ARTICLES
Probate
There are different types of debt (some of the categories we will look at below) and depending on the type of debt, depends on just what happens to it when you pass.
If you are living in a property with a spouse or loved one but the property is in only one sole name, the scenario where the surviving partner or loved one is left homeless could become very real…
A quick checklist that you may want to use as an initial step, after looking in all of the ‘obvious’ (and probably not so obvious!) places in their home or where you were aware that they stored their important documents….
Whether a Life Insurance Policy will form part of the Estate, will depend on how the policy was written…
Let’s take a look at Agricultural Relief and whether this is something you should consider when Estate planning or something you should be considering as an Executor or Beneficiary of an Estate…
As the name suggests, to be eligible for Business Relief the assets must have some link to Business of the deceased but let’s have a look at this in more detail…
We often get asked about ‘Common Law Marriage’ and whether a partner will inherit the house (that they have lived in) should they pass away before them...
We have designed an easy to use ‘Assets & Liabilities’ sheet where you can keep all your information…
It is YOUR ROLE & RESPONSIBILITY as an Executor or an Administrator to maximise the Estate assets for the beneficiaries…
Where there is an intestacy (whether completely or partially) it means that the Estate, of the deceased, will be administered in accordance with the Rules of Intestacy..…
As we always say it is an honour to be asked to be an executor for someone; it shows that they really trust you. However, it can be a burden and the role brings with it great responsibility…
Did you know that YOU MAY HAVE TO PAY INHERITANCE TAX on any gifts made in the 7 years prior to your death?
You DO NOT have to pay Inheritance Tax on the following gifts…
We thought we would go back to the basics and answer some of the questions we get asked in relation to probate…
We take a brief look at what happens to those individuals that die in the UK but want to be repatriated to their home country.…
Predicting the place, date and time of our death is near on impossible and so it is not unusual for a death to take place outside of the UK and needing the body to be returned for the Funeral and Burial or Cremation…
Many of us put off the talks around later life planning for fear of tempting fate or upsetting someone but this has led to an eye-watering £48million of deceased property being unclaimed and so passing to the Crown!
So what exactly is Inheritance Tax? When is it payable and is there anything that you can do to reduce your Inheritance Tax bill?
Although there are steps we can take (and we will have a look at those!) to ensure your Will is as water-tight as can be, here are a few of the common reasons that a Will is disputed…
We know that matters are more complicated when you die without leaving a Will, and everything that you have worked hard for may not end up with those that you want it to BUT what happens where a person dies leaving more than one spouse?
Helping the younger generation to get an all important foot on the property ladder may be the only option for many parents but what should we, as parents, consider before shelling out the deposit?
At one point or another we will all have come across the term PROBATE or ESTATE ADMINISTRATION but what does it actually mean?
Making the necessary arrangements after the death of a loved one is somewhat overwhelming and far from what we want to be doing.
Making the necessary arrangements after the death of a loved one is somewhat overwhelming and far from what we want to be doing.
To make things a little easier we have set out a brief checklist of some of the things that an Executor should consider first when dealing with probate
It is important to know what your estate is, what assets form part of your estate and how your estate is valued.
Being appointed as an Executor can be seen as a privilege or a curse, but worse of all is when it comes as a surprise!