by H4r0ld83nj4m1n@ | Mar 7, 2025 | Estate Planning, Powers of Attorney
A Lasting Power of Attorney (LPA) is a legal document that allows one person (the donor) to appoint another (the attorney) to make decisions on their behalf should they become unable to make decisions for themselves due to illness, injury, or incapacity. The...
by H4r0ld83nj4m1n@ | Sep 24, 2024 | Estate Planning, Private Clients
As a private client practitioner, one of the first questions I often receive from new clients is, “How much do you charge for a will?” or “What are your probate fees?”, as if everyone’s requirements were identical. I fully understand that knowing the cost of a service...
by H4r0ld83nj4m1n@ | Apr 6, 2023 | Estate Planning, Private Clients, Uncategorized
When a person dies without leaving a Will, they are said to have died intestate. As they have not provided directions as to who inherits their assets, their estate is distributed in accordance with a set of rules known as the ‘rules of intestacy’. The rules of...
by H4r0ld83nj4m1n@ | Sep 29, 2022 | Estate Planning, Fine Art, Wills, Trusts and Probate
The Conditional Exemption Tax Incentive Scheme provides an opportunity to defer payment of Inheritance Tax or Capital Gains Tax when an item of pre-eminent importance is passed to a new owner either by gift or by inheritance. Pre-eminent? There are six qualifying...
by H4r0ld83nj4m1n@ | Aug 31, 2022 | Estate Planning, Wills, Trusts and Probate
It is very easy to misplace a document, not least something as important as a will. If you are dealing with the affairs of someone who has passed away, you will naturally be concerned to look for the will to understand what that person’s last wishes were. Here is some...
by H4r0ld83nj4m1n@ | Apr 26, 2022 | Estate Planning, Fine Art, Wills, Trusts and Probate
As a general rule assets of a deceased over the value of the nil rate band (currently £325,000) are chargeable at 40% inheritance tax The Acceptance-in- Lieu scheme (“AIL”) Since 1910 the UK government has encouraged those administering estates, responsible for...
