Tag: Private Client

There has been a 30% rise in the number of Lasting Power Attorney applications for registration received between April and June compared to the same period in 2016.

Discover the interesting debate about the Law Commission’s proposal to update the law on Wills to recognise electronic communications as a valid intention

Many of the over 55s wish to retain some control over how any money they leave to their offspring is spent.

The recent growth in pensioner wealth and the obstacles to accessing the property ladder for many of the younger generations mean that a large portion of the older generation will bequeath large sums to children and grandchildren, and that the younger generation will not have had the experience of making decisions regarding such large asset values beforehand.

Prior to August 2015, there was no unified system of succession law for those who were domiciled and habitually resident in England and Wales but who owned assets, such as a holiday home, elsewhere in Europe. This caused added expense when dealing with assets in Europe, and it was difficult to predict whether the intended beneficiary would inherit in line with the Testator’s intentions.

In the run up to 5 April, there is no time like the present to ‘get one’s house in order’ especially in relation to any offshore interests that you may have.

The Ministry of Justice are to dramatically reform fees for grants of probate – these will rise in May 2017 as follows:

A recent High Court ruling has demonstrated that the “natural and ordinary meaning” of words trump the “overall purpose” of the Will when it comes to interpretation.

There has been a recent judgement in the matter of Daniel and others and several solicitors acting as professional trustees.

Increased Stamp Duty Rates May Cause Problems for Families

Question: I am a widow and have been left financially comfortable on my husband’s death a few years ago.