Posts tagged with: #Update Your Will
When someone is considering contesting the validity of a Will, perhaps due to suspicion over the Testator’s testamentary capacity or a suggestion of undue influence in the Will making process, a sensible first step to establish whether or not there are good grounds for a claim, is to ask the Will writer for information and […]
This is a question we are asked regularly by people who have been appointed as Attorneys under an Enduring Power of Attorney, or Lasting Power of Attorney and who are looking for some guidance on their role and responsibilities. It can be a complex area and cause confusion, so here we hope to give some […]
This article answers six common questions about mental capacity and Lasting Powers of Attorney (LPAs). It explains how capacity is assessed, what happens if it’s in doubt, and the role of court-appointed deputies where no LPA exists.
It is not uncommon to find families disagreeing on the way a deceased loved one should be memorialised. The added dimension of second family, or blended families, have increased the potential for conflict. However, more often than not, even if family members agree with cremation, it is the fate of the ashes that then becomes the point […]
Making a Will is one of those tasks that often gets overlooked, however the importance of having a Will is clear. Without a Will, your assets will be distributed following the rules of intestacy which might mean that your assets are passed to someone who you may not have chosen. However, whilst having a Will […]
We would all like to make gifts to our loved ones and often people would prefer to make such gifts during their lifetime, rather than after their death, so that they can witness the recipient’s enjoyment of receiving the gift. Lifetime gifting can also be a very effective way of reducing the value of a […]
When someone loses mental capacity it can be an upsetting and difficult time for family and friends. This can be made even more difficult if the person who has lost mental capacity doesn’t have a Lasting Power of Attorney in place meaning that there is nobody with the authority to care for the individuals finances […]
As Private Client solicitors, one question we get asked repeatedly is whether you should gift your home to your children. This question usually stems from conversations in regard to inheritance tax and/or care home fees. Gifting your home to your children can be a great way to reduce tax liabilities and safeguard your most precious […]
Most non-taxable Trusts must now be registered with HMRC via the Trust Registration Service. This blog explains which Trusts need registering, who is responsible, key deadlines, and potential penalties for non-compliance. If you’re a Trustee unsure about your duties, seeking professional advice is strongly recommended.
