Estate Planning Flashcards
1
Q
Under rules of intestacy, what is the remaining spouse entitled to?
A
a surviving spouse is entitled to the deceased’s personal belongings, a fixed sum of money (currently around £322,000), and half of the remaining estate if there are children; if there are no children, the spouse inherits the entire estate.
2
Q
Cost of Killik Will for single and couple?
A
£320 single £380 couple (420)
3
Q
Cost of Killik LPA
A
£125
4
Q
Killik Tax return costs?
A
£250
5
Q
When adding a POA for a client, what must you provide
A
Certified POA, account amendment form, ID and address verification for Attorney
