More and more people are choosing to include life interest trusts in their wills. Traditionally, couples would leave their whole estate to their spouse or partner then, once both had passed away, to their children. However, the survivor may need to pay for care or they may remarry or form a new relationship and pass…
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Wills, Trusts and Probate
More and more people in the UK are registering Lasting Powers of Attorney, allowing decisions to be made on their behalf if they no longer have the capacity to make choices for themselves. Lasting Powers of Attorney exist to oversee an individual’s financial affairs, as well as looking after their physical care and well-being. Increased…
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You may have made a will or thought about the money, property and personal items you want to pass on but have you considered your digital legacy? With preparations being made for the Digital Legacy Conference 2019 which takes place in Germany this May, it reminds us that although digital legacy is a relatively new…
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Couples who marry despite the wide gap in their ages are often featured in newspapers and celebrity magazines. Think of Michael Douglas and Catharine Zeta-Jones (age gap 25 years), or Rod Stewart and Penny Lancaster (26 years). And it could be argued that in politics such a wide age gap between spouses has a positive…
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Around the world the month of September has been chosen to raise awareness and highlight the issues surrounding Alzheimer’s Disease, with September 21st designated as World Alzheimer’s Day. It is estimated that worldwide there may be 50 million sufferers from the disease, with an estimated 850,000 in the UK alone. And with aging populations everywhere…
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Unmarried partners have no right to inherit from each other unless a valid will is in place, whether they have been in a long-term relationship, whether they share a property, or whether they have children. There is a widespread belief that co-habiting couples are in a “common law marriage” and that they have the same…
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Most business owners find their time is taken up by the day to day running of their business and their plans to expand it. However, it is essential to consider what would happen to the business if the owner died, whether the business in question is a sole trader, partnership or limited company. Firstly, all…
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Anyone who applied to register a Lasting Power of Attorney (LPA) between 1st April 2013 and 31st March 2017 could be entitled to a refund of up to £108, after cost savings made by the Office of the Public Guardian were not passed on to consumers. The OPG is the public body which registers Lasting…
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Figures from the Office for National Statistics confirm that more of us pass away during the winter months than during summer. The combination of cold weather, respiratory problems, more virulent strains of influenza or less effective vaccines combine to make the winter months a dangerous time, particularly for the elderly and sick. The figures suggest…
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The Law Commission, the independent government body that reviews and recommends changes to the law, has suggested that the law of wills is outdated and reflects Victorian values rather than modern practices and methods of communication. They propose that in future emails, texts and voicemail recordings may become legally binding records of a will. The…
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