When someone close to you dies the shock and grief can feel overwhelming. more
On the 1st October 2014, the Inheritance and Trustees' Powers Act 2014 came into force, and the legislation brings about some major changes regarding the rules of intestacy. Before we get into the nitty-gritty of what changes have occurred, and who benefits most from the revamping of the intestacy laws, we must make clear that it is still highly advisable you organise a valid Will. This is still the only way to ensure that your estate will be divided up according to your express wishes. more
From 6th April, new changes to the Inheritance Tax (IHT) regime will come into force. One of the main beneficiaries of the new rules will be those whose residential home is valued at £2 million or less. By 2020, if they are married, they may be able to leave up to £1 million to their direct descendant's tax-free thanks to the residence nil rate band. more
In October 2016, Mr Justice Peter Jackson granted the request of a 14-year-old girl, JS, that after her imminent death from cancer her mother could arrange for her body to be cryonically frozen. This case has brought many ethical questions to the foreground. As science progresses, do we need regulations around the process of cryonical freezing to protect vulnerable people from being exploited, both financially and emotionally? more
A family trust is still one of the best ways to protect your assets, (especially the family home) or put aside funds for your family’s future. However, the law of trusts can be complex; therefore, it is imperative to engage an experienced solicitor to set up your trust and ensure you understand the responsibilities a family trust entails. more
Despite the old saying, the only sure things in life are death and taxes; over half the UK population have failed to draft a will. Most people are unaware of how dire the consequences of dying without a will, (or dying intestate as it is legally known) can be. For example, if you are separated from your spouse but not yet divorced, if you die without a will, they will be entitled to make a claim on your estate. So what happens if your die intestate? Continue reading to find out. more
We all assume that our minds will stay sharp and healthy as we age. Unfortunately, as we continue to live longer lives, the chances of developing dementia or some other mentally degenerative disease are bound to increase. As of 2015 there are an estimated 46.8 million living with dementia worldwide and this is expected to increase to 131.5 million by 2050. If you develop this disease or lose your mental capacity in some other way; for example through injury or another type of illness, someone else will need to look after your personal and financial affairs. more