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BUDGET 2024 The Changes To Inheritance tax

The budget 2024, our new Government has decided in it's first budget to raise further income for the Treasury by increasing Inheritance Tax. Whilst the rates have not increased the existing allowances (ie nil rate bands), have been extended for a further fixed period...

A Right of Residence

A Right of Residence is something you can include in your Will If you own a house and want to make sure that someone can continue living there after your death one of your options is to create a Right of Residence for them. This will make sure that the person keeps...

It pays to be civil

Mixed sex couples can enter a Civil Partnership and enjoy most of the Tax benefits of being married. This is a legal relationship which provides some real financial benefit to those who wish to live together without getting married. The set up costs are nominal...

Xmas-a time for giving

Thoughts of giving often come to mind at Christmas time. What presents shall I buy? Will they like it? Have they got one? All of this we think about during the festive season. It becomes a good time to seriously consider what gifts you should include in your Will....

Is your Mirror secure?

Many married couples and unmarried partners have prepared Wills leaving everything to each other and then to children or other family members. These are known as Mirror Wills. Usually they are sufficient for happy close knit families with each believing everything is...

The Three Trustateers

Attorneys, Executors and Trustees are the various titles used in documents such as Lasting Powers of Attorney ,Wills and Trusts. The differences between them are not always easily understood by members of the public. An Attorney is someone you have appointed to look...

Consequences

Coved 19 has caused many members of the public to concentrate their minds of the possible consequences of having the virus. Inevitably the prospect of sudden,unexpected death has meant more attention to the implementation of a Will to secure the future of loved ones...

Retirement, redundancy furlough savings?

Receipt of unexpected sums of money can be very pleasing. Such windfalls can often be saved for the future 'rainy day' How sad it would be therefore if you passed on before the 'rainy day' arrived and the capital did not find its way to those you love. A Will is a...

So Insecure

In the current unusual times it is no surprise for us all to feel insecure. Not knowing if and when we might catch the dreaded virus and then unaware of whether or not we may survive it creates much fear and doubt in our minds. We are constantly informed of the...

Lockdown Discount

During this period of lockdown it is not possible to visit clients at home to take instruction. An Information List is available which clarifies the details needed to prepare your Will. This is e-mailed to you for completion and return. Documentation is then posted to...

So Unpredictable

At the beginning of this new year 2020,with all it's great potential for the next decade,who would have predicted over 30000 deaths within a matter of 4 months from an unknown disease called Corona Virus. It has always been accepted that death for everyone is...