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.
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…
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…
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…
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.…
What happens to Social Media accounts on death..?
Following the death of a loved one closing down someone’s Social Media is never going to be top of the agenda, but in the social age it will need to…
How Legacy Giving can reduce your Tax Bill
Who are you going to leave money to in your Will? Your spouse or partner is probably first in line, any children or extended members of the family may pop…
Jargon-buster: an Estate Planning Who’s Who
There are lots of legal words used when dealing with Wills and estate planning provisions. Here is a guide to the most common ones you are likely to hear: Administrator…
Gifting to Charities…
Gifts to charities are exempt from Inheritance Tax (IHT) whether they are made in lifetime or in a Will, and can reduce the amount of IHT paid on the rest…
What Happens When a Monarch Dies…?
Queen Elizabeth II has been alive for longer than the vast majority of us, and yet it seems hard to believe that she will one day die. However, there are…