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Contentious Probate Update: Cohabiting Couples

We have update on one our cases discussed in our previous blog Contentious Probate: Cohabiting Couples. The claim was heard in the courts last year, but the ruling has just been made public. Firstly, a quick summary of the case. Carole Anne Taylor and James Redmond Carole Anne Taylor and James Redmond met at a dance […]

GIFTING PROPERTY: Risk Losing your Home

So many people think that gifting property to their children is wise. Yet, don’t stop to consider the implications of such gifts. Gifting is a great way to reduce your estate for Inheritance Tax purposes. However, there could be Inheritance Tax consequences which alone could be grave. But, you also have to face the reality […]

WILLS & PROBATE: Banks Cash In on Wills

Do you or your loved ones have a Will prepared by a bank? You may want to think about updating your Will after reading this blog, as you may be facing thousands of pounds in legal fees. In the late 1990’s and early 2000’s banks were offering Wills for very little, and in some cases, […]

Refund of OPG fees – LPAs and EPAs

Did you apply to register a Lasting Power of Attorney (LPA) or an Enduring Power of Attorney (EPA) between 1st April 2013 and 31st March 2017? If the answer is yes, then there is some good news – you may be due a refund! You may entitled to a refund of the OPG fees. Refund […]

Maximize Lifetime Gift Allowances to Reduce IHT

As discussed in one of our earlier blogs, you can reduce the overall value of your estate by making the most of your Lifetime Gift Allowances. Thus, reducing your estate value and in return, reducing your Inheritance Tax (IHT) liability. Lifetime Gift Allowances  Here is an overview of your gift allowances that you can maximize to […]

5 Great Ways to Minimize your Inheritance Tax (IHT)

At long last! A review of the Inheritance Tax (IHT)! You may have seen in the news recently that the Chancellor, Philip Hammond has written to the Office of Tax Simplification asking them to review the current IHT regime with a view to simplifying the complex and dated rules. The current Inheritance Tax rules have […]

Probate: Locating a Missing Will

After the initial shock of losing a loved one, the Will of the deceased is quite often one of the first things you will think about. Because, if there is a Will, it will describe how the deceased would like their estate distributed and it may even contain details of their funeral wishes. The likelihood […]

Contentious Probate: Cohabiting Couples

Are you a cohabiting couple? If so, have you made provisions for your partner in your Will? No? Your partner could make a claim against your estate if you haven’t made provisions for him/her. In one of our earlier blogs, we did mention that the law does not recognise unmarried partners and, therefore they don’t […]

Probate: Inheritance Tax on Gifts

Most estate planners will tell you that gifting assets can be a good way of reducing your estate value for Inheritance Tax purposes. It can be an effective way to mitigate your Inheritance Tax liability, if done correctly. For a gift to be completely outside of your estate for Inheritance Tax purposes you must survive […]

Probate: Asset Rich but Cash Poor

We live in an age where many of us are asset rich but cash poor. With rising costs it’s difficult to save, so we don’t have huge cash balances in our bank accounts, hence cash poor. We are, however, asset rich. Many of us own a house and house prices have been on the increase […]