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Drafting a Power of Attorney

5th February 2019

Giving someone the power to deal with your affairs can be a good idea, but if the document isn’t drafted carefully it can lead to expensive financial and administrative problems. A Lasting Power of Attorney (LPA) is the document which gives someone the authority to deal with your financial... read more

Posted in: Uncategorized

How to leave money to a charity

1st February 2019

Charities rely on legacies for much of their funding and many of us want to leave money to good causes that have helped us during our lifetimes. But which is the best way to leave money to your chosen charity? Many charities receive a high proportion of their income... read more

Posted in: Estate Planning

How to avoid a dispute over your Will

18th November 2018

As the number of disputed inheritances increase, it has never been more important to have a properly drafted Will in place. Recent reports are demonstrating that the amount of people writing an up to date Will is steadily increasing. In 2017, 39% of individuals in Great Britain had a... read more

Posted in: Estate Planning, Inheritance Tax

Unclaimed UK Estates May Total Billions

15th August 2018

According to the latest figures from the UK Government, there are currently 9,254 unclaimed estates in the UK. With the average value of an estate worth around £150,000, the amount of this unclaimed inheritance could total billions. Sadly this situation means that property, money, personal belongings and other assets... read more

Posted in: Estate Planning

Inheritance Tax Revenue Breaks £5 Billion

13th August 2018

UK Inheritance Tax (IHT) revenues have broken the £5 billion mark, totalling a hefty £5.2 billion this year, up from a £4.7 billion last year. With an ageing population, increasing property values and fairly static allowances IHT revenues look set to grow and grow. Within the latest government report,... read more

Posted in: Estate Planning, Inheritance Tax

The Importance of Later Life Planning

8th August 2018

Whilst Lasting Powers of Attorney (LPA) are rising in popularity, latest figures show that fewer than 1 in 10 adults have drawn up one of these important documents. An LPA is one of the best ways to protect yourself and your wishes, should you become unable to make financial... read more

Posted in: Estate Planning

Common-Law Marriage – Will my Partner Benefit?

14th February 2018

The phrase ‘common-law marriage’ tends to be a familiar one and refers to a situation in which a couple is considered married, without having formally registered their relationship. When considering estate planning though there is a misconception that if you live with someone, your assets will simply pass to your... read more

Posted in: Estate Planning, Inheritance Tax

Combining Families – Tips for Writing a New Will

9th February 2018

When most couples write a new Will they tend to leave everything to their partner, especially if they have children. This is due to the common belief that on the surviving partner’s death everything will simply be passed to the offspring. In many cases this approach works well. However,... read more

Posted in: Estate Planning