Bank’s can be a challenge for Executors dealing with the probate process – often causing time delays and confusion that can greatly add to the stress of a loved one’s death. A ‘Which’ survey, conducted in April 2025, found that whilst most banks have their own dedicated bereavement teams and policies, ‘They should do more...
Since 1984 farmers and agricultural land and business owners have been exempt from IHT, but this is set to change. From April 2026, the first £1 million of combined business and agricultural assets will continue to attract no inheritance tax at all, but for assets over £1 million, inheritance tax will apply. Inheritance tax (IHT) is...
The ‘Wills Act 1837,’ the legislation which sets out the requirements for a valid will, is nearly two centuries old! Therefore, reforms and the implementation of new laws – to reflect modern day life, have been long overdue. The Law Commission has unveiled a landmark report and a new draft bill proposing sweeping reforms to...
The number of cohabiting family households has doubled in the last 25 years. However, despite this number, there is still no legislation, in England and Wales, to adequately protect cohabiting couples on death. Unmarried couples do not have the same rights as married couples – especially when it comes to death and inheritance, no matter...
They say that selling a property is one of the most stressful things you can do. It therefore goes without saying that when you are required to sell a property following a death, the bereavement, additional paperwork and official protocol makes the whole process all the more stressful for you, and your family. So, what’s...
Buyer Beware. A regulated company or a member of the legal profession are NO Guarantee for a job well done when it comes to obtaining a Will. As with any important purchase, when looking for a new Will writer and provider, it pays to do your online research and this research should extend beyond checking...
Unfortunately, there isn’t a database that contains all of the personal details relating to an individual, therefore, finding someone can often take a little work It is often best to begin with local searches, but if unsuccessful, you may need to consider making international checks. Where you start depends on the information you have regarding...
People are often prompted to consider or make LPA’s (Lasting Powers of Attorney) following a ‘trigger event’ like an accident or a major health diagnosis. However, this is not always the best time. A lasting power of attorney is a legal document that lets you (the donor) appoint one or more people (known as attorneys)...
Sideways Disinheritance is a term that relates to children losing out on their share of their parent’s estate because of a parent’s new partner. In most cases, if you are the first to die your share of the property and other assets is left to your partner. If your partner eventually meets a new partner...
Her Majesty the Queen celebrated her 96th Birthday this year (2022) and it’s interesting to consider that in 1926, the year of her birth, the average life expectancy for a women was just 62. Time has certainly moved on and so too has life expectancy. The International Longevity Centre estimates that 0.15% of the UK...
