Types of will trust in the UK explained
The three main will trusts in the UK are discretionary, life interest and bare trusts. Each gives beneficiaries different rights, and each is taxed differently, so the right one depends on who you want to protect and how much control you want to keep. A will trust is set out in your will and starts ... read more
Mirror wills vs joint wills: what couples should know
Mirror wills are two separate wills with matching terms, one for each partner. A joint will is a single document for two people and is rarely used in England and Wales. A third option, mutual wills, binds the survivor to an agreement not to change their will. Most couples want the same thing: look a... read more
Does getting married cancel your will?
Yes. In England and Wales, marriage or civil partnership automatically cancels an existing will, unless the will was made expecting to marry that particular person. Without a new will, the intestacy rules decide who inherits. That surprises many couples. You might have a will that leaves everything ... read more
What Happens If You Leave Inheritance to Someone on Benefits?
Inheritance Impact on Universal Credit: What Happens If You Leave Inheritance to Someone on Benefits? Receiving Inheritance While On Benefits Understanding Inheritance and Benefits Receiving an inheritance can affect Universal Credit because the money or assets you inherit are usually treated as cap... read more
Recent posts
- Discretionary trusts explained for families By Probate Bureau, 29/10/2026
- Letter of wishes By Probate Bureau, 29/10/2026
- What Is a Trust in a Will & How Does It Work? By Probate Bureau, 29/10/2026
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