I received a number of queries regarding last month’s blog, the main question being “Is there an alternative to gifting the Family Home?” as some people are not in a position to place their property into a Family Trust.
Following on from my “Easter Gifts” blog, I received a number of queries about gifting the family home so I thought I would address this topic this month.
Easter is later this year, 19 April 2018, which means you can start thinking early about your Easter Gifts. Chocolate eggs may seem the obvious choice but perhaps you are considering money instead. If you are, then you should consider what that means for you and your estate.
I would like to thank everyone who contacted me following my blog “New Start to the Year – Get your Affairs in Order – Part One”. For those who I have seen and spoken to, you will now be aware it is equally important to have your affairs in order during your lifetime, not just on death, in the event you suddenly suffer from a physical or mental incapability.
Often people consider writing their Will when they have suffered bereavement or a family member has been seriously ill. I have even come across people that are frightened of making a Will as they fear that once they have signed on the dotted line, they will meet their maker. I have to say it took me several years to persuade my father-in-law to make a Will, which he did a few years ago and guess what, he is still with us.
Proprietary estoppel provides a means by which a person may claim a right to property or land despite being legally documented. For example, if someone has promised that you inherit their property or land on death, but you subsequently find out that it is not reflected in their Will.
Dealing with someone’s estate can be a burdensome task and at the same time you are faced with the ever expansion of the modern world and you now have to consider “Digital Assets”.
So what is a digital asset? It is simply personal property stored in digital form whether that be electronic or online and you may not realise that you own digital assets until examples are given.
The Ministry of Justice has now confirmed that the Government is pressing ahead with substantial increases in Probate Court fees.
This decision arises despite arguments against the move by The Society of Trust and Estate Practitioners, Solicitors for the Elderly and the majority of respondents to the Government consultation process.
From 6 April this year the new Residential Nil Rate Band (RNRB) will allow an additional £100,000 of property to be passed, by your Will, to direct descendants alongside the current individual Inheritance Tax free allowance of £325,000. This raises the value of property that a couple can pass on death without incurring an Inheritance…
Linder Myers has added a new trusts and estates solicitor in Manchester with the appointment of Charlotte Ashworth.
Joining from Burnley based Waddington and Son Solicitors, the new appointment boosts Linder Myers’ Manchester based team of trusts and estates specialists to 15. Charlotte Ashworth specialises in advising on wills, Lasting Powers of Attorney and probate matters.
Linder Myers has boosted its team in Lancashire with the appointment of two new solicitors in its trusts & estates and commercial litigation departments.
Laura Hallett Lea joins as a commercial litigation solicitor from Marsden Rawsthorn. Laura specialises in all aspects of property litigation including commercial landlord and tenant disputes, commercial property disputes, residential tenant evictions and agricultural disputes. Mrs Lea is also a solicitor advocate.
Linder Myers has announced it will be recruiting positions across four departments in its Shrewsbury office and is currently seeking specialists for its trusts & estates, residential conveyancing, commercial litigation and corporate commercial departments in the region.
In 2013 the Law Society expressed disappointment with the Government’s decision not to regulate Will writers. Rejecting advice from the Legal Services Board the decision led to fears that individuals would be at risk from ‘cowboy’ Will writers with little chance of redress should things go wrong. In response to Government calls for professional bodies…
Linder Myers has promoted two of its solicitors in its Residential Conveyancing and Trusts & Estates departments in its Chester office.
Linder Myers’ Chester office, based in Pepper Street, has added a Trust & Estates specialist to its office with a remit to grow the department both in Chester and wider North Wales region.
Linder Myers will be supporting St George’s Church in Frankwell, Shropshire, in its fundraising initiative to help raise the £70,000 needed by 2014 in order to fund essential building repairs which includes its roof and tower.
By making a Living Will, or Advance Directives, as they are also known, a person can make a written statement, imposing certain restrictions and conditions on their medical treatment, in the event that they cannot make those decisions for themselves in the future. Such documents must be adhered to by medical staff. Recent case In…
Our Court of Protection specialists today secured a landmark ruling which will have a significant impact on the way the property and affairs of incapable brain injured litigants are managed. Up until now there had been uncertainty as to what was more appropriate for brain injured incapable people – either the deputyship regime (whereby an…
We are delighted to announce that Andrew Cusworth, Head of our Trusts and Estates department, has been appointed to the official panel of Professional Deputies of the Court of Protection.