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Your 2019 Financial Planning Checklist

10th January 2019

A new year offers a useful opportunity to consider your finances, ensuring they are in good shape to see you through 2019 and beyond. To help here is my checklist if you are looking to make the most of your financial planning this year: 1) Don’t forget your HMRC... read more

Posted in: Financial 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

Do I need more than one Will?

23rd May 2018

It would seem that the nature of Will writing does not necessarily accommodate for a globally mobile lifestyle, a lifestyle which is becoming increasingly common and one we help clients to financially negotiate every day. If you own assets in more than one jurisdiction, it can be difficult to... read more

Posted in: Estate Planning

The pitfalls of DIY Wills

9th May 2018

Latest figures reveal only 59% of the UK have written a Will. Of those people, 6% have chosen to write a DIY Will. While there are some advantages to ‘create-your-own’ Wills, there are even more pitfalls. Here, we explore some of the reasons why DIY Wills may not be... read more

Posted in: Estate Planning

The effect of marriage and divorce on your Will

23rd April 2018

According to latest data from the Office of National Statistics, there were 245,513 marriages and 107,071 divorces in England and Wales in 2017. Given these figures it is useful to consider what happens for the couples who already have Wills in place when their circumstances change. We take a... 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

Can a Will be Challenged?

7th December 2017

A Will is the best possible way to ensure that your assets are distributed precisely according to your wishes after you pass away. Nonetheless, there are a number of different factors which can allow for it to be challenged. The main reason is a ‘lack of testamentary capacity’ –... read more

Posted in: Estate Planning, Inheritance Tax

Acting as an Attorney

6th December 2017

The number of people making use of Lasting Powers of Attorney (LPAs) has increased enormously in recent years. In fact, according to data from a Freedom of Information request, the number of LPAs has increased threefold since 2010. This is undoubtedly a good thing; LPAs allow someone to nominate... read more

Posted in: Estate Planning