COVID-19 Update: Tozers is providing our usual client services while maintaining the safety of our clients and colleagues. Full update here

Complete the form below to ask us a question or make an enquiry. We’ll get back to you via phone or email as soon as possible.

Insights

Inheritance Tax for home-sharing siblings

Posted on 15th January 2021 in Later Life Planning

Last year, a new private members’ bill was introduced to Parliament, calling for there to be a ban on Inheritance Tax being paid by siblings who live together.

Posted by

Rachael Morley

Associate and Solicitor

Insights

Potential rise in Capital Gains Tax rates

Posted on 11th January 2021 in Later Life Planning

Speculation is increasing that the Chancellor’s next Budget will see a rise in Capital Gains Tax rates. According to a recent Canada Life poll of 2,000 adults across the UK, 83% of advisors expect some form of change to Capital Gains Tax, with 38% anticipating a rise to the same levels as income tax.

Posted by

Rachael Morley

Associate and Solicitor

Insights

Importance of choosing the correct attorneys

Posted on 30th December 2020 in Later Life Planning

Under the Mental Capacity Act 2005 the COP may direct that an LPA should not be registered if one of the grounds for objecting to registration applies.

Posted by

Sue Halfyard

Associate and Chartered Legal Executive

Insights

Protecting digital assets and personal information

Posted on 18th December 2020 in Intellectual Property, Later Life Planning

The value of our online lives is becoming immeasurable, yet not many people are recording or protecting their digital assets just like their physical ones.

Posted by

Dan Griffin

Associate and Solicitor

Insights

Wealth Tax could replace Inheritance Tax and Capital Gains Tax

Posted on 11th December 2020 in Later Life Planning

It is safe to say that the current tax regime in this country is far from straightforward. We have Income Tax, to raise funds from employment earnings and savings income, Capital Gains Tax, to tax the increase in value of certain assets and Inheritance Tax, for transfers of wealth after death. And this is without the other numerous taxes involved in our lives.

Posted by

Rachael Morley

Associate and Solicitor

Insights

Can a lasting power of attorney be witnessed remotely?

Posted on 23rd November 2020 in Later Life Planning

During Lockdown we have seen various changes in the law regarding how Wills can be finalised during the pandemic, including the use of remote witnesses. However, what has been less well publicised are whether there are any equivalent rules for the remote signing of Lasting Powers of Attorneys (LPAs).

Posted by

Naomi Hoare

Solicitor

Insights

Do I have to pay Capital Gains Tax when selling your home?

Posted on 26th October 2020 in Residential Property, Later Life Planning

You may not be aware that you do not have to pay Capital Gains Tax when selling your home, but the detail of the rules are a little more complex than this though.

Posted by

Rachael Morley

Associate and Solicitor

Insights

Don’t fall foul of Inheritance Tax investigations

Posted on 22nd September 2020 in Later Life Planning

A recent Freedom of Information request, published by The Telegraph has shown the confusion over complex Inheritance Tax provisions. The number of estates being investigated by the Revenue is at a four-year high, with numerous families having to suffer scrutiny.

Posted by

Rachael Morley

Associate and Solicitor

Insights

Changes to lasting power of attorneys on the horizon?

Posted on 21st September 2020 in Later Life Planning

It is only in the early stages, but the Ministry of Justice (MOJ), together with the Office of the Public Guardian (OPG), has been seeking input from practitioners and other interested bodies as part of a new initiative to modernise the process of making a lasting power of attorney (LPA) in England and Wales.

Posted by

Naomi Hoare

Solicitor

Insights

Probate Registry service delays

Posted on 13th August 2020 in Probate & Wills, Later Life Planning

The probate service is under pressure due to the number of enquiries checking on the progress of cases and asking general questions. They had been in the middle of a restructuring when the pandemic hit, potentially adding to the current pressure on them.

Posted by

Sue Halfyard

Associate and Chartered Legal Executive

Insights

Deputy’s Power to Cease Acting

Posted on 12th August 2020 in Later Life Planning

In all cases, where a Deputy no longer wishes to act, the Court of Protection will consider what is in the persons best interests before making a decision as to whether the Deputy may step down from their role.

Posted by

Sarah Phillips

Chartered Legal Executive

Insights

The Office for National Statistics latest analysis related to the pandemic

Posted on 10th August 2020 in Later Life Planning

The Office for National Statistics have issued their latest analysis of the pandemic which states that the number of deaths involving COVID-19 registered in England and Wales in the week ending 24 July 2020 was 217. This is 2.4% of all deaths in that week, with a total of 8,891 deaths having been registered.

Posted by

Sue Halfyard

Associate and Chartered Legal Executive