Executor sentenced to prison – a stern reminder about personal representatives’ duties
Being entrusted with distributing an estate and attending to the last wishes of a loved one can be daunting and knowing how to proceed can also be a minefield. If you are a personal representative who needs some assistance with a dispute which has arisen, or you have concerns about a personal representative administering an estate, we are here to help.
Making a Will? Why not using a solicitor could be a hazardous choice
While you do not need a solicitor to draw up your Will, your choice of professional is important. Leaving a Will which does not accurately reflect your wishes, or which is drafted in a way which gives rise to unnecessary tax liabilities for your estate, sadly risks causing distress to your loved ones.
Is the Will Valid: What is a Larke v Nugus letter?
If you are going to dispute a Will, or defend an allegation of a Will being invalid, you need information about the circumstances around the preparation of the Will, or Wills, in question so that you can decide the basis for your challenge or defence of the Will.
Your Children’s Future
We all want the best for our children; health, happiness, a good education and financial security. But what other steps should you be taking now to protect their future, particularly when you are no longer around to do so?
How does my holiday home in the UK affect my capital tax position?
For many people, owning a holiday home is a major aspiration. Having a place to enjoy for leisure and recreation purposes has definite appeal, and demand for UK holiday homes has significantly increased over the last 18 months, in light of the COVID-19 pandemic. However, owning one may have Inheritance Tax (IHT) and Capital Gains Tax (CGT) implications which should be considered.
A home for life – providing for your pet’s future
If a dog is a man’s best friend then making sure that they (or any other pet) are provided for if something happens to you will be a priority for all animal lovers.