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Laptops, phones and tablets are all too common in the household and there is often much more value to these devices than just the price. These devices store videos, photos and music which are known as “digital assets”. If all of the available...
The costs of paying for residential care in later life, and the impact on their estate, are quite understandably of concern to many of our clients. Many people decide to sell their home and move in with relatives, hoping that their family will be able...
If you have children, we understand that life is busy and making a Will might not be on your mind. But once you fully understand what a Will can do to protect your children, making a Will should move to the top of your to-do-list. It is common for parents...
A High Court Judge has ruled in the recent case of Ninian v Findlay that Sarah Ninian, who accompanied her husband Alex Ninian to Dignitas for his assisted death, can claim his £1.8 million estate. Alex had been diagnosed with progressive...
It is now just over a year since Chancellor Philip Hammond wrote to the Office of Tax Simplification, an independent office of HM Treasury, asking them to carry out a review of the Inheritance Tax (IHT) regime. The Office spent much of 2018 investigating...
The simple answer is yes! Most people appreciate the importance of making a valid Will so that we can have control over where our assets should go after we die. But you should also consider what would happen if you suddenly lost the capacity –...
The government has brought back its 2017 plan for a significant increase in probate application fees for estates in England and Wales. It is understood that the current plan to introduce the new probate registry fees will be in April 2019. The proposed new...
Frequently Asked Questions concerning Testamentary Guardian appointment:- Can I appoint a guardian for my minor children in my Will? Yes you can appoint a Guardian or Guardians of your minor children in your Will. When does the...
Normal Expenditure out of Income Exemption An underused but effective Inheritance Tax exemption is the normal expenditure out of income exemption . It may be the case that an individual has income which exceeds their reasonable requirements,...
A Health and Care Decisions Lasting Power of Attorney (LPA) allows you to appoint your choice of person or people to make health and care decisions on your behalf if you become permanently or temporarily mentally unable to make these decisions for...
It is very common these days for people to live together in committed relationships but without marrying or becoming civil partners. People in this situation are strongly advised to make Wills providing for each other because the law does not recognise this...
An Advanced Decision to refuse medical treatment (An "Advanced Decision") is a statement made by a person who must have capacity to make it and be over 18, to refuse consent to medical treatment in anticipation that in future he or she may lack the...
An individual Savings Account (ISA) is a savings account within which up to a certain limit interest is earned and capital gains made are free of tax. One of the characteristics of an ISA is that it can only be held by an individual. An ISA account can...
Top 7 tips for Owner Managed Businesses One of the myths and legends about law is that the world of Wills and probate never changes: actually it is a field that has seen more legislative change over the past 10 years than just about any other. This...
