A common concern for our clients and their families is the prospect of having to sell the family home in order to meet care costs,’ explains Rebecca Tuffrey , a Wills, Trusts & Probate specialist in the team with Stephens &...
If you have been asked to act as an attorney for someone you may wonder when it will come into effect, especially if the power of attorney was made some time ago when your friend or relative was in good health. ‘There was an important change in 2007,...
Acting as an executor means that you are responsible for reporting the value of the estate and declaring any inheritance tax due, so it is important to make sure you follow correct procedures. ‘Since January 2022, new rules apply in respect of...
There are many reasons why someone might choose to leave money to charity in their will. Tax planning may be a key incentive, or it could be due to a lack of close family members. Some may simply wish to create a longer lasting personal legacy or they might...
While celebrities often have many professional advisors who look after their business affairs, like many ordinary people they sometimes do not get around to making a will and setting out their particular wishes. ‘When you die without a will,...
An increasing number of executors choose to deal with an estate themselves when a close relative dies, but is this really a wise move? The reality is that probate is usually a complex process, even where the estate appears at first blush to be small...
Without a valid will that says otherwise, your spouse may inherit most if not all of your assets on your death and any children you have from previous marriages could be left with little or nothing. This is why more and more cases are being brought...