What is an LPA (Lasting Power of Attorney)?
No one wants to think about what would happen if they were to lose mental capacity so that they could no longer manage their affairs independently. Many assume there is...
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You may or may not be aware that the EPA was replaced in 2007 by the Lasting Powers of Attorney (LPA). There are two types of LPA, one dealing with...
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From 6 April 2017, a new Inheritance Tax (IHT) relief called the Residence Nil-Rate Band “RNRB” will become available for certain people to claim. This will mean a further £100,000...
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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 readingHow Long Does Estate Administration Take With a Property to Sell?
If an estate includes a property that needs to be sold, obtaining probate and finalising estate administration typically takes between 9 and 18 months, although every estate is different. The...
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...
First Steps to Separation: A Free Online Webinar
WSP Solicitors, Meta Advisors and Clarity with Claire have joined forces to host a free online webinar designed to help people navigate the early stages of separation with greater confidence...
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