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72% of adults in their early 30s would trust AI to update their will – but they should beware of dangerous consequences
There are risks associated with writing a will using artificial intelligence (AI), as new research reveals that 72% of UK adults aged between 30 and 34 would consider using AI to update their will. The research, conducted by Censuswide on behalf of The Association of Lifetime Lawyers, found that only
Only a quarter of pet owners have considered what will happen to their animals after their death
A significant number of pet owners in the UK are leaving their beloved animals vulnerable after they pass away, with only a quarter (26%) of UK pet owners over the age of 30 having included provisions for their pets in their will. The research, conducted by Censuswide on behalf of
Planning for the future when you have a blended family
Blended families are now more common than ever, with many people starting new relationships, getting married, and entering into civil partnerships later in life, often bringing children from previous relationships. Being part of a blended family comes with unique legal and financial considerations that need careful planning. When it comes
TRUSTS
Trusts are not just for the wealthy. They have been used by ordinary families for many years to provide for minor children or disabled family members. They are also used to protect assets against the potential divorce, death or bankruptcy of beneficiaries. Will Trusts are used in the same way
TRUSTEES
Are you the executor of a Will which includes a Will Trust? If so, you may also be the Trustee of a Will Trust created by the Will. Will Trusts were used for many years before the law changed to allow married couples to transfer unused Inheritance Tax allowances on
WHY USE A TRUST?
Will Trusts are flexible and can provide for many different family circumstances. How are they flexible? Well, your beneficiaries can be given a fixed entitlement or interest. This means that they and your Trustees know from the start what the beneficiaries are entitled to receive. For example, your beneficiaries could