Category: Wills & Probate

WiFi Wills – Beware of the headlines

One of the many challenges of ‘lockdown’ was the signing and witnessing of Wills. The rules for correctly signing Wills in England were set out in the Wills Act 1837 which, strangely enough, did not envisage the digital developments of our age (being more for the realms of science fiction). The Act clearly states that …

Charitable Legacies and Inheritance Tax Liability

The number of estates leaving charitable legacies fell from 37,637 to 33,120 between 2018 and 2019, the first decline in a decade, according to Smee & Ford’s Legacy Trends Report 2020. Reported total legacy income was GBP2.9 billion in the year, down from GBP3 billion in each of the previous two years. Charitable estates were …

Carers Week 2020

Carers Week 2020 takes place this week (8 – 12 June) and is an annual campaign which aims to raise awareness of caring, recognise the contribution that unpaid carers make and highlight the challenges they may face. The aim this year is to Make Caring Visible. New research launched for this year’s Carer’s Week found …

Dying Matters Awareness Week #DyingToBeHeard

Dying Matters Awareness Week takes place 11 to 17 May. The purpose of the awareness week is to place the importance of talking about dying, death and bereavement firmly on the national agenda. This year’s theme is #DyingToBeHeard. Talking about death is never easy, but when someone wants to talk about death it’s important that …

Planning for you and your loved ones during Covid-19

The first case of the Covid-19 Coronavirus was reported in England on 31 January. Since then we have seen numerous steps taken to try to prevent the spread of the virus. These include: – Self-isolation for those aged over 70, with long term health conditions or virus symptoms Social-distancing measures Hospitals and care homes closed …

Making a Will

Many of us are experiencing a time which is full of uncertainty. You may have friends and family which you care for in high risk groups and it has become clear that we all need to act in awareness of others and be mindful. It is difficult to see what the future brings. Self-isolating or …

HMRC updates on Capital Gains Tax

HMRC have introduced new rules under the Finance Act 2019 stating that when UK resident individuals dispose of residential property on or after 6 April 2020, they must report the gain and pay the Capital Gains Tax within 30 days of the disposal. Failure to comply will trigger a penalty and incur interest on unpaid …

Justice Week 2020: Saving the Planet Day

On the topic of UK Justice Week 2020, our Private Client Legal Executive, Catherine Mason, has written a short blog on the theme of the day which is ‘Saving the planet’. Never before has there been such a global awareness of what we are doing to the planet and we should no longer take life …

Inheritance Tax (IHT) reform?

The All-Party Parliamentary Group for Inheritance & Intergenerational Fairness (APPG IIF) has published a report recommending the abolition of inheritance tax (IHT) in its current form, replacing it with an entirely new set of rules. If adopted, the current IHT reliefs and exemptions, which many find convoluted and hard to follow together with the complex …

Changes to Intestacy Rules

Everyone is advised to make a Will but over half of the adult population do not do so. Where there is no Will, the person’s estate falls subject to the intestacy rules which are statutory rules which govern how your possessions are divided. Many people fail to realise that, without a will, a surviving spouse …

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