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Insights

What happens to my means tested benefits after I inherit?

Posted on 10th January 2023 in Probate & Wills

There has recently been an interesting case that has come before the courts, dealing with exactly this question.

Posted by

Sarah Phillips

Associate & Chartered Legal Executive

Insights

Judgement highlights the importance of recording wishes in Wills

Posted on 30th November 2022 in Probate & Wills

it was observed that it is crucial to record wishes surrounding this topic in writing and further noted that a Will would be an excellent place to do so.

Insights

Predicted rise in charitable gifts in Wills

Posted on 01st November 2022 in Probate & Wills

Legacy Foresight predicts the average annual income from charitable gifts in Wills in the UK will rise by 26% over the next five years. Which would increase to an average of 134,000 – 137,000 bequests per year.

Posted by

Sue Halfyard

Partner & Chartered Legal Executive

Insights

Increase in home made wills during lockdown

Posted on 01st November 2022 in Probate & Wills

Reports indicate that the High Court have seen an increase in cases involving disputes between family members and estates of deceased individuals.

Posted by

Sue Halfyard

Partner & Chartered Legal Executive

Insights

What happens if an executor ignores their duties?

Posted on 23rd September 2022 in Probate & Wills, Later Life Planning

The Society for Trust and Estate Practitioners (STEP) have recently reported a case in the England and Wales High Court (EWHC) where an executor faces jail time for ignoring their duties and failing to act.

Posted by

Sue Halfyard

Partner & Chartered Legal Executive

Insights

Statutory Wills

Posted on 27th June 2022 in Probate & Wills

A marriage can be held to be voidable under the Nullity of Marriage Act 1971 where a person enters into a marriage without the mental capacity to do so.

Posted by

Sue Halfyard

Partner & Chartered Legal Executive

Insights

What happens if you do not make a Power of Attorney?

Posted on 16th June 2022 in Probate & Wills

Are you thinking about appointing someone to help with your affairs, either now or in later life? Are you worried about what might happen if you are no longer able to deal with things yourself? It may be a relief to know that there are options available, if you do lose the capacity to manage your affairs yourself or simply feel that you need a helping hand.

Posted by

Emma McAdam

Solicitor

Insights

Two-thirds of those planning to retire this year will work part-time to keep up with the rising cost of living

Posted on 06th April 2022 in Probate & Wills, Later Life Planning

Abrdn have surveyed 2,000 of Brits and the results show that instead of retiring, many of us are considering part-time work with two-thirds (66%) planning to remain in some form of employment in 2022 compared to 56% in 2021 and 34% in 2020.

Posted by

Sue Halfyard

Partner & Chartered Legal Executive

Insights

22% of Wills made through legal advisers include charitable bequest

Posted on 06th April 2022 in Probate & Wills

It has been reported that more than 1 in 5 Wills prepared by UK legal advisers (22%) now included a donation to charity.

Posted by

Sue Halfyard

Partner & Chartered Legal Executive

Insights

Registration of Trusts with H M Revenue & Customs

Posted on 25th March 2022 in Probate & Wills, Later Life Planning

The Financial Times has reported that as many of 1 million trusts in the UK could be caught by a new requirement to register trusts with HMRC.  Failure not to register could result in the risk of fines and potentially difficulties accessing professional advice.

Posted by

Sue Halfyard

Partner & Chartered Legal Executive

Insights

Change to LPAs allows discretionary fund management

Posted on 25th March 2022 in Probate & Wills, Later Life Planning

The OPG is expected to update its LP12 guidance note to confirm that attorneys will not require specific wording in order to instruct discretionary fund managers.

Posted by

Emma McAdam

Solicitor

Insights

Department for Health and Social Care issue a consultation on draft statutory guidance concerning the care charging reforms

Posted on 14th March 2022 in Probate & Wills, Later Life Planning, Safeguarding Vulnerable Clients

The government announced in September 2021 charging reforms and their commitment that personal care costs in England will be capped at £86,000 over a person's lifetime. This is scheduled to take effect in October 2023.

Posted by

Sue Halfyard

Partner & Chartered Legal Executive