I have been advising on Wills and Trusts since 1971 and I am a registered Trust & Estate Practitioner.
The laws dividing your assets if you don’t have a Will changed radically on 1 October 2014, although one of the most needed reforms has been put on the back-burner. Whilst partners in a marriage or civil partnership get a much-awaited improvement in their outcome, “common law” partners may be shocked to discover they still […]
You don’t have to be ill or dying to make plans for your future. Here are six things you can do now to make it easier for you and your loved ones at the end of your life.
A common concern is that, following your death, your Partner remarries and your children's inheritance finishes up with that new family. If this is a concern, watch this animation and then call me to discuss how an updated Will can help allay your fears.
Will all your assets be expended on paying for future long term care so there will be nothing left for your children? Watch this interesting animation.
Will your children's inheritance finish up in the hands of a son or daughter-in-law you never really liked? Watch this interesting animation.
Could your children's inheritance finish up in the hands of a bankruptcy administrator? Watch this interesting animation.
Are you passing an Inheritance Tax problem down the generations? Watch this interesting animation.
Without exception, everything you do as an Attorney has to be in the best interests of the Donor.
Being asked to act as an Executor by a friend or member of the family can be flattering, as it shows they trust you to handle their financial affairs. But remember that by accepting you will have to take on a lot of responsibility.
Being asked to act as a Trustee by a friend or member of the family can be flattering, as it shows they trust you to handle their financial affairs. But remember that by accepting you will have to take on a lot of responsibility.
Everyone, regardless of age, should have a Lasting Power of Attorney for Property & Financial Affairs (unless you already have a valid and adequate Enduring Power of Attorney) and for Health & Welfare.
This is the most common question I am asked by attorneys looking after Granny’s financial affairs under an Enduring or Lasting Power of Attorney. The simple answer is, “NO”!
Brussels IV is the solution to the forced heirship provisions, which can currently thwart the best laid plans of British Will-makers. However, what many people are not aware of is that the new rules will only benefit those British nationals who have taken appropriate action during their lifetime by drafting a new Will.
The moral of our three stories here is to regularly review your Will, particularly if it was drafted before 09 October 2007.
Unfortunately, whilst coping with the trauma of someone dying, there are some practical things you need to do. This article deals with the key elements. Registering the death It is a legal requirement that the death is registered as soon as possible, certainly within 5-days in England. You can find the local Register Office at this […]
Over a lifetime we spend our time working hard to provide for our loved ones and making a Will ensures that when you die your estate – property, possessions, savings and investments – are shared according to your wishes. A Will is important for everyone but even more so if you have children, own property, […]