COOLE BEVIS LLP NEWS

Keep up to date with the latest activity from the Coole Bevis LLP team. We make sure we’re always one step ahead when it comes to legal matters across a range of industries and now you can be too!

Terms and Conditions of Employment

As a business it is important that you have a record of your contractual arrangements, preferably in writing. In respect of your employees you should set out their terms of employment in writing; indeed, a failure to do so may result in a breach of the employee’s statutory rights as set out in the Employment …

“62 per cent of leasehold homeowners felt that they were mis-sold a leasehold”.

A concerning statistic from NAEA Propertymark. This article on City A.M. highlights the some of the many pitfalls that can, unfortunately, be associated with leasehold properties. It is vitally important to seek expert professional advice when purchasing a leasehold property, or when extending a lease. If you already own a leasehold property you may be aware …

Dementia ‘greatest health challenge of our times’

The charity Alzheimer’s Research UK has warned that dementia is the greatest health challenge of our time. With one in eight death certificates in England and Wales citing dementia as the cause of death, the World Health Organization says dementia is now the fifth biggest killer worldwide, although in some wealthier countries, it is number …

How does someone die intestate?

Intestacy arises when a person dies without leaving a valid Will. A person who dies without leaving a Will is called an intestate person. Alternatively, a partial intestacy is when someone dies leaving a valid Will but the Will does not make provision for the entire estate and in this case the intestacy rules apply …

Brexit delays proposed increase to grant of probate fees

Brexit has delayed the plans to increase the cost of probate, the implementation of which has been met with widespread approval. The Guardian reported this week that the plans to introduce a sliding scale of charges, which would replace the current flat rate, were due to come in on 1 April. However, no date has …

Don’t take chances when it comes to your future…

We all hope that we won’t become incapable of making our own decisions, but accidents can happen at any time and with one person developing dementia in the UK every three minutes, now is more important than ever to plan ahead and set up Lasting Powers of Attorney (LPAs) to ensure that your wishes are …

Tony Benn’s Archive Donated – and inheritance tax avoided

Recent news included a story about how Tony Benn’s archive has been donated to the British Library under the acceptance in lieu of the inheritance tax scheme. The fascinating archive collection was accumulated by the former left-wing politician who died in 2014 over his life-time. It includes a diary he started in his youth, and …

What is a Trust?

In light of the recent issues arising from the Universal Trustees Limited liquidation, it seems appropriate to set out some guidance regarding trusts. For many people trusts seem very complicated and daunting structures. It is true that Trusts are not simple things but then they were never meant to deal with simple situations. Where the …

The Significance of ‘Probate’ Valuations and The District Valuer Office Agency

Are you confused about the meaning of probate valuations and the impact these may have on an Estate you are dealing with? The term ‘Probate Valuation’ means the value of the assets as at the date of death. A ubiquitous term used throughout an Estate administration but do you really know why these valuations are …

HM Courts and Tribunals to Change Notification System for Charity Donations

There is to be a change to the way charities are alerted when money has been left to them in a will, according to a news item on the Civil Society website this week. HM Courts and Tribunals Service (HMCTS) is working with the Institute of Fundraising, the Institute of Legacy Management, Acevo and the …

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