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!

The New Death Tax

A week after the budget and a sting in the tail. The government will re-introduce the unpopular and unfair increase to the fees for obtaining a grant of probate by Statutory Instrument with effect from 27th November 2018. You might recall their attempt to do this last year, which was withdrawn due to the general …

Is a Trust the Right Thing for You?

The concerns and problems raised by Universal Trustees, its conduct and its subsequent compulsory liquidation are now clear to all those former clients of the company. Many people were persuaded to set up trusts, transfer assets or complete Wills – all actions that were presented to them as tailored to their specific needs. Perhaps, for …

More good news on Help to Buy

Prominent amongst the property related reforms in the Budget was the announcement of additional Stamp Duty Land Tax (SDLT) relief for first time buyers of shared ownership properties up to a maximum of £500k in England and Northern Ireland. For properties over £500k, no exemption is available and you’ll have to pay SDLT at the …

PETs…. Not the ones we cuddle at home

Do you like giving cash or presents, perhaps for birthdays, Christmas/other religious holiday, weddings etc? Most people do. But are you aware of the potential impact these gifts could have on your estate when you die, especially where you like to make multiple gifts each year? A PET is a term lawyers use for Inheritance …

Domestic abuse: don’t suffer in silence

The press is full of stories of people locked in violent relationships, unsure how to break free. It does take courage, but it can be done. If ever you feel threatened or have been attacked, the first thing to do is call the police who can help immediately as well as investigate whether a crime …

Don’t let Japanese knotweed get you tangled up in a legal dispute.

You could be sued for private nuisance by allowing Japanese knotweed to spread onto neighbouring land. Private nuisance is defined as: “The unlawful interference with a person’s use or enjoyment of land, or some right over, or in connection with it.”  Landowners or tenants of properties affected by Japanese knotweed could bring action against the …

Change of circumstances, change your will!

When you marry, any existing will is automatically revoked (cancelled), unless it contains a clause in anticipation of marriage, leaving it invalid. This means that you will not have a valid will and if you do not make a new one, your estate will be dealt with under the rules of intestacy. Depending on the …

Are you a client of Universal Trustees Limited (Universal Wealth Preservation)?

The uneasy rumblings regarding Universal Trustees Limited (also known as Universal Wealth Preservation, Universal Tax Solutions and Universal Asset Protection Ltd) have been growing louder and louder over recent months. We have been dealing with a number of clients who have set up trusts with this company or had Wills written with them including assisting …

Prevention is the Best Cure

How many times growing up did you hear the phrase prevention is better than cure? As a Dad of two young girls, I have lost count of how many times I have told them that if they eat too many sweets and don’t brush their teeth, they will eventually fall out. A tad catastrophic maybe, …

Costs in Litigation

The latest controversy affecting those involved in litigation is the way in which the courts will penalise one party for delaying a settlement and dragging out the litigation process. In two recent cases, where differing judgments were handed down, the controversy has been fuelled further. The latest of these two is a case of Holmes …

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