4 Practical Reasons to Put a Power of Attorney in Place in Barbados
There are times when acting in person becomes difficult or impractical. This article outlines four common situations where putting a Power of Attorney in place in Barbados can help prevent delay and ensure continuity in managing property, banking, and other affairs.
Restoration of Title Deeds in Barbados: What Property Owners Should Know
When original title deeds are lost, destroyed, or stolen, property transactions can come to a standstill. This article explains how the restoration of title process works in Barbados and what property owners and estates should know.
The Hidden Costs of Dying Without a Will in Barbados (and How to Avoid Them)
When someone dies without a will in Barbados, intestacy rules, not personal wishes determines who inherits. This creates four devastating hidden costs: family conflict, unintended beneficiaries, administrative burden, and lost legacy. Discover how to protect your family from these devastating outcomes.
I've Made an Offer on a Property in Barbados… What Next?
Your offer on a property in Barbados has been accepted — an exciting milestone on your path to ownership. In this article, we answer nine common questions about the Barbados property purchase process so you can move forward with clarity and confidence.
How to Buy Property in Barbados as a Foreigner: A Step-by-Step Guide
Discover how foreigners can purchase property in Barbados with our comprehensive step-by-step guide. Gain insights into the legal requirements, financing options, and key steps involved in purchasing real estate in Barbados as a non-resident.
Understanding the Role of a Mental Health Receiver in Barbados: Rights, Duties, and Best Practices
Discover the responsibilities, rights, and best practices for mental health receivers in Barbados under the Mental Health Act. Learn how to navigate this critical role with confidence and compassion.
Navigating the Legal Requirements for Becoming a Mental Health Receiver in Barbados
Discover how you can step in to protect a loved one’s affairs when they’re unable to. From navigating Barbados' legal requirements to understanding the role’s responsibilities, this guide provides essential insights for those considering the role of a mental health receiver.
How to Reseal a Foreign Grant in Barbados: A Step-by-Step Guide for Personal Representatives
Learn how to reseal a foreign grant in Barbados with our guide for Personal Representatives. Discover the steps, required documents, and key considerations for managing assets in Barbados smoothly—plus, what you need to know about the relevant laws, including the Barbados Resealing Act.
How to Revoke a Will in Barbados: A Comprehensive Guide to Voluntary and Involuntary Revocation
Learn the essential steps to revoke a will in Barbados. This comprehensive guide covers everything you need to know about voluntary and involuntary revocation, ensuring your final wishes are honored.. Discover how you can navigate the process confidently and safeguard your estate.
Important Estate Planning Considerations For Married Couples In Barbados
In Barbados, marriage significantly affects estate planning, emphasizing the need for proper preparation to safeguard assets and provide for loved ones. Automatic legal rights and obligations may arise between spouses, altering the estate planning landscape. Without adequate planning, assets may not align with your intentions. This article explores 3 frequently asked questions regarding estates and marriage in Barbados.
Putting A Codicil in Place: Discover the Simple Solution to Changing Your Will in Barbados
Considering updates to your Will in Barbados? Discover how a codicil could be the solution you need. Learn more about this efficient tool for modifying your Will in our latest blog post.
Protecting Your Intellectual Property: Estate Planning Tips for Copyright Owners in Barbados
Safeguarding your intellectual property is crucial for creators. Learn how estate planning can help you protect and pass on your copyrights in Barbados, ensuring your legacy is preserved. Read more here.
Residuary Estate Explained: How It Works and Why It's Important in Estate Planning
In this article, we will consider the importance of a residuary estate, how a residuary estate works, determining your beneficiaries under your residuary estate, and some key legal considerations when including it in your estate plan.
Deeds of Gift in Barbados: Everything You Need To Know
In this article, we will delve into the significance of Deeds of Gift in Barbados where we will explore the following key aspects: What is a Deed of Gift; The Process of Putting a Deed of Gift in place; The Legal Implications; Advantages and Disadvantages of a Deed of Gift; A comparison between a deed of Gift and a Last Will & Testament and; the Key terms associated with deeds of gift.
Critical Legal Considerations When Selecting A Life Insurance Beneficiary
An important decision for many people with a life insurance policy is the nomination of a beneficiary. This article looks at the critical legal consequences this can have on their Estate.
Ultimate Guide to Buying Property in Barbados: Step-by-Step Process
If you’re considering buying a property in Barbados, this comprehensive guide will provide you with valuable insights and considerations to navigate the process successfully.
What To Know About Taxes Before Selling Your Property In Barbados
In this article, we will take a look at these three government charges that are required to be paid on completion of the sale of real estate in Barbados and how they are calculated.
Joint Tenancy vs Tenancy-in-Common: What’s The Difference?
In this article, we will discuss the two types of co-ownership that exists and some of the important legal factors to consider when owning property concurrently.
What Paperwork Do I Need To Sell My Property in Barbados?
An important component of transferring property is having all the relevant documentation is in place which will be necessary for completing the sale. In this article, we will consider some of the important documents you should begin to gather when preparing to sell your property in Barbados. By putting these documents in place, this will give you a head start when proceeding with your real estate transaction.
Checklist for Executors and Administrators: Your Step-by-Step Guide
After your loved one has passed away, you will want to begin the process of putting provisions in place to manage his or her estate. To do so, a representative of the estate, either the Executor or Administrator will be required to step forward to carry out the necessary tasks to settle the deceased’s estate. The Executor or Administrator of the estate will be charged with securing the assets of the deceased, paying all outstanding debts, distributing the estate and maintaining proper accounts on behalf of the estate.
If you are an Executor or Administrator of an estate, this checklist can help you to understand the duties involved when the time comes to act on behalf of the estate.