by johnireland | Estate Planning Essentials
The Problem Most wills are written when children are young. But children grow up — they marry, divorce, start businesses, accumulate debts, and have children of their own. An estate plan that was right ten years ago may no longer protect them today. Key Risks to...
by johnireland | Articles
The Plan You Wrote Then May Not Protect Them Now When most parents write their first will, their children are young. The provisions are straightforward: everything goes to the surviving spouse, and if both parents die, the children inherit equally. Guardians are...
by johnireland | Estate Planning Essentials
Why Review Now? Tax thresholds are frozen until 2030-31. Business Property Relief is capped. Capital Gains Tax rates have risen. If your estate plan was written before the Autumn Budget 2024, it may contain assumptions that are no longer correct. A simple review of...
by johnireland | Articles
Why 2026 Is a Year for Reviewing, Not Just Filing Most people write their will and forget about it. They sign a Lasting Power of Attorney and put it in a drawer. Trusts are established and left to operate quietly in the background. This approach worked well enough in...
by johnireland | Estate Planning Essentials
Why Updating Your Will Is Just as Important as Writing One An outdated Will may no longer reflect your current wishes or circumstances Key Insight Writing a Will is an essential first step, but it is equally important to review it regularly. Changes in assets, family...
