A Lasting Power of Attorney (LPA) is a legal document that allows you to appoint one or more people to make decisions on your behalf during your lifetime. The people you appoint to manage your affairs are called the ‘attorneys’. An LPA is a completely separate legal...
As part of your Inheritance Tax planning, you may want to consider putting assets intrust – either during your lifetime or under the terms of your Will. Putting assets in trust – rather than making a direct gift to a beneficiary – can be a more flexible way of...
There are many things to consider when looking to protect your family and your home. Protecting your estate is ultimately about securing more of your wealth for your loved ones and planning for what will happen after your death to make the lives of your loved ones...
Although it may not feel like it, your family finances are probably more precarious than you think. It’s all well and good when the breadwinners are healthy and working, but if something unfortunate were to happen, the outlook for those around you could change...
Do-It-Yourself Wills are very common. We say “very” because we are always genuinely surprised people are willing to take the risk of writing a complex legal document when they can get a specialist, to professionally prepare a Will for a reasonable fee. Wills are one...
If you have not made a Will you are leaving it to the State to determine how your assets should be distributed on your death. If you die without making a Will you will be deemed to have died “intestate”. The Intestacy Rules (which are set out in the Administration of...
When you make a Will, it gives you the opportunity of putting in order your affairs for after your death. We are all reluctant to contemplate our own death, but it is the one thing in life that is guaranteed! If you don’t leave a Will then the laws of intestacy step...
As Later Life Lending Experts and Mortgage Advisers, we thought this was important! Estimates from research conducted by Canada Life have suggested that an increasing amount of people will look to raise income by releasing equity from their homes and nearly 14 million...
At a Conservative conference fringe event organised by the Institute of Economic Affairs and the Taxpayers’ Alliance, Chancellor Sajid Javid hinted that he could cut Inheritance Tax. After being asked whether he would scrap the tax, Sajid Javid shared how he...
Following a bereavement, there are a number of tasks that need to be considered and completed which can make an already difficult time even more stressful. The things you might need to consider is whether you need probate, what’s involved in the probate process and if...
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