ELM Legal Services
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How Can Beneficiary Designations EMPOWER Your Estate Plan?
Everything Estate Planning: Beneficiary Designations
Welcome to the ELM Legal Services RUclips Channel - your trusted source for estate planning insights in the UK.
Through our "Everything Estate Planning" series, we explore key topics to help you make informed decisions, protect your legacy, and streamline your planning process. Whether you’re just starting to plan your estate or fine-tuning an existing strategy, we’re here with expert guidance, practical advice, and useful tips.
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TODAY'S VIDEO ⭐
Are your ...
Просмотров: 29

Видео

The TRUTH About LIVING WILLS! Is There a BETTER ALTERNATIVE?
Просмотров 24Месяц назад
Everything Estate Planning: Living Wills Welcome to the ELM Legal Services RUclips Channel - your go-to resource for estate planning guidance in the UK. In our “Everything Estate Planning” series, we cover essential topics designed to empower you with the knowledge to make confident decisions, safeguard your legacy, and simplify your planning. Whether you’re beginning your estate planning journ...
Trusts 101: PROTECT Your Loved One's Inheritance
Просмотров 1422 месяца назад
Trusts 101: PROTECT Your Loved One's Inheritance
What is a Last Will & Testament? | Estate Planning in 60 Seconds
Просмотров 333 месяца назад
What is a Last Will & Testament? | Estate Planning in 60 Seconds
Lasting Powers of Attorney: EVERYTHING You NEED to Know!
Просмотров 1714 месяца назад
Lasting Powers of Attorney: EVERYTHING You NEED to Know!
Last Will & Testaments: WHY Are They SO IMPORTANT?
Просмотров 1314 месяца назад
Last Will & Testaments: WHY Are They SO IMPORTANT?
Estate Planning 101: The SMART Way to SECURE Your ASSETS!
Просмотров 1745 месяцев назад
Estate Planning 101: The SMART Way to SECURE Your ASSETS!
ESTATE PLANNING Made EASY with ELM Legal Services!
Просмотров 2115 месяцев назад
ESTATE PLANNING Made EASY with ELM Legal Services!

Комментарии

  • @jeffhillier1420
    @jeffhillier1420 16 дней назад

    Great explanation. Also deputyship has an annual fee, annual insurance policy, and random audits by the office of the public guardian .

  • @bmanzana13
    @bmanzana13 2 месяца назад

    I'll do you one better I heritance tax is the government stealing from your family and beneficiary while brandishing a gun so they can tax you on thing you already paid taxes for🖕

  • @Thursday7272
    @Thursday7272 2 месяца назад

    Quick question, are there any requirements about who can and can not sign as a witness? Can family members not present in the will sign it, like an aunt or grandmother? Also do you need to get a new witness if one of them dies?

    • @elm-legal-online
      @elm-legal-online 2 месяца назад

      The only legal requirements for a witness are that they must be over 18, have mental capacity, and be able to physically see the testator signing the will. However, if a beneficiary of a will acts as a witness, they forfeit any inheritance they were due under that will. We also strongly advise against any close relatives of a beneficiary signing as a witness, as this could be seen as a potential conflict of interest later on. It's best that your witnesses are impartial. If a witness dies, you do not need to get a new witness. However, if both witnesses pass away, it might be a good idea to create a new will, as witnesses can serve as a second line of defence if your will is ever contested. We'll have an in-depth video about the signing process coming soon! Hope that helps!

  • @loranutritionist
    @loranutritionist 2 месяца назад

    Ohhhh!! Thank you! While I’m not in England or whales, it does give me excellent questions to ask to make sure my Will is legally correct and valid

    • @elm-legal-online
      @elm-legal-online 2 месяца назад

      I'm glad we could help! We've got plenty more videos to come, but if you have any other questions you think it would be important for us to answer, just let us know!

  • @jeffhillier1420
    @jeffhillier1420 2 месяца назад

    The consequences of not doing LPA and how intrusive and expensive a deputyship order is, if you don't do LPA

    • @elm-legal-online
      @elm-legal-online 2 месяца назад

      Hi Jeff! We recently released a video talking about Lasting Powers of Attorney, you can check it out here: ruclips.net/video/rdtwZCNdHQ0/видео.html I will definitely pass on a message to the team as a video about deputyship is a great idea 😊

  • @Bellabeautyboss
    @Bellabeautyboss 4 месяца назад

    Really helpful advice!

    • @elm-legal-online
      @elm-legal-online 4 месяца назад

      We're really glad you found our video helpful 🤗