Article Category: Personal & Family Law – Insight & Opinion

Advance Decisions – Why Are They Important?

advance decisions

The COVID-19 pandemic has undoubtedly forced many people to be confronted with the reality of life and death. It has made people aware of the importance of taking action in order to ensure that their own lives are in order, addressing legal loose ends that may have been previously put off, such as Wills, lasting… Read more »

Digital assets after death

digital assets

What happens to data on a phone or device after someone dies? Helen Gowin, Partner, reports on a new service from Apple that enables loved ones to retrieve digital assets after death. Most people have a mobile phone or device and store their information in a cloud-based service. Their digital ‘assets’ may be a wide… Read more »

Being Prepared for the Unexpected Death of a Business Owner

succession planning, unexpected death

Planning for an unexpected death of a business owner is a sobering affair and may not be at the top of the list of priorities. However, putting in place some sensible arrangements could make things run more smoothly when family and business colleagues will be focused on grieving rather than sorting out some emergency measures… Read more »

Can You Rectify a Will If a Mistake Has Been Made?

If a mistake has been made in a Will, then an application can be made to the Court to rectify a Will under the Administration of Justice Act 1982. If the Court is satisfied that the mistake has been made because of a misunderstanding of instructions or a clerical error, then the Will can be… Read more »

Why Is It Important to Consider Beneficiaries in a Will?

Signing Document

During one of my recent client meetings, I asked my client who they would like to appoint as their beneficiaries in the event of a family tragedy. Subsequently, the client called me ‘Vicky Armageddon Timothy’ as, understandably, the thought of planning for a tragedy is not a nice one and one that is often disregarded…. Read more »

“Finding Derek” – Why Lasting Powers of Attorney are so Important

Document for Lasting Powers of Attorney

The documentary made by Kate Garraway titled “Finding Derek” aired recently and brought to light why having Lasting Powers of Attorney in place is crucial to protect yourself should an unexpected crisis occur. Justine Clowes, Partner and Head of Private Client Group, highlights the benefits of making a Lasting Power of Attorney and how this… Read more »

Trust Registration Service (TRS) – Deadline Extension

Earlier in the year, we discussed the Trust Registration Service (TRS) and the additional regulations that came into force on 6th October 2020 as a result of the Fifth Money Laundering Directive (5MLD). Recently, HMRC has announced that a deadline extension for the TRS will be implemented. It will be a requirement to register all… Read more »

Budget 2021: Impact on Your Estate

Desk with document titled inheritance tax

In the months leading up to the Budget, several rumours were circulating about the changes that would be made this year. Chancellor Rishi Sunak announced that inheritance tax and capital gains tax would remain the same, but what does this mean essentially and how does it impact making lifetime gifts and the value of your… Read more »

Property in a Trust: Responsibilities and Considerations for Trustees

Taking care of property in a trust

Putting property in a Trust is a great way to safeguard the property and avoid a lengthy and costly probate process on death. For the trustees who hold the property, it is important to consider any potential risk factors, your obligations and the health and wellbeing of the beneficiary residing in the property. There is… Read more »