03 May Resolving the issue of Asset Protection Trusts sold to “protect your home from care fees”
Universal Wealth Preservation - a cautionary tale about the damage Asset Protection Trusts can do....
Estate Planning
06 Apr Case study – providing complete solutions to property investors
An extremely important project for a couple of property investors who were in a very precarious situation if anything should have happened to either of them....
06 Mar The Danger of Asset Protection Trusts sold to “protect your home from care fees”
Back in 2018, I wrote a blog on this topic, having been contacted by several of my clients who had received door drop leaflets inviting them to attend a free seminar on “Protecting your home from Care Fees” - they were wanting to know if...
27 Feb The difference between Probate & Estate Administration
Both Probate and Estate Administration are associated with handling an individual’s estate after they’ve died, but they are defined differently and often misunderstood. ‘Probate’ is a widely used term but there’s a lot of confusion about what it means and what is included in the...
23 Feb Should you appoint a Professional Executor?
An article in The Times from November 2017 warns against appointing a solicitor as an Executor in your Will. The article reported that a couple were faced with an exorbitant legal bill of £115,000 which was “removed” from a modest £300,000 estate. The deceased, had appointed...
20 Feb Office of the Public Guardian launches refund scheme for overcharged Power of Attorney applications
A government scheme has been launched to enable people to claim back the excessive fees they paid the Office of the Public Guardian (OPG) for Lasting Power of Attorney applications. The OPG was told to offer the partial refunds because it significantly reduced its processing...
21 Apr The Cost of Dying is Increasing…
The Government is introducing a new fee structure that will affect the cost of accessing an estate when someone dies. Fees for Applications for Grant of Probate - or Letters of Administration (when someone dies intestate - without a Will) - are due to change shortly,...
14 Jul Many more ‘ordinary’ families face paying Inheritance Tax – are you prepared?
HMRC collected a record £4.56bn in Inheritance Tax (IHT) in 2015/16, a 21% increase in IHT payments from the previous year and an enormous 70% increase since 2010/2011. The reason for this substantial jump has been put down to the increase in the values of assets...
14 Jul The number of LPAs granted has tripled – do you understand the benefits of having an LPA?
The number of lasting powers of attorney (LPAs) registered annually has tripled between 2010 and 2015. The increase in the number of LPAs being registered may be due to a drive to increase public awareness, and a desire of people to plan for the future. An LPA...
15 Jun Grieving families face a significant rise in Probate fees
The Financial Times reported recently that Government proposals unveiled earlier in March; could result in a hundredfold increase in probate fees for some families. This came to light when the Ministry of Justice (MoJ) published its plans to reduce the £1.1bn annual cost of running...
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