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Mirror Wills vs Mutual Wills - What's the Difference?
Mirror Wills are simple and flexible, allowing couples to leave everything to each other, then to children—but they can be changed after one partner dies. Mutual Wills are legally binding but too rigid for most families. For couples worried about sideways disinheritance or care fees, a Protective Property Trust in a Mirror Will offers the best of both worlds—protecting your loved ones while giving your partner security and flexibility.
Kylie Cox
7 days ago3 min read
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Is the Law Finally Catching Up with Modern Life? The Proposed New Wills Act Explained
The laws governing Wills haven’t changed since 1837 — the year Queen Victoria took the throne. While we’ve embraced smartphones and digital lives, Will-making is still stuck in the past. But change is coming. The Law Commission’s 2025 proposals aim to modernise this outdated law with electronic Wills, lower age limits, and new protections. It’s a long-overdue update — but getting your Will right still needs expert advice.
Kylie Cox
Jun 55 min read
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Can an Inheritance Affect Your Benefits?
If you leave money to someone on benefits, it could jeopardise their entitlement to Universal Credit or other support. Trusts for disabled or vulnerable beneficiaries offer a safe, legal way to protect both the inheritance and their access to means-tested benefits. This blog explains how Trusts work, the risks of direct gifts or informal arrangements, and how to ensure your loved one is properly looked after — now and in the future.
Kylie Cox
May 33 min read
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Make a Will – The Smartest Thing You Can Do for Your Family
Discover the importance of making a will and how it can safeguard your family's future. Find practical advice on how to make a will in our latest post.
Kylie Cox
Apr 194 min read
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Understanding the Importance of a Trust and a Will
Protect your legacy with a Trust and a Will. Secure your assets, minimise tax, and provide for loved ones. Start planning with Toucan Law
Kylie Cox
Feb 73 min read
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Understanding Discretionary Trusts: A Flexible Estate Planning Tool
Discretionary Trusts offer flexible estate planning, protecting assets and adapting to beneficiaries' needs. Learn how they can work for you
Kylie Cox
Dec 30, 20243 min read
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12 Reasons to Make a Will and Protect Your Loved Ones
Make a Will to protect your loved ones, secure your legacy, and ensure your wishes are carried out. Don't wait – start planning today
Kylie Cox
Nov 26, 20243 min read
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Leave a Lasting Legacy: How Charitable Giving in Your Will Can Make a Difference
Charitable giving in your Will supports causes you care about and offers tax benefits. Explore how to create a meaningful legacy!
Kylie Cox
Nov 6, 20244 min read
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The Chilling Consequences of Murder on Inheritance: Insights from Netflix's Monsters: The Lyle and Erik Menendez Story
Netflix's Monsters: The Lyle and Erik Menendez Story highlights how murder affects inheritance under the Forfeiture Act.
Kylie Cox
Oct 10, 20243 min read
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How to Remove an Executor or Trustee: A Simple Guide
Removing an executor or trustee requires valid grounds like misconduct, conflict of interest, or incapacity. Learn about the process
Kylie Cox
Sep 19, 20243 min read
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Unclaimed Inheritance: The Executor’s Guide to Finding Dormant Assets in the Digital Age
Discover how to track down unclaimed inheritance in the digital age and fulfill your duty as an executor with confidence.
Kylie Cox
Sep 17, 20243 min read
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The Importance of Protecting Your Children Through Your Will
Secure your children's future by appointing guardians and trustees in your Will. Learn the key steps to protect their inheritance.
Kylie Cox
Sep 10, 20247 min read
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How to Gift Surplus Income to Beat Inheritance Tax: Understanding the Rules
Learn how gifting surplus income can help reduce inheritance tax, and why keeping detailed records is crucial to qualify for the exemption.
Kylie Cox
Sep 5, 20244 min read
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Excluding Someone from Your Will: What You Need to Know
Excluding someone from your Will is a significant decision. Learn the legal implications and tips to minimise potential disputes
Kylie Cox
Sep 3, 20244 min read
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Cohabitees - Know Your Rights for when your Partner Dies
Cohabitees don’t have the same rights as spouses when a partner dies. Learn how to protect your rights, access benefits & secure your future
Kylie Cox
Sep 3, 20244 min read
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Understanding the Inheritance Tax 7-Year Rule: Avoiding Unexpected Bills
Understand the Inheritance Tax 7-year rule to avoid unexpected bills. Learn how careful estate planning can protect you and your loved ones.
Kylie Cox
Aug 29, 20246 min read
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Appointing an Executor: Why You Need to Choose Wisely
An executor ensures a deceased's wishes are fulfilled, managing assets, debts, and inheritance. Read about the role and responsibilities.
Kylie Cox
Aug 27, 20246 min read
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Probate: How long does it take? Key Dates You Need to Know
Key dates in estate administration from probate application to inheritance tax deadlines to help guide executors
Kylie Cox
Aug 18, 20245 min read
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Which Trust is Right for You? A Comprehensive Guide
Trusts are a versatile and powerful tool in estate planning. Trusts are very common and play a key role in many aspects of everyday life.
Kylie Cox
Jul 26, 20245 min read
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The "Great Wealth Transfer" - Why You Need to Have "The Money Talk" with Your Parents
Talking about money with your parents can be uncomfortable, but it's a conversation that’s essential for ensuring financial security.
Kylie Cox
Jul 2, 20244 min read
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