What happens to the Family Home in a Divorce?
Dividing the family home is one of the biggest concerns for people going through a divorce. For many couples, the house is their most valuable asset. It’s also where children...
More People Use Solicitors for Making a Will
Making a Will puts you in control. You can leave clear instructions on how your estate is to be distributed and you avoid your assets being subject to statutory intestacy...
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If you do not leave a Will, when you die the law (known as the ‘Intestacy Rules’) will decide who will inherit your assets. The Intestacy Rules provide a list...
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‘Awareness of Lasting Powers of Attorney’ is on the increase. People understand that it is preferable to plan now for a point in the future when they cannot manage their...
Continue readingWhen more than one person owns an interest in a property, they need to consider how they want to hold it. There are two ways in which a property can...
Continue readingFrom 6 April 2017 a new Inheritance Tax allowance called the Residence Nil Rate Band (RNRB) will be available to anyone who leaves a residential property or an interest in residential property to their descendants or to the spouses or civil partners of their descendants in their will.
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Agricultural solicitors regularly see cases where IHT relief is being lost unnecessarily due to a lack of correct planning. A review of the farming business and its ownership structure may do much to improve the position. Read more here.
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