Private Client Archives - Buss Murton

Tag: Private Client

Why You Should Put a Lasting Power of Attorney in Place Early

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marketing@bussmurton.co.uk

A Lasting Power of Attorney (LPA) helps ensure that someone you trust can make decisions on your behalf if you are ever unable to do so yourself. This article explains why LPAs matter, common misconceptions, and the practical steps you can take to protect your future wishes.

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A Happy Second Marriage – But What Happens When One of You Dies?

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marketing@bussmurton.co.uk

Many couples entering a second marriage assume their spouse will automatically inherit everything if they die. However, the reality can be far more complex, particularly where adult children, blended families and outdated Wills are involved. This article explores the risks of intestacy and why reviewing your estate planning after marriage is essential.

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Buss Murton Law announces two new Partners

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marketing@bussmurton.co.uk

Buss Murton Law has promoted Jonathan Manser and Sohret Haffenden to Partner, recognising their contribution to the firm and expertise in delivering high-quality legal advice.

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Thinking about handling probate yourself? A quick word of caution.

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nat_B0m

It’s completely understandable to look at DIY probate as a way to keep costs down. In some cases it can work well — but there are areas where things can easily become complicated, and mistakes can be costly. One issue we see more often than you might expect is missing out on valuable inheritance tax […]

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Transferring Property to Beneficiaries: Can I Do It Now?

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nat_B0m

There is a common misconception that in an attempt to limit the inheritance tax (IHT) due on an estate, the homeowner can transfer property into the names of their future beneficiaries whilst they are still alive and continue living there. However, this does not have the desired outcome and may instead increase the tax due […]

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To instruct a Solicitor or not instruct a Solicitor – Probate woes? Quick answer? Instruct a Solicitor.

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nat_B0m

Most lay-Executors will feel like seasoned professionals after enduring the administration of an estate. As a Wills and Probate professional myself, who has met clients who have ‘endured’ the administration of an estate and applying for Grant of Probate, it’s interesting to ask the question – “did you consider instructing a solicitor to assist?” Whether […]

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Claims Under the Inheritance (Provision for Family and Dependants) Act 1975: Understanding Who Can Challenge a Will and What the 1975 Act Really Means

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nat_B0m

In England and Wales, the principle of testamentary freedom applies. This means you are generally free to leave your “Estate” — your property, money, possessions and personal belongings — to whomever you choose. There are no automatic rules dictating that your Estate must pass to specific family members in your Will. This differs from some other jurisdictions […]

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Premises, SIPPs and Inheritance tax on death post March 2027

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Once upon a time it was very attractive to have your business premises held by your Self- Invested Pension Plan (SIPP) or similar arrangement. That was back in the day when pensions were outside of the scope to Inheritance Tax (IHT) on death, which is scheduled to end for those dying after the end of […]

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