correctly, compassionately and with your best interests at heart.</span></p>
<p><b>Contact our <a href="/personal-law/wills-trusts-estate-planning/">Wills and Probate team</a> today to discuss Lasting Powers of Attorney and incapacity planning.</b></p>
</div></div></div></div></div>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/lasting-powers-of-attorney-incapacity-planning/">Lasting Powers of Attorney: Incapacity Planning</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
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		<title>Providing for Vulnerable Children in Your Will: Trust Options Explained</title>
		<link>https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/providing-for-vulnerable-children-in-your-will-trust-options-explained/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 06 Mar 2026 10:10:15 +0000</pubDate>
				<category><![CDATA[Private Client (Wills and Probate)]]></category>
		<category><![CDATA[Kathryn Thornewill TEP]]></category>
		<guid isPermaLink="false">https://franklins.global-exposure.co.uk/?p=11320</guid>

					<description><![CDATA[<p>Planning how to provide for your children after you are gone can be an emotional and sometimes difficult process. Naturally, most parents want to treat their children fairly. But if a child is vulnerable or has additional learning needs, leaving them an inheritance outright may not always be the best option. For example, a  [...]</p>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/providing-for-vulnerable-children-in-your-will-trust-options-explained/">Providing for Vulnerable Children in Your Will: Trust Options Explained</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
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										<content:encoded><![CDATA[<div class="fusion-fullwidth fullwidth-box fusion-builder-row-5 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling" style="--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;" ><div class="fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap" style="max-width:1256.6px;margin-left: calc(-3% / 2 );margin-right: calc(-3% / 2 );"><div class="fusion-layout-column fusion_builder_column fusion-builder-column-4 fusion_builder_column_1_1 1_1 fusion-flex-column" style="--awb-bg-size:cover;--awb-width-large:100%;--awb-spacing-right-large:1.455%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.455%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.455%;--awb-spacing-left-medium:1.455%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.455%;--awb-spacing-left-small:1.455%;"><div class="fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column"><div class="fusion-text fusion-text-47"><p><span style="font-weight: 400;">Planning how to provide for your children after you are gone can be an emotional and sometimes difficult process. Naturally, most parents want to treat their children fairly. But if a child is vulnerable or has additional learning needs, leaving them an inheritance outright may not always be the best option.</span></p>
<p><span style="font-weight: 400;">For example, a direct inheritance could:</span></p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-14 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Affect their entitlement to means-tested benefits or support services</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Put them at risk of financial exploitation</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Be difficult to manage if they are unable to handle money independently</div></li></ul><div class="fusion-text fusion-text-48"><p><span style="font-weight: 400;">In these situations, placing money into a Trust is often the most appropriate solution.</span></p>
</div><div class="fusion-title title fusion-title-31 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">What Is a Trust?</span></h2></div><div class="fusion-text fusion-text-49"><p><span style="font-weight: 400;">A Trust is a legal arrangement where assets such as property, money or shares are held and managed by one or more people (the Trustees) for the benefit of another (the beneficiary).</span></p>
<p><span style="font-weight: 400;">The Trustees have a legal duty to manage the Trust assets responsibly and in the best interests of the beneficiary. Importantly, because the beneficiary does not legally own the assets, the Trust can protect them from financial risks while still allowing them to benefit from the inheritance.</span></p>
</div><div class="fusion-title title fusion-title-32 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);">Types of Trusts for Vulnerable Children</h2></div><div class="fusion-text fusion-text-50"><p>There are two main types of Trusts commonly used to protect vulnerable children or those with additional needs.</p>
</div><div class="fusion-title title fusion-title-33 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Discretionary Trust</h3></div><div class="fusion-text fusion-text-51"><p>A Discretionary Trust is the most flexible option.</p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-15 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Your child can be included as a potential beneficiary alongside others, such as siblings, family members or even charities.</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Being named as a beneficiary does not give them automatic entitlement to the Trust funds. Instead, the Trustees decide how and when money should be used to support them.</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">This allows the Trustees to make decisions in your child&#8217;s best interests, ensuring they are provided for in a way that meets their individual needs.</div></li></ul><div class="fusion-text fusion-text-52"><p><span style="font-weight: 400;">Because the beneficiary has no legal entitlement to Trust funds, their means-tested benefits such as Universal Credit, Personal Independence Payment or housing support remain unaffected.</span></p>
<p><span style="font-weight: 400;">To guide the Trustees, the person making the Will (the testator) should write a Letter of Wishes. While not legally binding, this document sets out your hopes and intentions, giving Trustees valuable direction when managing the Trust.</span></p>
</div><div class="fusion-title title fusion-title-34 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Disabled Person&#8217;s Trust</h3></div><div class="fusion-text fusion-text-53"><p>A Disabled Person&#8217;s Trust is designed specifically for someone who meets the statutory definition of disability under the Mental Health Act 1983 or who receives certain qualifying benefits such as Disability Living Allowance or Personal Independence Payment.</p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-16 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">It is less flexible than a Discretionary Trust. While you can name other beneficiaries, the Trustees&#8217; ability to provide for them is restricted to the lower of £3,000 per year or 3% of the Trust&#8217;s assets.</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">This ensures the majority of the funds remain for the benefit of the vulnerable child.</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">The Trust also benefits from favourable tax treatment, with income taxed at the beneficiary&#8217;s rate rather than the higher trust rates.</div></li></ul><div class="fusion-text fusion-text-54"><p><span style="font-weight: 400;">However, if your estate is substantial, the restrictions may mean that surplus funds cannot easily be distributed to others.</span></p>
</div><div class="fusion-title title fusion-title-35 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);">When Does a Trust Take Effect?</h2></div><div class="fusion-text fusion-text-55"><p><span style="font-weight: 400;">Trusts can be created during your lifetime or through your Will.</span></p>
<p><span style="font-weight: 400;">A Trust created in your Will only takes effect after your death. The Will itself acts as the Trust document, so there is no need for a separate Trust deed. Once your estate has been administered and any Inheritance Tax or debts settled, the Trustees can begin managing the Trust assets for the beneficiary.</span></p>
<p><span style="font-weight: 400;">Alternatively, you can create a Trust during your lifetime, which may be appropriate if you want to make provision now or if your circumstances require immediate planning.</span></p>
</div><div class="fusion-title title fusion-title-36 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Choosing Your Trustees</span></h2></div><div class="fusion-text fusion-text-56"><p><span style="font-weight: 400;">Appointing the right Trustees is crucial. They will have wide-ranging powers and responsibilities, including the day-to-day administration of the Trust.</span></p>
<p><span style="font-weight: 400;">When deciding who to appoint, consider people who:</span></p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-17 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Understand the needs of the beneficiaries</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Can work well together</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Are capable of managing the financial and legal responsibilities involved</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Will act in the beneficiary&#8217;s best interests, not their own</div></li></ul><div class="fusion-text fusion-text-57"><p><span style="font-weight: 400;">Many families appoint a combination of family members and professional Trustees, such as solicitors, to ensure both personal understanding and professional expertise.</span></p>
<p><span style="font-weight: 400;">Professional advice is strongly recommended before making your decision.</span></p>
</div><div class="fusion-title title fusion-title-37 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Letters of Wishes</span></h2></div><div class="fusion-text fusion-text-58"><p><span style="font-weight: 400;">A Letter of Wishes sits alongside your Will or Trust and provides practical guidance for your Trustees.</span></p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-18 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">It does not need to be in formal legal language</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">It is not legally binding, but it helps Trustees understand your intentions and preferences</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">It can cover practical matters such as education, living arrangements, hobbies or support networks</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">It can give you peace of mind that your wishes will be taken into account</div></li></ul><div class="fusion-text fusion-text-59"><p><span style="font-weight: 400;">A Letter of Wishes can be updated at any time without changing your Will, making it a flexible tool for providing ongoing guidance.</span></p>
</div><div class="fusion-title title fusion-title-38 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Protecting Means-Tested Benefits</span></h2></div><div class="fusion-text fusion-text-60"><p><span style="font-weight: 400;">One of the key advantages of using a Trust for a vulnerable child is that it protects their entitlement to means-tested benefits.</span></p>
<p><span style="font-weight: 400;">If assets are held in Trust, they are not counted as belonging to the beneficiary for benefit assessment purposes. This means they can continue to receive vital support such as:</span></p>
</div><div class="fusion-text fusion-text-61"></div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-19 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Universal Credit</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Personal Independence Payment</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Employment and Support Allowance</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Housing Benefit</div></li></ul><div class="fusion-text fusion-text-62"><p><span style="font-weight: 400;">Without a Trust, a direct inheritance could disqualify them from these benefits or reduce the amount they receive, potentially leaving them worse off overall.</span></p>
</div><div class="fusion-title title fusion-title-39 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Frequently Asked Questions</span></h2></div><div class="accordian fusion-accordian" style="margin-bottom:10px;--awb-margin-bottom:10px;--awb-padding-top:20px;--awb-padding-bottom:20px;--awb-border-size:1px;--awb-icon-size:20px;--awb-content-font-size:var(--awb-typography4-font-size);--awb-icon-alignment:left;--awb-hover-color:var(--awb-color2);--awb-border-color:var(--awb-color3);--awb-background-color:var(--awb-color1);--awb-divider-color:#e8e8e8;--awb-divider-hover-color:var(--awb-color3);--awb-icon-color:var(--awb-color6);--awb-title-color:var(--awb-color4);--awb-content-color:var(--awb-color6);--awb-icon-box-color:var(--awb-color8);--awb-toggle-hover-accent-color:var(--awb-color5);--awb-toggle-active-accent-color:var(--awb-color5);--awb-title-font-family:&quot;Lato&quot;;--awb-title-font-weight:400;--awb-title-font-style:normal;--awb-title-font-size:20px;--awb-title-letter-spacing:var(--awb-typography1-letter-spacing);--awb-title-line-height:var(--awb-typography1-line-height);--awb-content-font-family:&quot;Lato&quot;;--awb-content-font-style:normal;--awb-content-font-weight:400;"><div class="panel-group fusion-toggle-icon-unboxed" id="accordion-11320-4"><div class="fusion-panel panel-default panel-7ebf7620cb7327c5d fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_7ebf7620cb7327c5d"><a aria-expanded="false" aria-controls="7ebf7620cb7327c5d" role="button" data-toggle="collapse" data-parent="#accordion-11320-4" data-target="#7ebf7620cb7327c5d" href="#7ebf7620cb7327c5d"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Can I change a Trust after it's been set up in my Will?</span></a></h5></div><div id="7ebf7620cb7327c5d" class="panel-collapse collapse " aria-labelledby="toggle_7ebf7620cb7327c5d"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Yes, as long as you are still alive and have mental capacity, you can change your Will at any time. This includes changing the terms of any Trust created by the Will. However, once you have died, the Trust terms cannot usually be changed.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-89d72d3a02d92c140 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_89d72d3a02d92c140"><a aria-expanded="false" aria-controls="89d72d3a02d92c140" role="button" data-toggle="collapse" data-parent="#accordion-11320-4" data-target="#89d72d3a02d92c140" href="#89d72d3a02d92c140"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What if my child's needs change over time?</span></a></h5></div><div id="89d72d3a02d92c140" class="panel-collapse collapse " aria-labelledby="toggle_89d72d3a02d92c140"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">This is why Discretionary Trusts are often preferred for vulnerable children. The Trustees have flexibility to respond to changing circumstances and make decisions based on the beneficiary&#8217;s needs at the time, rather than being bound by rigid rules set years earlier.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-e0bf514787fe1c17c fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_e0bf514787fe1c17c"><a aria-expanded="false" aria-controls="e0bf514787fe1c17c" role="button" data-toggle="collapse" data-parent="#accordion-11320-4" data-target="#e0bf514787fe1c17c" href="#e0bf514787fe1c17c"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Who pays tax on Trust income and gains?</span></a></h5></div><div id="e0bf514787fe1c17c" class="panel-collapse collapse " aria-labelledby="toggle_e0bf514787fe1c17c"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">In a Discretionary Trust, the Trustees pay income tax at 39.35% on income above £1,000 and capital gains tax on gains above half the normal annual exemption. However, Disabled Person&#8217;s Trusts benefit from more favourable tax treatment, with income taxed at the beneficiary&#8217;s rate and a full annual capital gains exemption.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-76e9f3dcb32eaa4f6 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_76e9f3dcb32eaa4f6"><a aria-expanded="false" aria-controls="76e9f3dcb32eaa4f6" role="button" data-toggle="collapse" data-parent="#accordion-11320-4" data-target="#76e9f3dcb32eaa4f6" href="#76e9f3dcb32eaa4f6"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Can the Trust be used while I'm still alive?</span></a></h5></div><div id="76e9f3dcb32eaa4f6" class="panel-collapse collapse " aria-labelledby="toggle_76e9f3dcb32eaa4f6"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Yes. You can create a Trust during your lifetime if you wish to make provision for a vulnerable child now. This is separate from a Trust created by your Will and may be appropriate if you want to pass assets to Trustees immediately while retaining some control or oversight.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-9b5f001c0beaece04 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_9b5f001c0beaece04"><a aria-expanded="false" aria-controls="9b5f001c0beaece04" role="button" data-toggle="collapse" data-parent="#accordion-11320-4" data-target="#9b5f001c0beaece04" href="#9b5f001c0beaece04"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What happens to the Trust when my child dies?</span></a></h5></div><div id="9b5f001c0beaece04" class="panel-collapse collapse " aria-labelledby="toggle_9b5f001c0beaece04"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">This depends on how the Trust is structured. Typically, any remaining Trust assets will pass to other beneficiaries named in the Trust or your Will, such as siblings or other family members. Your solicitor can help you specify exactly what should happen in these circumstances.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-8ab4dcf10358f371e fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_8ab4dcf10358f371e"><a aria-expanded="false" aria-controls="8ab4dcf10358f371e" role="button" data-toggle="collapse" data-parent="#accordion-11320-4" data-target="#8ab4dcf10358f371e" href="#8ab4dcf10358f371e"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">How much does it cost to set up a Trust?</span></a></h5></div><div id="8ab4dcf10358f371e" class="panel-collapse collapse " aria-labelledby="toggle_8ab4dcf10358f371e"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Costs vary depending on the complexity of the Trust and your circumstances. Setting up a Trust within your Will is usually more cost-effective than creating a standalone lifetime Trust. Ongoing costs include trust registration and annual tax returns, which may require professional assistance.</span></p>
</div></div></div></div></div><div class="fusion-text fusion-text-63"></div><div class="fusion-title title fusion-title-40 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Why Professional Advice Matters</span></h2></div><div class="fusion-text fusion-text-64"><p><span style="font-weight: 400;">Every family situation is unique, and the most appropriate type of Trust will depend on your specific circumstances. Professional advice ensures that the right decisions are made for both you and your loved ones.</span></p>
<p><span style="font-weight: 400;">Considerations include:</span></p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-20 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">The nature and severity of your child&#8217;s vulnerability</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">The size of your estate</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Whether other beneficiaries need to be provided for</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Tax implications</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">How the Trust will be administered in practice</div></li></ul><div class="fusion-text fusion-text-65"><p><span style="font-weight: 400;">If you would like tailored advice on <a href="/personal-law/wills-trusts-estate-planning/wills-and-estate-planning/">Estate Planning</a> and creating a Trust to protect a <a href="/personal-law/wills-trusts-estate-planning/vulnerable-beneficiaries/">vulnerable child</a>, our experienced</span><a href="/personal-law/wills-trusts-estate-planning/"> <span style="font-weight: 400;">Wills and Probate team</span></a><span style="font-weight: 400;"> is here to help.</span></p>
</div></div></div></div></div>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/providing-for-vulnerable-children-in-your-will-trust-options-explained/">Providing for Vulnerable Children in Your Will: Trust Options Explained</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
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		<title>Trusts &#038; Estate Planning Beyond the Will</title>
		<link>https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/trusts-estate-planning-beyond-the-will/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 06 Mar 2026 09:59:39 +0000</pubDate>
				<category><![CDATA[Private Client (Wills and Probate)]]></category>
		<category><![CDATA[Kathryn Thornewill TEP]]></category>
		<guid isPermaLink="false">https://franklins.global-exposure.co.uk/?p=11309</guid>

					<description><![CDATA[<p>While wills are essential for outlining your wishes after death, many individuals choose to take their estate planning further by using trusts as a powerful tool for control, protection and long-term planning. Trusts can offer valuable benefits both during your lifetime and beyond, particularly when it comes to managing wealth, minimising tax and providing  [...]</p>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/trusts-estate-planning-beyond-the-will/">Trusts &#038; Estate Planning Beyond the Will</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div class="fusion-fullwidth fullwidth-box fusion-builder-row-6 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling" style="--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;" ><div class="fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap" style="max-width:1256.6px;margin-left: calc(-3% / 2 );margin-right: calc(-3% / 2 );"><div class="fusion-layout-column fusion_builder_column fusion-builder-column-5 fusion_builder_column_1_1 1_1 fusion-flex-column" style="--awb-bg-size:cover;--awb-width-large:100%;--awb-spacing-right-large:1.455%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.455%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.455%;--awb-spacing-left-medium:1.455%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.455%;--awb-spacing-left-small:1.455%;"><div class="fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column"><div class="fusion-text fusion-text-66"><p><span style="font-weight: 400;">While wills are essential for outlining your wishes after death, many individuals choose to take their estate planning further by using trusts as a powerful tool for control, protection and long-term planning. Trusts can offer valuable benefits both during your lifetime and beyond, particularly when it comes to managing wealth, minimising tax and providing for others with precision.</span></p>
<p><span style="font-weight: 400;">At Franklins Solicitors, we regularly advise clients on how to incorporate trusts into their wider estate strategy. When used correctly, they offer flexibility, clarity and peace of mind. But without proper legal guidance, they can also lead to unexpected risks.</span></p>
</div><div class="fusion-title title fusion-title-41 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Understanding Trusts: More Than Just for the Wealthy</span></h2></div><div class="fusion-text fusion-text-67"><p><span style="font-weight: 400;">A Trust is a legal arrangement where one or more people (the trustees) hold and manage assets on behalf of others (the beneficiaries). The person who creates the Trust is known as the settlor. Trusts can be used to pass on wealth, protect vulnerable individuals, manage property ownership or structure family business succession.</span></p>
<p><span style="font-weight: 400;">Contrary to common belief, trusts are not just for high-net-worth individuals. They are widely used in a range of everyday situations, including:</span></p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-21 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Providing for children or grandchildren</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Ring-fencing assets from care home fees or divorce</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Protecting beneficiaries with disabilities or addiction issues</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Managing assets after remarriage or in blended families</div></li></ul><div class="fusion-text fusion-text-68"><p><span style="font-weight: 400;">The key is to choose the right type of Trust and ensure it is properly established and maintained.</span></p>
</div><div class="fusion-title title fusion-title-42 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">When You Might Need a Trust</span></h2></div><div class="fusion-text fusion-text-69"><p><span style="font-weight: 400;">Trusts can address specific concerns that a basic will cannot. Common situations where trusts prove valuable include:</span></p>
</div><div class="fusion-title title fusion-title-43 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Second marriages and blended families</h3></div><div class="fusion-text fusion-text-70"><p><span style="font-weight: 400;">A life interest Trust allows your spouse to benefit from assets during their lifetime (for example, living in the family home or receiving investment income) while ensuring the capital ultimately passes to your children from a previous relationship.</span></p>
</div><div class="fusion-title title fusion-title-44 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Young or financially inexperienced beneficiaries</h3></div><div class="fusion-text fusion-text-71"><p><span style="font-weight: 400;">Rather than inheriting a large sum at 18, funds can be held in Trust and released at specific ages or milestones, such as completing education or buying a first home.</span></p>
</div><div class="fusion-title title fusion-title-45 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Vulnerable family members</h3></div><div class="fusion-text fusion-text-72"><p>Trusts can support relatives with disabilities or mental health conditions without affecting their entitlement to means-tested benefits.</p>
</div><div class="fusion-title title fusion-title-46 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Business succession</h3></div><div class="fusion-text fusion-text-73"><p>Trusts can facilitate orderly handover of family businesses, protecting continuity and commercial value across generations.</p>
</div><div class="fusion-title title fusion-title-47 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Care fee planning</h3></div><div class="fusion-text fusion-text-74"><p>Certain Trust structures can help protect part of your estate from local authority assessment, though this must be approached carefully to avoid deprivation of assets challenges.</p>
</div><div class="fusion-title title fusion-title-48 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);">Common Types of Trust</h2></div><div class="fusion-text fusion-text-75"><p>There are several types of trust commonly used in estate planning, each suited to different circumstances:</p>
</div><div class="fusion-title title fusion-title-49 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Bare Trust</h3></div><div class="fusion-text fusion-text-76"><p>The simplest form, where the beneficiary has an absolute right to both the capital and income. Often used for straightforward gifts to children or grandchildren.</p>
</div><div class="fusion-title title fusion-title-50 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Life Interest Trust</h3></div><div class="fusion-text fusion-text-77"><p>Also known as an interest in possession trust. The beneficiary receives income or use of an asset (such as living in a property) during their lifetime, with the capital passing to others after their death.</p>
</div><div class="fusion-title title fusion-title-51 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Discretionary Trust</h3></div><div class="fusion-text fusion-text-78"><p>The most flexible option. Trustees have discretion over how and when to distribute income and capital among a class of beneficiaries. This allows them to respond to changing circumstances and individual needs.</p>
</div><div class="fusion-title title fusion-title-52 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Will Trust</h3></div><div class="fusion-text fusion-text-79"><p>A trust created within your will that only takes effect after your death. This avoids the need for a separate trust deed during your lifetime.</p>
<p>Each type has different tax implications and suitability depending on your circumstances.</p>
</div><div class="fusion-title title fusion-title-53 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);">Declarations of Trust: Clarifying Property Ownership</h2></div><div class="fusion-text fusion-text-80"><p>A declaration of trust is a specific type of legal document used to record how property is owned when two or more people have unequal financial interests. This is particularly common where one person has contributed more to a property deposit or mortgage, or where parents have helped a child buy their first home.</p>
<p>Without a declaration of trust, assumptions can lead to costly disputes later, especially if a relationship breaks down or if one co-owner dies. Having this documentation in place helps to clarify contributions and entitlements from the outset, offering protection and transparency for all parties involved.</p>
</div><div class="fusion-title title fusion-title-54 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">The Dangers of Gifting Property into a Trust</h2></div><div class="fusion-text fusion-text-81"><p>In recent years, some individuals have been encouraged to gift their property into a trust as a way of avoiding care home fees or inheritance tax. While this strategy might sound appealing, it can be highly risky and, in many cases, ineffective.</p>
<p>If not done correctly, such transfers may be challenged by local authorities under deprivation of assets rules. They could also create unexpected tax liabilities or even result in the loss of legal control over your home.</p>
<p>At <a href="/">Franklins</a>, we strongly recommend <a href="/contact-us/">seeking advice</a> before making any decisions about gifting assets. A full understanding of the legal and financial consequences is essential before proceeding.</p>
</div><div class="fusion-text fusion-text-82"></div><div class="fusion-title title fusion-title-55 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">Choosing the Right Trustees</h2></div><div class="fusion-text fusion-text-83"><p><span style="font-weight: 400;">Appointing trustees is one of the most important decisions when setting up a trust. Trustees have wide-ranging legal responsibilities, including:</span></p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-22 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Managing and investing trust assets prudently</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Making decisions in the beneficiaries&#8217; best interests</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Keeping accurate records and accounts</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Complying with tax obligations and reporting requirements</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Dealing with trust administration</div></li></ul><div class="fusion-text fusion-text-84"><p>When choosing trustees, consider people who:</p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-23 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Understand the needs and circumstances of the beneficiaries</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Can work together effectively if more than one is appointed</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Have the financial capability and judgment to manage the responsibilities</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Are willing to act and likely to remain available long-term</div></li></ul><div class="fusion-text fusion-text-85"><p><span style="font-weight: 400;">Many families appoint a combination of trusted family members and professional trustees (such as solicitors) to balance personal knowledge with professional expertise and continuity.</span></p>
</div><div class="fusion-title title fusion-title-56 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">Trust Registration: Staying Compliant</h2></div><div class="fusion-text fusion-text-86"><p><span style="font-weight: 400;">Since the introduction of the Trust Registration Service (TRS), many Trusts, including some that were previously exempt, are now required to be registered with HMRC. This includes certain bare trusts and co-ownership arrangements that many people do not realise qualify.</span></p>
<p><span style="font-weight: 400;">Failure to register a Trust can result in penalties and complications, especially when administering an estate or selling a property. Our team provides clear guidance on whether your Trust needs to be registered, and we can manage the registration process for you.</span></p>
<p><span style="font-weight: 400;">The TRS is part of HMRC&#8217;s efforts to improve transparency and prevent money laundering. Even if you created a Trust years ago, you may now have registration obligations.</span></p>
</div><div class="fusion-title title fusion-title-57 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">Ongoing Trust Administration</h2></div><div class="fusion-text fusion-text-87"><p><span style="font-weight: 400;">Creating a trust is not a one-off event. Trusts require ongoing administration, which can include:</span></p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-24 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Preparing annual trust accounts</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Filing trust tax returns</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Registering with HMRC&#8217;s Trust Registration Service</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Managing investments and distributions</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Communicating with beneficiaries</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Keeping detailed records</div></li></ul><div class="fusion-text fusion-text-88"><p><span style="font-weight: 400;">Professional trustees typically handle these responsibilities as part of their service. For family trustees, understanding these obligations before agreeing to act is essential.</span></p>
</div><div class="fusion-title title fusion-title-58 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">Tax Considerations</h2></div><div class="fusion-text fusion-text-89"><p><span style="font-weight: 400;">Trusts have complex tax implications that vary depending on the type of trust and when it was created. Key tax issues include:</span></p>
</div><div class="fusion-title title fusion-title-59 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Inheritance Tax</h3></div><div class="fusion-text fusion-text-90"><p><span style="font-weight: 400;">Assets placed in most trusts during your lifetime are treated as chargeable lifetime transfers and may trigger an immediate tax charge if they exceed the nil-rate band (currently £325,000). If you survive seven years after creating the trust, the assets generally fall outside your estate for inheritance tax purposes.</span></p>
</div><div class="fusion-title title fusion-title-60 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Income Tax</h3></div><div class="fusion-text fusion-text-91"><p><span style="font-weight: 400;">Income generated within a trust is typically taxed at higher rates than income received by individuals. The specific rates depend on the trust type.</span></p>
</div><div class="fusion-title title fusion-title-61 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Capital Gains Tax</h3></div><div class="fusion-text fusion-text-92"><p><span style="font-weight: 400;">Trusts have their own capital gains tax allowance, currently half the personal allowance available to individuals.</span></p>
<p><span style="font-weight: 400;">Professional advice is essential to understand how these taxes apply to your specific situation and to structure trusts in the most tax-efficient manner.</span></p>
</div><div class="fusion-title title fusion-title-62 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Frequently Asked Questions</span></h2></div><div class="accordian fusion-accordian" style="margin-bottom:10px;--awb-margin-bottom:10px;--awb-padding-top:20px;--awb-padding-bottom:20px;--awb-border-size:1px;--awb-icon-size:20px;--awb-content-font-size:var(--awb-typography4-font-size);--awb-icon-alignment:left;--awb-hover-color:var(--awb-color2);--awb-border-color:var(--awb-color3);--awb-background-color:var(--awb-color1);--awb-divider-color:#e8e8e8;--awb-divider-hover-color:var(--awb-color3);--awb-icon-color:var(--awb-color6);--awb-title-color:var(--awb-color4);--awb-content-color:var(--awb-color6);--awb-icon-box-color:var(--awb-color8);--awb-toggle-hover-accent-color:var(--awb-color5);--awb-toggle-active-accent-color:var(--awb-color5);--awb-title-font-family:&quot;Lato&quot;;--awb-title-font-weight:400;--awb-title-font-style:normal;--awb-title-font-size:20px;--awb-title-letter-spacing:var(--awb-typography1-letter-spacing);--awb-title-line-height:var(--awb-typography1-line-height);--awb-content-font-family:&quot;Lato&quot;;--awb-content-font-style:normal;--awb-content-font-weight:400;"><div class="panel-group fusion-toggle-icon-unboxed" id="accordion-11309-5"><div class="fusion-panel panel-default panel-c196de899e570db57 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_c196de899e570db57"><a aria-expanded="false" aria-controls="c196de899e570db57" role="button" data-toggle="collapse" data-parent="#accordion-11309-5" data-target="#c196de899e570db57" href="#c196de899e570db57"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Are Trusts only useful for avoiding tax?</span></a></h5></div><div id="c196de899e570db57" class="panel-collapse collapse " aria-labelledby="toggle_c196de899e570db57"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">No. While Trusts can be tax-efficient when used correctly, their primary purposes are often asset protection, providing for vulnerable beneficiaries, managing succession planning and ensuring assets are distributed according to your wishes over time. Tax saving is one benefit, but rarely the only reason to use a trust.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-7e476190990bfd281 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_7e476190990bfd281"><a aria-expanded="false" aria-controls="7e476190990bfd281" role="button" data-toggle="collapse" data-parent="#accordion-11309-5" data-target="#7e476190990bfd281" href="#7e476190990bfd281"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Can I change a Trust after it's been set up?</span></a></h5></div><div id="7e476190990bfd281" class="panel-collapse collapse " aria-labelledby="toggle_7e476190990bfd281"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">It depends on the type of trust. Some trusts can be varied or revoked, while others, once established, cannot be changed. The terms of the trust deed will specify what flexibility exists. This is why getting the structure right from the outset is so important.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-fcbcec5e34002d728 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_fcbcec5e34002d728"><a aria-expanded="false" aria-controls="fcbcec5e34002d728" role="button" data-toggle="collapse" data-parent="#accordion-11309-5" data-target="#fcbcec5e34002d728" href="#fcbcec5e34002d728"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Do all trusts need to be registered with HMRC?</span></a></h5></div><div id="fcbcec5e34002d728" class="panel-collapse collapse " aria-labelledby="toggle_fcbcec5e34002d728"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Not all Trusts require registration, but many do. The Trust Registration Service applies to most express trusts, including those created in wills once the estate is being administered. Certain simple bare trusts and some co-ownership arrangements may be exempt, but the rules are complex.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-3e7c99c7c6310e2b5 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_3e7c99c7c6310e2b5"><a aria-expanded="false" aria-controls="3e7c99c7c6310e2b5" role="button" data-toggle="collapse" data-parent="#accordion-11309-5" data-target="#3e7c99c7c6310e2b5" href="#3e7c99c7c6310e2b5"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What happens if my trustees disagree?</span></a></h5></div><div id="3e7c99c7c6310e2b5" class="panel-collapse collapse " aria-labelledby="toggle_3e7c99c7c6310e2b5"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">If trustees cannot reach agreement, the trust deed should set out how decisions are made. In serious cases of deadlock, it may be necessary to apply to the court for directions. Choosing trustees who can work together effectively is therefore crucial.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-16790e68f9203a420 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_16790e68f9203a420"><a aria-expanded="false" aria-controls="16790e68f9203a420" role="button" data-toggle="collapse" data-parent="#accordion-11309-5" data-target="#16790e68f9203a420" href="#16790e68f9203a420"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Can I be a trustee of my own Trust?</span></a></h5></div><div id="16790e68f9203a420" class="panel-collapse collapse " aria-labelledby="toggle_16790e68f9203a420"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Yes, in many cases you can act as trustee alongside others. However, for certain types of trust, particularly those designed for tax planning, acting as a trustee may affect the tax treatment. Professional advice is needed to ensure the structure achieves your objectives.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-2719d0d735429ca34 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_2719d0d735429ca34"><a aria-expanded="false" aria-controls="2719d0d735429ca34" role="button" data-toggle="collapse" data-parent="#accordion-11309-5" data-target="#2719d0d735429ca34" href="#2719d0d735429ca34"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">How much does it cost to set up and maintain a trust?</span></a></h5></div><div id="2719d0d735429ca34" class="panel-collapse collapse " aria-labelledby="toggle_2719d0d735429ca34"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Costs vary significantly depending on the complexity of the trust and whether professional trustees are appointed. Setting up a trust through your will typically costs less than creating a lifetime trust, but ongoing administration costs should also be factored in. We can provide clear cost estimates based on your specific circumstances.</span></p>
</div></div></div></div></div><div class="fusion-text fusion-text-93"></div><div class="fusion-title title fusion-title-63 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Thoughtful Planning, Expert Support</span></h2></div><div class="fusion-text fusion-text-94"><p><span style="font-weight: 400;">Trusts can be a valuable part of your estate plan, but they must be approached with care. With the right advice, they offer flexibility, protection and a way to meet your family&#8217;s needs long into the future. Without proper legal input, however, they can be misunderstood, misapplied and potentially challenged.</span></p>
<p><span style="font-weight: 400;">At <a href="/">Franklins</a>, we work closely with individuals, families and business owners to create bespoke trust and estate planning solutions that align with your goals. Whether you need to create a trust, register an existing one or understand your options, we are here to help you plan with clarity and confidence. </span></p>
<p><span style="font-weight: 400;">To discuss trust planning or any aspect of your estate,</span><a href="/contact-us/"> <span style="font-weight: 400;">contact us</span></a><span style="font-weight: 400;"> to arrange a consultation with our private client team.</span></p>
</div></div></div></div></div>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/trusts-estate-planning-beyond-the-will/">Trusts &#038; Estate Planning Beyond the Will</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
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		<title>Why You Need a Will and How to Get It Right</title>
		<link>https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/why-you-need-a-will-and-how-to-get-it-right/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 06 Mar 2026 09:40:29 +0000</pubDate>
				<category><![CDATA[Private Client (Wills and Probate)]]></category>
		<category><![CDATA[Kathryn Thornewill TEP]]></category>
		<guid isPermaLink="false">https://franklins.global-exposure.co.uk/?p=11294</guid>

					<description><![CDATA[<p>Despite its importance, writing a Will is something many people put off. It is not always easy to think about the future in this way, but making a Will is one of the most responsible steps you can take to protect your loved ones and ensure your wishes are respected. At Franklins Solicitors, we  [...]</p>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/why-you-need-a-will-and-how-to-get-it-right/">Why You Need a Will and How to Get It Right</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
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										<content:encoded><![CDATA[<div class="fusion-fullwidth fullwidth-box fusion-builder-row-7 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling" style="--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;" ><div class="fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap" style="max-width:1256.6px;margin-left: calc(-3% / 2 );margin-right: calc(-3% / 2 );"><div class="fusion-layout-column fusion_builder_column fusion-builder-column-6 fusion_builder_column_1_1 1_1 fusion-flex-column" style="--awb-bg-size:cover;--awb-width-large:100%;--awb-spacing-right-large:1.455%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.455%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.455%;--awb-spacing-left-medium:1.455%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.455%;--awb-spacing-left-small:1.455%;"><div class="fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column"><div class="fusion-text fusion-text-95"><p><span style="font-weight: 400;">Despite its importance, writing a Will is something many people put off. It is not always easy to think about the future in this way, but making a Will is one of the most responsible steps you can take to protect your loved ones and ensure your wishes are respected.</span></p>
<p><span style="font-weight: 400;">At Franklins Solicitors, we understand the impact a well-drafted Will can have, and more importantly, the problems that can arise when one is not in place.</span></p>
</div><div class="fusion-title title fusion-title-64 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">The Risks of Not Having a Will</h2></div><div class="fusion-text fusion-text-96"><p><span style="font-weight: 400;">When someone dies without a valid Will, their estate is distributed under the rules of intestacy. These rules are rigid, impersonal and often do not reflect modern family arrangements. For example, unmarried partners and stepchildren have no automatic right to inherit under intestacy, regardless of the nature or length of the relationship.</span></p>
<p><span style="font-weight: 400;">This can lead to distress, disputes and delays for those left behind, particularly if there are family members who believed they would inherit, or if there are disagreements over funeral wishes and financial arrangements.</span></p>
</div><div class="fusion-title title fusion-title-65 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">What happens under intestacy?</h3></div><div class="fusion-text fusion-text-97"><p><span style="font-weight: 400;">In England and Wales, if you die without a Will and your estate is worth more than £322,000, your spouse or civil partner will inherit the first £322,000, plus half of the remaining estate. The other half is divided between your children. If your estate is worth less than £322,000, your spouse inherits everything and your children receive nothing.</span></p>
<p><span style="font-weight: 400;">Unmarried partners receive nothing under intestacy, regardless of how long the relationship lasted. This means your partner could face significant financial hardship or even lose the family home.</span></p>
<p><span style="font-weight: 400;">Without a Will:</span></p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-25 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">You have no say in who receives your assets</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">You cannot name guardians for your children</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Your estate could face unnecessary tax or legal costs</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">You cannot name Executors</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Loved ones may be left out or forced into lengthy disputes</div></li></ul><div class="fusion-title title fusion-title-66 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">10 Reasons Why You Need a Will</span></h2></div><div class="fusion-title title fusion-title-67 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">1. Control who inherits your estate</h3></div><div class="fusion-text fusion-text-98"><p><span style="font-weight: 400;">A Will allows you to decide exactly who benefits from your estate and what they receive. You can leave specific items to particular people, make cash gifts, or divide your estate in percentages.</span></p>
</div><div class="fusion-title title fusion-title-68 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">2. Protect your unmarried partner</h3></div><div class="fusion-text fusion-text-99"><p><span style="font-weight: 400;">If you are not married or in a civil partnership, your partner has no automatic right to inherit anything from your estate, even if you have been together for decades or have children together. Only a Will can protect them.</span></p>
</div><div class="fusion-title title fusion-title-69 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">3. Appoint guardians for your children</h3></div><div class="fusion-text fusion-text-100"><p><span style="font-weight: 400;">If you have children under 18, a Will lets you choose who will look after them if both parents die. Without a Will, the court will decide, and this may not be the person you would have chosen.</span></p>
</div><div class="fusion-title title fusion-title-70 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">4. Reduce Inheritance Tax</h3></div><div class="fusion-text fusion-text-101"><p>Proper planning through your Will can help reduce the amount of Inheritance Tax your estate pays. This might include making use of tax reliefs, setting up trusts, or leaving gifts to charity.</p>
</div><div class="fusion-title title fusion-title-71 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">5. Protect your family home</h3></div><div class="fusion-text fusion-text-102"><p><span style="font-weight: 400;">You can use your Will to ensure your partner or children can continue living in the family home. This might involve leaving them the property outright, giving them a life interest, or setting up a trust.</span></p>
</div><div class="fusion-title title fusion-title-72 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">6. Provide for vulnerable family members</h3></div><div class="fusion-text fusion-text-103"><p>If you have a child or relative with a disability or who cannot manage money, you can set up a trust in your Will to provide for them without affecting their entitlement to means-tested benefits.</p>
</div><div class="fusion-title title fusion-title-73 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">7. Support causes you care about</h3></div><div class="fusion-text fusion-text-104"><p>A Will allows you to leave gifts to charities or causes that matter to you. Gifts to charity can also reduce the Inheritance Tax payable on your estate.</p>
</div><div class="fusion-title title fusion-title-74 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">8. Choose your Executors</h3></div><div class="fusion-text fusion-text-105"><p>Executors are responsible for administering your estate, paying debts and distributing assets. Your Will allows you to choose people you trust to carry out these important duties.</p>
</div><div class="fusion-title title fusion-title-75 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">9. Avoid family disputes</h3></div><div class="fusion-text fusion-text-106"><p>A clear, professionally drafted Will reduces the risk of arguments between family members. It sets out your wishes in legally binding terms, leaving little room for misunderstanding or challenge.</p>
</div><div class="fusion-title title fusion-title-76 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">10. Make your funeral wishes known</h3></div><div class="fusion-text fusion-text-107"><p>While not legally binding, your Will is an appropriate place to record preferences about your funeral arrangements, whether you wish to be buried or cremated, and any specific requests.</p>
</div><div class="fusion-title title fusion-title-77 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);">When Should You Make or Review Your Will?</h2></div><div class="fusion-text fusion-text-108"><p>You should review your Will every three to five years, or whenever your circumstances change significantly. Key life events that should prompt a review include:</p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-26 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content"><b>Marriage or civil partnership</b> &#8211; Marriage automatically revokes any previous Will unless it was made in contemplation of that specific marriage</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content"><b>Divorce or dissolution</b> &#8211; While divorce revokes gifts to your former spouse, other parts of your Will remain valid, which may not reflect your wishes</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content"><b>Separation </b>&#8211; Unlike divorce, separation has no legal effect on your Will, so your estranged partner could still inherit</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content"><b>Birth of children or grandchildren</b> &#8211; You may want to provide for new family members or update guardianship arrangements</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content"><b>Death of a beneficiary or Executor </b>&#8211; Your Will should be updated if someone named in it has died</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content"><b>Significant change in assets</b> &#8211; Buying or selling property, receiving an inheritance, or starting a business</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content"><b>Moving abroad or acquiring foreign assets</b> &#8211; UK Wills may not be valid in other jurisdictions</div></li></ul><div class="fusion-title title fusion-title-78 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">How to Make a Will: The Process</h2></div><div class="fusion-text fusion-text-109"><p><span style="font-weight: 400;">Making a Will involves several important steps:</span></p>
</div><div class="fusion-title title fusion-title-79 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">1. Value your estate</h3></div><div class="fusion-text fusion-text-110"><p><span style="font-weight: 400;">Calculate your total assets, including property, savings, investments, pensions and personal possessions. Deduct any debts such as mortgages, loans and credit cards to understand your net estate.</span></p>
</div><div class="fusion-title title fusion-title-80 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">2. Decide who should benefit</h3></div><div class="fusion-text fusion-text-111"><p><span style="font-weight: 400;">Consider who you want to inherit and what you want them to receive. Think about contingency plans if a beneficiary dies before you.</span></p>
</div><div class="fusion-title title fusion-title-81 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">3. Choose your Executors</h3></div><div class="fusion-text fusion-text-112"><p><span style="font-weight: 400;">Select trustworthy people who are capable of handling the responsibilities. Many people choose two Executors to share the workload. You can appoint professional Executors such as solicitors for complex estates.</span></p>
</div><div class="fusion-title title fusion-title-82 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">4. Consider tax planning</h3></div><div class="fusion-text fusion-text-113"><p>Think about whether your estate will be liable for Inheritance Tax and whether there are steps you can take to reduce this through your Will.</p>
</div><div class="fusion-title title fusion-title-83 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">5. Draft your Will</h3></div><div class="fusion-text fusion-text-114"><p>Have your Will professionally drafted to ensure it is legally valid and clearly expresses your wishes. Errors in wording or structure can invalidate a Will or create ambiguity.</p>
</div><div class="fusion-title title fusion-title-84 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">6. Sign and witness your Will</h3></div><div class="fusion-text fusion-text-115"><p>In England and Wales, your Will must be signed by you in the presence of two independent witnesses, who must also sign in your presence. Witnesses cannot be beneficiaries or married to beneficiaries.</p>
</div><div class="fusion-title title fusion-title-85 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">7. Store your Will safely</h3></div><div class="fusion-text fusion-text-116"><p>Keep your Will in a secure location and ensure your Executors know where to find it. Many people store Wills with their solicitor or with the Probate Service for safekeeping.</p>
</div><div class="fusion-text fusion-text-117"></div><div class="fusion-title title fusion-title-86 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Getting It Right the First Time</span></h2></div><div class="fusion-text fusion-text-118"><p><span style="font-weight: 400;">In an age of online templates and DIY Will kits, it is tempting to take a shortcut. But a poorly drafted Will can cause more harm than good. Errors in wording, execution or even witnessing can render it invalid or open the door to costly and emotionally charged disputes.</span></p>
<p><span style="font-weight: 400;">Common problems with DIY Wills include:</span></p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-27 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Failing to meet legal requirements for signing and witnessing</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Ambiguous wording that causes confusion about your intentions</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Not accounting for tax implications</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Failing to include residuary clauses, leaving assets unallocated</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Not updating Wills after life changes</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Not considering what happens if beneficiaries die before you</div></li></ul><div class="fusion-text fusion-text-119"><p><span style="font-weight: 400;">Our experienced <a href="/personal-law/wills-trusts-estate-planning/wills-and-estate-planning/">Wills and Probate team</a> can help you avoid these risks. We ensure your Will is legally sound, clearly expressed and tailored to your personal circumstances, including any tax planning considerations, business succession issues or vulnerable beneficiaries.</span></p>
</div><div class="fusion-title title fusion-title-87 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">How Much Does It Cost to Make a Will?</span></h2></div><div class="fusion-text fusion-text-120"><p><span style="font-weight: 400;">The cost of making a Will varies depending on the complexity of your estate and your personal circumstances. For a straightforward Will, you might expect to pay between £150 and £300 per person. More complex Wills involving trusts, business assets or tax planning may cost £500 or more.</span></p>
<p><span style="font-weight: 400;">While this might seem expensive compared to a DIY Will kit, the cost of getting it wrong can be far greater. An invalid or poorly drafted Will can result in expensive legal disputes, unintended tax liabilities or your estate being distributed in ways you never intended.</span></p>
</div><div class="fusion-title title fusion-title-88 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Frequently Asked Questions</span></h2></div><div class="accordian fusion-accordian" style="margin-bottom:10px;--awb-margin-bottom:10px;--awb-padding-top:20px;--awb-padding-bottom:20px;--awb-border-size:1px;--awb-icon-size:20px;--awb-content-font-size:var(--awb-typography4-font-size);--awb-icon-alignment:left;--awb-hover-color:var(--awb-color2);--awb-border-color:var(--awb-color3);--awb-background-color:var(--awb-color1);--awb-divider-color:#e8e8e8;--awb-divider-hover-color:var(--awb-color3);--awb-icon-color:var(--awb-color6);--awb-title-color:var(--awb-color4);--awb-content-color:var(--awb-color6);--awb-icon-box-color:var(--awb-color8);--awb-toggle-hover-accent-color:var(--awb-color5);--awb-toggle-active-accent-color:var(--awb-color5);--awb-title-font-family:&quot;Lato&quot;;--awb-title-font-weight:400;--awb-title-font-style:normal;--awb-title-font-size:20px;--awb-title-letter-spacing:var(--awb-typography1-letter-spacing);--awb-title-line-height:var(--awb-typography1-line-height);--awb-content-font-family:&quot;Lato&quot;;--awb-content-font-style:normal;--awb-content-font-weight:400;"><div class="panel-group fusion-toggle-icon-unboxed" id="accordion-11294-6"><div class="fusion-panel panel-default panel-67d0625f2bce03c56 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_67d0625f2bce03c56"><a aria-expanded="false" aria-controls="67d0625f2bce03c56" role="button" data-toggle="collapse" data-parent="#accordion-11294-6" data-target="#67d0625f2bce03c56" href="#67d0625f2bce03c56"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Can I write my own Will?</span></a></h5></div><div id="67d0625f2bce03c56" class="panel-collapse collapse " aria-labelledby="toggle_67d0625f2bce03c56"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Yes, but we strongly advise against it unless your affairs are very simple. DIY Wills often contain errors that can invalidate them or create ambiguity. Even small mistakes in wording or witnessing can cause serious problems for your family.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-b3b603fa23709eaf8 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_b3b603fa23709eaf8"><a aria-expanded="false" aria-controls="b3b603fa23709eaf8" role="button" data-toggle="collapse" data-parent="#accordion-11294-6" data-target="#b3b603fa23709eaf8" href="#b3b603fa23709eaf8"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What happens if I die while abroad?</span></a></h5></div><div id="b3b603fa23709eaf8" class="panel-collapse collapse " aria-labelledby="toggle_b3b603fa23709eaf8"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">If you die while temporarily abroad, your UK Will should still be valid. However, if you own property or assets in another country, you may need a separate Will for those assets, as UK Wills are not always recognised overseas.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-5e4756ae66d122d2b fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_5e4756ae66d122d2b"><a aria-expanded="false" aria-controls="5e4756ae66d122d2b" role="button" data-toggle="collapse" data-parent="#accordion-11294-6" data-target="#5e4756ae66d122d2b" href="#5e4756ae66d122d2b"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Can I leave someone out of my Will?</span></a></h5></div><div id="5e4756ae66d122d2b" class="panel-collapse collapse " aria-labelledby="toggle_5e4756ae66d122d2b"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Yes, but certain people can make a claim against your estate if they feel they have not been adequately provided for. This includes spouses, civil partners, former spouses (in some cases), children and anyone financially dependent on you.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-735f6d9a56041c3ef fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_735f6d9a56041c3ef"><a aria-expanded="false" aria-controls="735f6d9a56041c3ef" role="button" data-toggle="collapse" data-parent="#accordion-11294-6" data-target="#735f6d9a56041c3ef" href="#735f6d9a56041c3ef"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What if my circumstances change after I make my Will?</span></a></h5></div><div id="735f6d9a56041c3ef" class="panel-collapse collapse " aria-labelledby="toggle_735f6d9a56041c3ef"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">You can update your Will at any time by making a codicil (a formal amendment) or by writing a new Will. We recommend reviewing your Will every few years or after major life events.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-0d45d026da316fa9d fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_0d45d026da316fa9d"><a aria-expanded="false" aria-controls="0d45d026da316fa9d" role="button" data-toggle="collapse" data-parent="#accordion-11294-6" data-target="#0d45d026da316fa9d" href="#0d45d026da316fa9d"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Do I need a separate Will if I remarry?</span></a></h5></div><div id="0d45d026da316fa9d" class="panel-collapse collapse " aria-labelledby="toggle_0d45d026da316fa9d"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Yes. Marriage automatically revokes any previous Will unless it was made specifically in contemplation of that marriage. You should make a new Will as soon as possible after marrying.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-490cde9eef4f77a2a fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_490cde9eef4f77a2a"><a aria-expanded="false" aria-controls="490cde9eef4f77a2a" role="button" data-toggle="collapse" data-parent="#accordion-11294-6" data-target="#490cde9eef4f77a2a" href="#490cde9eef4f77a2a"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What happens to my digital assets?</span></a></h5></div><div id="490cde9eef4f77a2a" class="panel-collapse collapse " aria-labelledby="toggle_490cde9eef4f77a2a"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Digital assets such as social media accounts, online photos and cryptocurrency can be addressed in your Will. You should include instructions for your Executors on how to access and manage these assets.</span></p>
</div></div></div></div></div><div class="fusion-text fusion-text-121"></div><div class="fusion-title title fusion-title-89 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Protect Your Wishes, Plan with Confidence</span></h2></div><div class="fusion-text fusion-text-122"><p><a href="/personal-law/wills-trusts-estate-planning/wills-and-estate-planning/"><span style="font-weight: 400;">Making a Will</span></a><span style="font-weight: 400;"> is one of the simplest and most important things you can do to protect your family&#8217;s future. At Franklins, we make the process straightforward, respectful and secure.</span></p>
<p><span style="font-weight: 400;">Whether you are</span><a href="/personal-law/wills-trusts-estate-planning/wills-and-estate-planning/"> <span style="font-weight: 400;">making a Will for the first time</span></a><span style="font-weight: 400;"> or</span> <span style="font-weight: 400;">updating an existing one</span><span style="font-weight: 400;">, we provide clear, practical advice every step of the way.</span></p>
<p><span style="font-weight: 400;">To arrange a consultation with our private client team at our Northampton or Milton Keynes office,</span><a href="/contact-us/"> <span style="font-weight: 400;">contact us</span></a><span style="font-weight: 400;"> today.</span></p>
</div></div></div></div></div>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/private-client-wills-and-probate/why-you-need-a-will-and-how-to-get-it-right/">Why You Need a Will and How to Get It Right</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
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		<title>What to Do Next if You Have Received Children Act Proceedings</title>
		<link>https://www.franklins-sols.co.uk/insights/blogs/family-matters/what-to-do-next-if-you-have-received-children-act-proceedings/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Thu, 05 Mar 2026 23:41:23 +0000</pubDate>
				<category><![CDATA[Family Matters]]></category>
		<category><![CDATA[Nikita Bhara]]></category>
		<guid isPermaLink="false">https://franklins.global-exposure.co.uk/?p=11159</guid>

					<description><![CDATA[<p>Facing legal proceedings involving children can be a daunting and emotionally challenging experience. If you find yourself served with a C100 application under the Children Act 1989, it is crucial that you quickly try to get to grips with your rights and responsibilities. This article provides you with an understanding of what you should  [...]</p>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/family-matters/what-to-do-next-if-you-have-received-children-act-proceedings/">What to Do Next if You Have Received Children Act Proceedings</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div class="fusion-fullwidth fullwidth-box fusion-builder-row-8 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling" style="--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;" ><div class="fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap" style="max-width:1256.6px;margin-left: calc(-3% / 2 );margin-right: calc(-3% / 2 );"><div class="fusion-layout-column fusion_builder_column fusion-builder-column-7 fusion_builder_column_1_1 1_1 fusion-flex-column" style="--awb-bg-size:cover;--awb-width-large:100%;--awb-spacing-right-large:1.455%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.455%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.455%;--awb-spacing-left-medium:1.455%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.455%;--awb-spacing-left-small:1.455%;"><div class="fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column"><div class="fusion-text fusion-text-123"><p><span style="font-weight: 400;">Facing legal proceedings involving children can be a daunting and emotionally challenging experience. If you find yourself served with a </span><a href="https://www.gov.uk/government/publications/form-c100-application-under-the-children-act-1989-for-a-child-arrangements-prohibited-steps-specific-issue-section-8-order-or-to-vary-or-discharge"><span style="font-weight: 400;">C100 application under the Children Act 1989</span></a><span style="font-weight: 400;">, it is crucial that you quickly try to get to grips with your rights and responsibilities.</span></p>
<p><span style="font-weight: 400;">This article provides you with an understanding of what you should do if you are served with a C100 application and an insight into your next steps.</span></p>
</div><div class="fusion-title title fusion-title-90 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Understanding the C100 Application</span></h2></div><div class="fusion-text fusion-text-124"><p><span style="font-weight: 400;">The C100 application is a court form used in family law cases within England and Wales, specifically under the Children Act 1989. This application initiates proceedings related to children, such as issues associated with living arrangements, spending time arrangements and parental responsibility.</span></p>
<p><span style="font-weight: 400;">If you are served with a C100 application, it means that someone, often the other parent, is seeking a court order in relation to your child or children.</span></p>
</div><div class="fusion-title title fusion-title-91 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">1. Stay Calm and Seek Independent Legal Advice</span></h2></div><div class="fusion-text fusion-text-125"><p><span style="font-weight: 400;">On receiving a C100 application, it is natural to feel overwhelmed and anxious. It is essential, however, to stay calm and avoid making hasty decisions.</span></p>
<p><span style="font-weight: 400;">You need to respond, not react, and preferably through a solicitor. Seeking independent legal advice should be your first step.</span></p>
<p><span style="font-weight: 400;">Consult an experienced</span><a href="/family-law/children-law-solicitors/"> <span style="font-weight: 400;">family law solicitor</span></a><span style="font-weight: 400;"> who can guide you through the legal process, explain the legal position for both you and your child or children, and help you understand the implications of the application.</span></p>
</div><div class="fusion-title title fusion-title-92 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">2. Read the Application Thoroughly</span></h2></div><div class="fusion-text fusion-text-126"><p><span style="font-weight: 400;">Carefully read the C100 application and try to understand the nature of the orders the court is being asked to make. This document will outline the specific issues the applicant, probably the other parent, is bringing before the court.</span></p>
<p><span style="font-weight: 400;">Take your time to absorb the information and take notes on anything you find confusing or concerning so that you are clear what you need advice on.</span></p>
</div><div class="fusion-text fusion-text-127"></div><div class="fusion-title title fusion-title-93 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">3. Respond Promptly</span></h2></div><div class="fusion-text fusion-text-128"><p><span style="font-weight: 400;">The court will set a specific deadline for you to respond to the C100 application. Failing to respond within the stipulated timeframe might prejudice your position.</span></p>
<p><span style="font-weight: 400;">Work closely with your solicitor to craft a well-considered response that addresses each point raised in the application and indeed puts any others you feel should also be before the court.</span></p>
</div><div class="fusion-title title fusion-title-94 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">4. Attend All Court Hearings</h2></div><div class="fusion-text fusion-text-129"><p><span style="font-weight: 400;">It will be crucial for you to attend all scheduled hearings. Failing to do so could negatively impact the court&#8217;s perception of your commitment to the process and indeed your child or children.</span></p>
<p><span style="font-weight: 400;">Follow your solicitor&#8217;s advice on presenting your case effectively, providing input promptly and completely when asked.</span></p>
</div><div class="fusion-title title fusion-title-95 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">5. Comply with Court Orders</h2></div><div class="fusion-text fusion-text-130"><p><span style="font-weight: 400;">The court is likely to issue orders setting out various deadlines during the proceedings. You and your solicitor, if applicable, should be aiming to comply with those to avoid legal complications or harming your position.</span></p>
</div><div class="fusion-title title fusion-title-96 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">6. Focus on the Child&#8217;s Best Interests</h2></div><div class="fusion-text fusion-text-131"><p><span style="font-weight: 400;">Your solicitor should provide you with specific advice on your legal position, and the prospect of your position rather than that of the other parent being accepted by the court.</span></p>
<p><span style="font-weight: 400;">You are well advised though to remember that these proceedings are to focus on the child or children and what is in their best interests, rather than what works best for you or the other parent.</span></p>
<p><span style="font-weight: 400;">Your family will be under the spotlight and that can be uncomfortable but the court will genuinely be trying to understand your family dynamic and circumstances and what living and spending time arrangements will work best.</span></p>
</div><div class="fusion-title title fusion-title-97 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Frequently Asked Questions About C100 Applications</span></h2></div><div class="accordian fusion-accordian" style="margin-bottom:10px;--awb-margin-bottom:10px;--awb-padding-top:20px;--awb-padding-bottom:20px;--awb-border-size:1px;--awb-icon-size:20px;--awb-content-font-size:var(--awb-typography4-font-size);--awb-icon-alignment:left;--awb-hover-color:var(--awb-color2);--awb-border-color:var(--awb-color3);--awb-background-color:var(--awb-color1);--awb-divider-color:#e8e8e8;--awb-divider-hover-color:var(--awb-color3);--awb-icon-color:var(--awb-color6);--awb-title-color:var(--awb-color4);--awb-content-color:var(--awb-color6);--awb-icon-box-color:var(--awb-color8);--awb-toggle-hover-accent-color:var(--awb-color5);--awb-toggle-active-accent-color:var(--awb-color5);--awb-title-font-family:&quot;Lato&quot;;--awb-title-font-weight:400;--awb-title-font-style:normal;--awb-title-font-size:20px;--awb-title-letter-spacing:var(--awb-typography1-letter-spacing);--awb-title-line-height:var(--awb-typography1-line-height);--awb-content-font-family:&quot;Lato&quot;;--awb-content-font-style:normal;--awb-content-font-weight:400;"><div class="panel-group fusion-toggle-icon-unboxed" id="accordion-11159-7"><div class="fusion-panel panel-default panel-8b3edafc86c61f556 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_8b3edafc86c61f556"><a aria-expanded="false" aria-controls="8b3edafc86c61f556" role="button" data-toggle="collapse" data-parent="#accordion-11159-7" data-target="#8b3edafc86c61f556" href="#8b3edafc86c61f556"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What is a C100 application?</span></a></h5></div><div id="8b3edafc86c61f556" class="panel-collapse collapse " aria-labelledby="toggle_8b3edafc86c61f556"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">A C100 application is the court form used to apply for a child arrangements order under the Children Act 1989. It is typically used when parents cannot agree on arrangements for their children, including where the child lives and how much time they spend with each parent.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-1c9f36c812584a811 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_1c9f36c812584a811"><a aria-expanded="false" aria-controls="1c9f36c812584a811" role="button" data-toggle="collapse" data-parent="#accordion-11159-7" data-target="#1c9f36c812584a811" href="#1c9f36c812584a811"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">How long do I have to respond to a C100 application?</span></a></h5></div><div id="1c9f36c812584a811" class="panel-collapse collapse " aria-labelledby="toggle_1c9f36c812584a811"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">You must respond within the timeframe specified by the court, typically within 14 days of receiving the application. Missing this deadline can harm your position in the proceedings, so prompt action is essential.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-66e37abdabb945461 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_66e37abdabb945461"><a aria-expanded="false" aria-controls="66e37abdabb945461" role="button" data-toggle="collapse" data-parent="#accordion-11159-7" data-target="#66e37abdabb945461" href="#66e37abdabb945461"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Do I have to attend mediation before court?</span></a></h5></div><div id="66e37abdabb945461" class="panel-collapse collapse " aria-labelledby="toggle_66e37abdabb945461"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">In most cases, the applicant must attend a Mediation Information and Assessment Meeting (MIAM) before applying to court. If you are served with a C100, you may also be required to attend mediation unless there are exemptions, such as concerns about domestic abuse.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-555d446c8cfb9ace6 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_555d446c8cfb9ace6"><a aria-expanded="false" aria-controls="555d446c8cfb9ace6" role="button" data-toggle="collapse" data-parent="#accordion-11159-7" data-target="#555d446c8cfb9ace6" href="#555d446c8cfb9ace6"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What happens at the first court hearing?</span></a></h5></div><div id="555d446c8cfb9ace6" class="panel-collapse collapse " aria-labelledby="toggle_555d446c8cfb9ace6"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">The first hearing is usually a First Hearing Dispute Resolution Appointment (FHDRA). The court will try to identify the issues, explore whether an agreement can be reached, and may involve Cafcass (Children and Family Court Advisory and Support Service) to assess the situation.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-cda4cc8ade174d32a fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_cda4cc8ade174d32a"><a aria-expanded="false" aria-controls="cda4cc8ade174d32a" role="button" data-toggle="collapse" data-parent="#accordion-11159-7" data-target="#cda4cc8ade174d32a" href="#cda4cc8ade174d32a"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Can I represent myself in Children Act proceedings?</span></a></h5></div><div id="cda4cc8ade174d32a" class="panel-collapse collapse " aria-labelledby="toggle_cda4cc8ade174d32a"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">While you can represent yourself, known as being a litigant in person, this is not recommended.</span><a href="/family-law/children-law-solicitors/"> <span style="font-weight: 400;">Family law proceedings</span></a><span style="font-weight: 400;"> involving children are complex. Having experienced legal representation significantly improves your ability to present your case effectively.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-8be3e964353b2f2dc fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_8be3e964353b2f2dc"><a aria-expanded="false" aria-controls="8be3e964353b2f2dc" role="button" data-toggle="collapse" data-parent="#accordion-11159-7" data-target="#8be3e964353b2f2dc" href="#8be3e964353b2f2dc"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What if I cannot afford a solicitor?</span></a></h5></div><div id="8be3e964353b2f2dc" class="panel-collapse collapse " aria-labelledby="toggle_8be3e964353b2f2dc"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">You may be eligible for legal aid if you meet the financial criteria and there are specific circumstances such as domestic abuse. Alternatively, some solicitors offer fixed-fee initial consultations or payment plans. It is worth discussing your options during your first appointment.</span></p>
</div></div></div></div></div><div class="fusion-text fusion-text-132"></div><div class="fusion-title title fusion-title-98 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">How Franklins Can Help</span></h2></div><div class="fusion-text fusion-text-133"><p><span style="font-weight: 400;">Not many relish the prospect of contacting a solicitor, and here at Franklins we are realistic about that. We try to make the process of instructing us as simple as possible.</span></p>
<p><span style="font-weight: 400;">We offer an initial fixed-fee appointment, during which we try to give you an understanding of your legal position and what the future might hold.</span></p>
<p><span style="font-weight: 400;">If you have received a C100 application and need advice on</span> <span style="font-weight: 400;">child arrangements</span><span style="font-weight: 400;">, contact our <a href="/family-law/children-law-solicitors/">Family Law Support Team</a> on <a href="tel: 01908 660966">01908 660966</a> or email<a href="mailto:familysupportteam@franklins-sols.co.uk"> familysupportteam@franklins-sols.co.uk</a>.</span></p>
</div></div></div></div></div>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/family-matters/what-to-do-next-if-you-have-received-children-act-proceedings/">What to Do Next if You Have Received Children Act Proceedings</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
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		<title>Tips for Separated and Divorced Parents at Christmas</title>
		<link>https://www.franklins-sols.co.uk/insights/blogs/family-matters/tips-for-separated-and-divorced-parents-at-christmas/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Thu, 05 Mar 2026 23:32:56 +0000</pubDate>
				<category><![CDATA[Family Matters]]></category>
		<category><![CDATA[Mandip Bhachu]]></category>
		<guid isPermaLink="false">https://franklins.global-exposure.co.uk/?p=11154</guid>

					<description><![CDATA[<p>No one wishes to be feuding at Christmas time. To help support separated parents during this festive period, we have put together a few top tips for ensuring that Christmas contact is arranged without problems and disputes.  1. Make Proposals in Advance  One of the biggest problems we see as family solicitors in  [...]</p>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/family-matters/tips-for-separated-and-divorced-parents-at-christmas/">Tips for Separated and Divorced Parents at Christmas</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
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										<content:encoded><![CDATA[<div class="fusion-fullwidth fullwidth-box fusion-builder-row-9 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling" style="--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;" ><div class="fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap" style="max-width:1256.6px;margin-left: calc(-3% / 2 );margin-right: calc(-3% / 2 );"><div class="fusion-layout-column fusion_builder_column fusion-builder-column-8 fusion_builder_column_1_1 1_1 fusion-flex-column" style="--awb-bg-size:cover;--awb-width-large:100%;--awb-spacing-right-large:1.455%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.455%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.455%;--awb-spacing-left-medium:1.455%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.455%;--awb-spacing-left-small:1.455%;"><div class="fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column"><div class="fusion-text fusion-text-134"><p><span style="font-weight: 400;">No one wishes to be feuding at Christmas time. To help support separated parents during this festive period, we have put together a few top tips for ensuring that Christmas contact is arranged without problems and disputes.</span></p>
</div><div class="fusion-title title fusion-title-99 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">1. Make Proposals in Advance</span></h2></div><div class="fusion-text fusion-text-135"><p><span style="font-weight: 400;">One of the biggest problems we see as family solicitors in the weeks before Christmas is parents attempting to arrange Christmas contact way into December.</span></p>
<p><span style="font-weight: 400;">It is understandable that both parents will want to spend time with their child or children at Christmas time. This is why it is imperative that proposals are made far enough in advance to allow an open dialogue and negotiations in the child&#8217;s best interests.</span></p>
<p><span style="font-weight: 400;">If verbal communication between the parents is not an option, they should consider other methods of communication such as text message or email proposals.</span></p>
</div><div class="fusion-title title fusion-title-100 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Allow time for professional help if needed</h3></div><div class="fusion-text fusion-text-136"><p><span style="font-weight: 400;">In the event that the parents are unable to agree directly, this also means there is enough time to make a referral to</span> <span style="font-weight: 400;">mediation</span><span style="font-weight: 400;"> or <a href="/contact-us/">consult a solicitor</a> to aid in this process.</span></p>
</div><div class="fusion-title title fusion-title-101 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">2. There Is No Set Formula for Christmas Arrangements</span></h2></div><div class="fusion-text fusion-text-137"><p><span style="font-weight: 400;">It is whatever works best for the child. Here are some practical solutions that work for many families:</span></p>
</div><div class="fusion-title title fusion-title-102 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Splitting Christmas Day</h3></div><div class="fusion-text fusion-text-138"><p><span style="font-weight: 400;">Some parents split Christmas day in half. Parent one wakes up with the child on Christmas morning. Then at a mutually agreed time, the child is collected by parent two to spend the remainder of the day with them.</span></p>
</div><div class="fusion-title title fusion-title-103 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Alternating Years</h3></div><div class="fusion-text fusion-text-139"><p><span style="font-weight: 400;">Some parents may alternate Christmas day on a yearly basis. The child will spend Christmas Eve and Christmas Day in year one with parent one. The following year, the child will spend Christmas Eve and Christmas Day with parent two.</span></p>
<p><span style="font-weight: 400;">Usually, the parent who the children don&#8217;t spend Christmas day with spends Boxing Day or New Year with them instead. This allows the child to enjoy a &#8216;second Christmas day&#8217; with that parent. The routine can be alternated each year.</span></p>
</div><div class="fusion-title title fusion-title-104 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Consider the Logistics</h3></div><div class="fusion-text fusion-text-140"><p><span style="font-weight: 400;">It is important to keep logistics in mind. Most parents wish to see their child on Christmas day. However, if the parents live some distance away from each other, is it really fair to expect the child to spend most of the special day travelling in the car?</span></p>
</div><div class="fusion-title title fusion-title-105 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;text-transform:capitalize;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">3. Be Careful Not to Give the Child Mixed Signals</span></h2></div><div class="fusion-text fusion-text-141"><p><span style="font-weight: 400;">Many</span> <span style="font-weight: 400;">separated parents</span><span style="font-weight: 400;"> agree that they should spend Christmas day together. The idea is to allow the children to open their presents and enjoy Christmas lunch with both parents.</span></p>
<p><span style="font-weight: 400;">Whilst this can work well in some families, where parents are amicable and there are no third parties such as new partners to consider, in many cases this simply doesn&#8217;t work.</span></p>
</div><div class="fusion-text fusion-text-142"></div><div class="fusion-title title fusion-title-106 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Why spending Christmas together can be problematic</h3></div><div class="fusion-text fusion-text-143"><p><span style="font-weight: 400;">Firstly, there is the possibility of the child witnessing animosity between their parents. This should not happen any day of the year, let alone Christmas.</span></p>
<p><span style="font-weight: 400;">Secondly, seeing the parents working together and remaining amicable during Christmas day may confuse the child. It may provide them with false hope that mummy and daddy are going to reconcile. They may find this difficult to deal with when, come Boxing Day, mummy and daddy are back in their separate houses with their separate lives.</span></p>
</div><div class="fusion-title title fusion-title-107 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">4. Discuss Gifts in Advance</span></h2></div><div class="fusion-text fusion-text-144"><p><span style="font-weight: 400;">In addition to contact arrangements, it may be prudent to have an open dialogue about gift purchases for your child.</span></p>
<p><span style="font-weight: 400;">It is important that neither parent adopts a competition mentality around special occasions. Although your child will no doubt appreciate the latest Disney princess or games console, he or she would benefit far more by seeing that his or her parents can get along amicably and facilitate good quality contact through this special time.</span></p>
</div><div class="fusion-title title fusion-title-108 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">5. Remember That the Child or Children Are Paramount</span></h2></div><div class="fusion-text fusion-text-145"><p><span style="font-weight: 400;">Arrangements must be made to ensure they have an enjoyable Christmas period and spend good quality time with both parents.</span></p>
<p><span style="font-weight: 400;">There is no better time than Christmas to put your differences aside and work together for your children. After all, it is the season of good will.</span></p>
</div><div class="fusion-title title fusion-title-109 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">FAQs About Christmas Arrangements</h2></div><div class="accordian fusion-accordian" style="margin-bottom:10px;--awb-margin-bottom:10px;--awb-padding-top:20px;--awb-padding-bottom:20px;--awb-border-size:1px;--awb-icon-size:20px;--awb-content-font-size:var(--awb-typography4-font-size);--awb-icon-alignment:left;--awb-hover-color:var(--awb-color2);--awb-border-color:var(--awb-color3);--awb-background-color:var(--awb-color1);--awb-divider-color:#e8e8e8;--awb-divider-hover-color:var(--awb-color3);--awb-icon-color:var(--awb-color6);--awb-title-color:var(--awb-color4);--awb-content-color:var(--awb-color6);--awb-icon-box-color:var(--awb-color8);--awb-toggle-hover-accent-color:var(--awb-color5);--awb-toggle-active-accent-color:var(--awb-color5);--awb-title-font-family:&quot;Lato&quot;;--awb-title-font-weight:400;--awb-title-font-style:normal;--awb-title-font-size:20px;--awb-title-letter-spacing:var(--awb-typography1-letter-spacing);--awb-title-line-height:var(--awb-typography1-line-height);--awb-content-font-family:&quot;Lato&quot;;--awb-content-font-style:normal;--awb-content-font-weight:400;"><div class="panel-group fusion-toggle-icon-unboxed" id="accordion-11154-8"><div class="fusion-panel panel-default panel-1ee73fecf3cb1784e fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_1ee73fecf3cb1784e"><a aria-expanded="false" aria-controls="1ee73fecf3cb1784e" role="button" data-toggle="collapse" data-parent="#accordion-11154-8" data-target="#1ee73fecf3cb1784e" href="#1ee73fecf3cb1784e"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">When should I start planning Christmas arrangements after separation?</span></a></h5></div><div id="1ee73fecf3cb1784e" class="panel-collapse collapse " aria-labelledby="toggle_1ee73fecf3cb1784e"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Begin discussions in October or early November at the latest. This allows enough time for negotiations, and if needed, referral to mediation or legal advice. Last-minute arrangements often lead to unnecessary stress for everyone.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-4e34b82cef9371d89 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_4e34b82cef9371d89"><a aria-expanded="false" aria-controls="4e34b82cef9371d89" role="button" data-toggle="collapse" data-parent="#accordion-11154-8" data-target="#4e34b82cef9371d89" href="#4e34b82cef9371d89"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What if my ex-partner won't agree to my Christmas proposal?</span></a></h5></div><div id="4e34b82cef9371d89" class="panel-collapse collapse " aria-labelledby="toggle_4e34b82cef9371d89"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">If you cannot reach an agreement directly, consider family mediation as a next step. A mediator can help facilitate constructive discussions.</span></p>
<p><span style="font-weight: 400;">If mediation is unsuccessful or inappropriate, you may need to seek legal advice about applying for a child arrangements order.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-d650a458e0ccb561d fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_d650a458e0ccb561d"><a aria-expanded="false" aria-controls="d650a458e0ccb561d" role="button" data-toggle="collapse" data-parent="#accordion-11154-8" data-target="#d650a458e0ccb561d" href="#d650a458e0ccb561d"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">Can I change existing Christmas arrangements if circumstances have changed?</span></a></h5></div><div id="d650a458e0ccb561d" class="panel-collapse collapse " aria-labelledby="toggle_d650a458e0ccb561d"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">If you have a child arrangements order in place, the Christmas arrangements may already be specified. However, if both parents agree, you can make different arrangements informally. Any changes should be confirmed in writing.</span></p>
<p><span style="font-weight: 400;">If you cannot agree, you may need to return to mediation or apply to court for a variation.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-07750d33954badca3 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_07750d33954badca3"><a aria-expanded="false" aria-controls="07750d33954badca3" role="button" data-toggle="collapse" data-parent="#accordion-11154-8" data-target="#07750d33954badca3" href="#07750d33954badca3"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">How do I tell my children about the new Christmas arrangements?</span></a></h5></div><div id="07750d33954badca3" class="panel-collapse collapse " aria-labelledby="toggle_07750d33954badca3"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Be honest but age-appropriate in your explanation. Focus on the positives, such as getting to celebrate with both parents and potentially having two special days.</span></p>
<p><span style="font-weight: 400;">Avoid speaking negatively about the other parent or sharing adult details about the separation. Reassure your children that both parents love them and want to spend time with them.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-f933aefbd2faf20eb fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_f933aefbd2faf20eb"><a aria-expanded="false" aria-controls="f933aefbd2faf20eb" role="button" data-toggle="collapse" data-parent="#accordion-11154-8" data-target="#f933aefbd2faf20eb" href="#f933aefbd2faf20eb"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">What if my child doesn't want to follow the agreed Christmas arrangements?</span></a></h5></div><div id="f933aefbd2faf20eb" class="panel-collapse collapse " aria-labelledby="toggle_f933aefbd2faf20eb"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Listen carefully to your child&#8217;s concerns. Remember that the arrangements have been made with their best interests in mind.</span></p>
<p><span style="font-weight: 400;">If your child is older, their wishes may carry more weight, but this doesn&#8217;t mean they have the final say. If there are genuine concerns, discuss them calmly with the other parent or seek advice from a family law solicitor.</span></p>
</div></div></div></div></div><div class="fusion-text fusion-text-146"></div><div class="fusion-title title fusion-title-110 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);"><span style="font-weight: 400;">Getting Help with Christmas Arrangements</span></h2></div><div class="fusion-text fusion-text-147"><p><span style="font-weight: 400;">If you need support arranging Christmas contact or have concerns about</span><a href="/personal-law/family-law/children-law-solicitors/"> <span style="font-weight: 400;">child arrangements</span></a><span style="font-weight: 400;">, our experienced <a href="/personal-law/family-law/">family law solicitors</a> can help.</span></p>
<p><span style="font-weight: 400;">Contact our <a href="/personal-law/family-law/">Family Law Support Team</a> on <a href="tel: 01908 660966">01908 660966</a> or email <a href="mailto:familysupportteam@franklins-sols.co.uk">familysupportteam@franklins-sols.co.uk</a>.</span></p>
</div></div></div></div></div>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/family-matters/tips-for-separated-and-divorced-parents-at-christmas/">Tips for Separated and Divorced Parents at Christmas</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
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		<title>Why a Shareholder Agreement is Essential to Protect Your Business</title>
		<link>https://www.franklins-sols.co.uk/insights/blogs/corporate/why-a-shareholder-agreement-is-essential-to-protect-your-business/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Thu, 05 Mar 2026 22:45:43 +0000</pubDate>
				<category><![CDATA[Corporate]]></category>
		<category><![CDATA[Christopher Buck]]></category>
		<guid isPermaLink="false">https://franklins.global-exposure.co.uk/?p=11138</guid>

					<description><![CDATA[<p>When setting up or growing a company with more than one shareholder, it’s easy to get caught up in day-to-day operations and push the legal paperwork to the back burner. But failing to have a proper shareholder agreement in place can be one of the most expensive mistakes a business makes - especially when  [...]</p>
<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/corporate/why-a-shareholder-agreement-is-essential-to-protect-your-business/">Why a Shareholder Agreement is Essential to Protect Your Business</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div class="fusion-fullwidth fullwidth-box fusion-builder-row-10 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling" style="--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;" ><div class="fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap" style="max-width:1256.6px;margin-left: calc(-3% / 2 );margin-right: calc(-3% / 2 );"><div class="fusion-layout-column fusion_builder_column fusion-builder-column-9 fusion_builder_column_1_1 1_1 fusion-flex-column" style="--awb-bg-size:cover;--awb-width-large:100%;--awb-spacing-right-large:1.455%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.455%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.455%;--awb-spacing-left-medium:1.455%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.455%;--awb-spacing-left-small:1.455%;"><div class="fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column"><div class="fusion-text fusion-text-148"><p><span style="font-weight: 400;">When setting up or growing a company with more than one shareholder, it’s easy to get caught up in day-to-day operations and push the legal paperwork to the back burner. But failing to have a proper shareholder agreement in place can be one of the most expensive mistakes a business makes &#8211; especially when things don’t go to plan.</span></p>
<p><span style="font-weight: 400;">This article explains what a shareholder agreement is, why it matters, the key clauses it should contain, and how share transfers work in practice.</span></p>
</div><div class="fusion-title title fusion-title-111 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">What Is a Shareholder Agreement?</h2></div><div class="fusion-text fusion-text-149"><p>A shareholder agreement is a private, legally binding contract between a company’s shareholders. It sets out:</p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-28 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">How the business is run</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">How decisions are made</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">How shares are owned, valued, and transferred</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">What happens if disagreements arise or a shareholder exits</div></li></ul><div class="fusion-text fusion-text-150"><p><span style="font-weight: 400;">Unlike the company’s articles of association, a shareholder agreement is </span><b>not publicly filed</b><span style="font-weight: 400;"> and can be customised to reflect the specific intentions of the shareholders. It provides clarity, certainty and a shared understanding of rights and responsibilities &#8211; especially during periods of conflict, growth or change.</span></p>
</div><div class="fusion-title title fusion-title-112 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">Why a Shareholder Agreement is Essential</h2></div><div class="fusion-text fusion-text-151"><p><span style="font-weight: 400;">Without a clear legal framework, disagreements can quickly lead to deadlock or litigation. A shareholder agreement helps prevent disputes by setting out the rules in advance.</span></p>
</div><div class="fusion-title title fusion-title-113 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Common Scenarios that Trigger Disputes</h3></div><div class="fusion-text fusion-text-152"><p>Disputes often arise when there is a lack of formal structure or clear rules. Typical flashpoints include:</p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-29 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">One shareholder wanting to sell their shares</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Disagreements over dividend policies or reinvestment</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Unequal workloads or contributions</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Death, incapacity or exit of a shareholder</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Bringing in new investors or directors</div></li></ul><div class="fusion-text fusion-text-153"><p><span style="font-weight: 400;">Without a written agreement, resolving these issues can lead to deadlock, costly litigation, or even the failure of the business.</span></p>
</div><div class="fusion-title title fusion-title-114 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">Shareholders Agreement Format – What Should It Include?</h2></div><div class="fusion-text fusion-text-154"><p>Every business is different, but most shareholder agreements follow a similar structure. A typical shareholders agreement format includes:</p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-30 fusion-checklist-default type-numbered"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no">1</span><div class="fusion-li-item-content">Definitions and interpretation</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no">2</span><div class="fusion-li-item-content">Share ownership and rights</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no">3</span><div class="fusion-li-item-content">Rules for transferring or selling shares</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no">4</span><div class="fusion-li-item-content">Decision-making processes and voting rights</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no">5</span><div class="fusion-li-item-content">Dividend policy and financial arrangements</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no">6</span><div class="fusion-li-item-content">Exit and succession provisions</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no">7</span><div class="fusion-li-item-content">Restrictive covenants to prevent competition</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no">8</span><div class="fusion-li-item-content">Dispute resolution processes</div></li></ul><div class="fusion-text fusion-text-155"><p><span style="font-weight: 400;">This structure provides a clear, consistent framework for shareholders and reduces ambiguity.</span></p>
</div><div class="fusion-title title fusion-title-115 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">Key Clauses to Include in a Shareholder Agreement</h2></div><div class="fusion-text fusion-text-156"><p><span style="font-weight: 400;">A robust agreement should be tailored to the business, but commonly includes:</span></p>
</div><div class="fusion-title title fusion-title-116 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Share transfers</h3></div><div class="fusion-text fusion-text-157"><p><span style="font-weight: 400;">Rules around selling or transferring shares, including pre-emption rights, drag-along and tag-along provisions.</span></p>
</div><div class="fusion-title title fusion-title-117 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Decision-making</h3></div><div class="fusion-text fusion-text-158"><p>A list of reserved matters that require unanimous or majority consent — protecting shareholders from unilateral decisions.</p>
</div><div class="fusion-title title fusion-title-118 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Dividend policy</h3></div><div class="fusion-text fusion-text-159"><p>How profits will be distributed or reinvested.</p>
</div><div class="fusion-title title fusion-title-119 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Exit strategy</h3></div><div class="fusion-text fusion-text-160"><p>What happens on retirement, death, or when a shareholder wants to sell.</p>
</div><div class="fusion-title title fusion-title-120 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Dispute resolution</h3></div><div class="fusion-text fusion-text-161"><p>Clear processes for resolving disagreements, such as mediation, arbitration or buy-out mechanisms.</p>
</div><div class="fusion-title title fusion-title-121 fusion-sep-none fusion-title-text fusion-title-size-three" style="--awb-text-color:var(--awb-color5);--awb-margin-bottom:10px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;--awb-font-size:25px;"><h3 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;font-size:1em;--fontSize:25;line-height:var(--awb-typography1-line-height);">Restrictive covenants</h3></div><div class="fusion-text fusion-text-162"><p>Provisions preventing shareholders from competing with the business after they leave.</p>
<p>Setting these rules in advance helps avoid confusion, tension, and costly disputes later.</p>
</div><div class="fusion-title title fusion-title-122 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">Share Transfers &#8211; Know the Process</h2></div><div class="fusion-text fusion-text-163"><p>Transferring shares is not always as simple as selling or gifting them. Depending on your company’s articles and shareholder agreement, transfers may require:</p>
</div><ul style="--awb-margin-bottom:20px;--awb-iconcolor:var(--awb-color5);--awb-line-height:28.9px;--awb-icon-width:28.9px;--awb-icon-height:28.9px;--awb-icon-margin:11.9px;--awb-content-margin:40.8px;" class="fusion-checklist fusion-checklist-31 fusion-checklist-default type-icons"><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Board or shareholder approval</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">A valuation or agreed pricing mechanism</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Signing a stock transfer form</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Updating the company’s register of members</div></li><li class="fusion-li-item" style=""><span class="icon-wrapper circle-no"><i class="fusion-li-icon fa-angle-right fas" aria-hidden="true"></i></span><div class="fusion-li-item-content">Filing changes at Companies House</div></li></ul><div class="fusion-text fusion-text-164"><p><span style="font-weight: 400;">Having a defined process protects minority shareholders, prevents unsuitable buyers from entering the business, and ensures legal compliance.</span></p>
</div><div class="fusion-text fusion-text-165"></div><div class="fusion-title title fusion-title-123 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">A Living Document</h2></div><div class="fusion-text fusion-text-166"><p><span style="font-weight: 400;">A shareholder agreement is not a “set and forget” document. As the business grows, brings in investment or changes direction, the agreement should be reviewed and updated to reflect new realities.</span></p>
<p><b>Thinking about drafting or updating a shareholder agreement? Don’t wait until a disagreement arises. Our <a href="/business-law/corporate-and-commercial/">Corporate Services team</a> can help you put robust protections in place now — saving time, money, and relationships later.</b></p>
</div><div class="fusion-title title fusion-title-124 fusion-sep-none fusion-title-text fusion-title-size-two" style="--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;"><h2 class="fusion-title-heading title-heading-left fusion-responsive-typography-calculated" style="margin:0;--fontSize:42;line-height:var(--awb-typography1-line-height);">FAQs About Shareholder Agreements</h2></div><div class="accordian fusion-accordian" style="margin-bottom:10px;--awb-margin-bottom:10px;--awb-padding-top:20px;--awb-padding-bottom:20px;--awb-border-size:1px;--awb-icon-size:20px;--awb-content-font-size:var(--awb-typography4-font-size);--awb-icon-alignment:left;--awb-hover-color:var(--awb-color2);--awb-border-color:var(--awb-color3);--awb-background-color:var(--awb-color1);--awb-divider-color:#e8e8e8;--awb-divider-hover-color:var(--awb-color3);--awb-icon-color:var(--awb-color6);--awb-title-color:var(--awb-color4);--awb-content-color:var(--awb-color6);--awb-icon-box-color:var(--awb-color8);--awb-toggle-hover-accent-color:var(--awb-color5);--awb-toggle-active-accent-color:var(--awb-color5);--awb-title-font-family:&quot;Lato&quot;;--awb-title-font-weight:400;--awb-title-font-style:normal;--awb-title-font-size:20px;--awb-title-letter-spacing:var(--awb-typography1-letter-spacing);--awb-title-line-height:var(--awb-typography1-line-height);--awb-content-font-family:&quot;Lato&quot;;--awb-content-font-style:normal;--awb-content-font-weight:400;"><div class="panel-group fusion-toggle-icon-unboxed" id="accordion-11138-9"><div class="fusion-panel panel-default panel-527dec62fac2f24ee fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_527dec62fac2f24ee"><a aria-expanded="false" aria-controls="527dec62fac2f24ee" role="button" data-toggle="collapse" data-parent="#accordion-11138-9" data-target="#527dec62fac2f24ee" href="#527dec62fac2f24ee"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">1. What is a shareholder agreement?</span></a></h5></div><div id="527dec62fac2f24ee" class="panel-collapse collapse " aria-labelledby="toggle_527dec62fac2f24ee"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">It is a private, legally binding contract between shareholders setting out how the company is run, how decisions are made and how shares can be transferred or sold.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-e995fd658139ec91e fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_e995fd658139ec91e"><a aria-expanded="false" aria-controls="e995fd658139ec91e" role="button" data-toggle="collapse" data-parent="#accordion-11138-9" data-target="#e995fd658139ec91e" href="#e995fd658139ec91e"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">2. Is a shareholder agreement legally binding?</span></a></h5></div><div id="e995fd658139ec91e" class="panel-collapse collapse " aria-labelledby="toggle_e995fd658139ec91e"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Yes. Once signed, it is enforceable in the same way as any contract and sits alongside the company’s articles of association.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-6145d47ff4e688c78 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_6145d47ff4e688c78"><a aria-expanded="false" aria-controls="6145d47ff4e688c78" role="button" data-toggle="collapse" data-parent="#accordion-11138-9" data-target="#6145d47ff4e688c78" href="#6145d47ff4e688c78"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">3. Who prepares a shareholder agreement?</span></a></h5></div><div id="6145d47ff4e688c78" class="panel-collapse collapse " aria-labelledby="toggle_6145d47ff4e688c78"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Shareholder agreements are typically drafted by corporate solicitors to ensure they are legally sound, commercially practical and tailored to the shareholders’ intentions.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-fadc4d3272e6f54e0 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_fadc4d3272e6f54e0"><a aria-expanded="false" aria-controls="fadc4d3272e6f54e0" role="button" data-toggle="collapse" data-parent="#accordion-11138-9" data-target="#fadc4d3272e6f54e0" href="#fadc4d3272e6f54e0"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">4. What happens if there is no shareholder agreement?</span></a></h5></div><div id="fadc4d3272e6f54e0" class="panel-collapse collapse " aria-labelledby="toggle_fadc4d3272e6f54e0"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">Disagreements may default to company law and the articles of association, which often lack the detail needed to resolve disputes, protect minority shareholders or manage exits.</span></p>
</div></div></div><div class="fusion-panel panel-default panel-58f58e9db36123db7 fusion-toggle-has-divider"><div class="panel-heading"><h5 class="panel-title toggle" id="toggle_58f58e9db36123db7"><a aria-expanded="false" aria-controls="58f58e9db36123db7" role="button" data-toggle="collapse" data-parent="#accordion-11138-9" data-target="#58f58e9db36123db7" href="#58f58e9db36123db7"><span class="fusion-toggle-icon-wrapper" aria-hidden="true"><i class="fa-fusion-box active-icon fa-angle-down fas" aria-hidden="true"></i><i class="fa-fusion-box inactive-icon fa-angle-right fas" aria-hidden="true"></i></span><span class="fusion-toggle-heading">5. Can I write my own shareholder agreement?</span></a></h5></div><div id="58f58e9db36123db7" class="panel-collapse collapse " aria-labelledby="toggle_58f58e9db36123db7"><div class="panel-body toggle-content fusion-clearfix">
<p><span style="font-weight: 400;">While templates exist, a self-drafted agreement may miss critical protections. For most businesses, a professionally drafted agreement avoids costly mistakes later.</span></p>
</div></div></div></div></div><div class="fusion-text fusion-text-167"><p><span style="font-weight: 400;">If you’re considering </span>selling your business<span style="font-weight: 400;">, our <a href="/business-law/corporate-and-commercial/">expert Corporate Services</a> team can guide you through each stage of the process with clarity and confidence. </span></p>
<p><span style="font-weight: 400;">Visit our</span><a href="/business-law/"> <b>Business Services</b></a><span style="font-weight: 400;"> or</span><a href="/business-law/corporate-and-commercial/business-contracts/"> <b>Business Contracts</b></a><span style="font-weight: 400;"> pages, or contact us to discuss your plans.</span></p>
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<p>The post <a href="https://www.franklins-sols.co.uk/insights/blogs/corporate/why-a-shareholder-agreement-is-essential-to-protect-your-business/">Why a Shareholder Agreement is Essential to Protect Your Business</a> appeared first on <a href="https://www.franklins-sols.co.uk">Franklins Solicitors</a>.</p>
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