Article Category: Wills & Wealth Planning

Plan to protect your finances and more

I was recently talking to a financial adviser and we agreed that while people were generally happy to talk about investment and pension planning to secure their future finances, the protection side of financial planning was often overlooked. What do we mean by protection? Essentially this is a matter of planning to deal with financial… Read more »

Proposed changes to Lasting Powers of Attorney

The Office of the Public Guardian (OPG) has recently consulted on its proposals to remove the need for a physical (or ‘wet’) signature to be made on Lasting Power of Attorney (LPA) forms. It proposed new legislation which would allow the donor and witnesses to sign electronically. The intention is that this will make it… Read more »

An inheritance tax free ISA?

Did you know that ISAs are free from income and capital gains tax? However, contrary to the beliefs of a large number of people, cash or shares held within ISAs do form part of an individual’s estate on death to calculate liability for inheritance tax. Investment in shares in companies listed on the Alternative Investment… Read more »

Inheritance tax avoidance or evasion?

Recent figures show that HM Revenue and Customs is collecting more inheritance tax than ever. To some extent this can be put down to the increase in property prices in some parts of the country and the improving performance of investments, combined with the on-going freeze in the threshold at which inheritance tax becomes payable…. Read more »

Could you receive or give an unexpected inheritance?

It never ceases to amaze me, as someone who helps those administering an estate, how often estates can end up with estranged relatives who may never even have met the person who has died. If only the deceased had either got round to making a will or had updated the will they had made many… Read more »

Cheshire residents given the opportunity to plan for the future

A leading expert in long term care planning is to give residents of Macclesfield and Chester the opportunity to hear essential information about the legal, general and financial issues surrounding long term care. The advice, being given at events in the two areas, will explain how the funding system works to enable people to plan… Read more »

The link between your digital assets and your will

So you’ve made your will and done some estate planning but did you consider and include your digital assets in the process? I write wills and admittedly the answer to my own question, was no. It wasn’t until I found my late friend’s profile on LinkedIn that it made me think! Since the mid 1990’s… Read more »

New intestacy rules when there is no valid will in place

The Inheritance and Trustees’ Powers Bill was recently introduced into the House of Lords to look at reforming and simplifying the distribution of an estate through intestacy in England and Wales. In particular, the bill proposes that a surviving spouse will automatically inherit the estate of an intestate person, who dies without leaving children, without… Read more »

5 common excuses for not making a will

When it comes to decisions that you may think are a long way in the future – we tend to put them off, or make excuses: ‘there’s plenty of time’ or ‘it’s too complex’. It is natural to fear death and we don’t like to think about it, however, the harsh reality is that it… Read more »