Category: Private Clients

National Wills Week: Three consequences of not having a will

There are several potential issues that can arise from not having a will, which can also be detrimental to loved ones; but still over 60 per cent of adults in the UK have resisted getting one. Awareness is important during National Wills Week; the impact of not having a valid will can be significant. Here…
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UK families urged to ‘Remember A Charity’ in their Wills

A prominent charity group is calling on UK families to leave behind charitable legacies in their Wills.

Death of music legend Aretha Franklin highlights importance of having a Will

Last week, legendary singer-songwriter Aretha Franklin passed away at the age of 76, leaving behind no Will documenting what should happen to her estate.

What are the top mistakes people make in their Wills?

Having a legally-recognised Will in place is vital to ensuring that your estate is passed on in line with your wishes and expectations when you die.

Number of people seeking help with Inheritance Tax expected to rise

The number of UK families and individuals seeking out Inheritance Tax (IHT) advice will rise sharply over the next three years, a new study has predicted.

IHT ‘not keeping up with property prices’

News that the Treasury’s Inheritance Tax (IHT) take has hit a record high in the past year has sparked concerns that IHT is not keeping up with the pace of UK house price growth.

Could your family benefit from a deed of variation?

UK families are being urged to consider the benefits of setting up a deed of variation (DOV), which may be able to help families to resolve difficult Inheritance Tax (IHT) issues after the death of a loved one.

New legislation to protect vulnerable people in care

Reforms are being made to the ‘Deprivation of Liberty Safeguards’ (DoLs) system, with a replacement known as ‘Liberty Protection Safeguards’ set to become law.

Almost a third of Britons ‘confused’ by IHT terminology

A new study has revealed that almost a third (30 per cent) of UK adults do not fully understand key Inheritance Tax (IHT) terminology, while a similar number are unaware of the rate at which IHT is charged.

Vast majority of Britons leave important health and welfare decisions ‘to chance’, study finds

A worrying new study published earlier this week has revealed that the vast majority of Britons are leaving important health and welfare decisions ‘entirely to chance’ by failing to seek specialist legal advice.