by Oliver Saxon | Dec 20, 2021 | Wills & Trusts
Are you aware that when you use gifts as part of your final inheritance tax planning, not only will you receive the joy of giving your loved ones a gift, but you can even reduce your inheritance tax liability. Understand the definitions of a gift A gift could be...
by Oliver Saxon | Dec 20, 2021 | Lasting Powers of Attorney, Wills & Trusts
Experts have warned that the proposed changes to UK law risk substantially increasing financial abuse of older people. Plans by the Law Commission and the Ministry of Justice to modernize Lasting Powers of Attorney aim to make procedures simpler and easier but both...
by Oliver Saxon | Nov 20, 2021 | Wills & Trusts
The numbers of unmarried cohabiting couples in the UK has risen to approximately 5 million (according to the latest figures from the Office for National Statistics). But unmarried couples don’t have automatic legal rights to inherit from each other. The rights of...
by Oliver Saxon | Oct 13, 2021 | Wills & Trusts
October is Will month so we thought it would be helpful to put together a useful guide for anyone thinking about making a Will, as we hear all too often that sometimes people just don’t know where to start. This can then become such an overwhelming...
by Oliver Saxon | Oct 13, 2021 | Wills & Trusts
A Trust can be set up through your Will to help protect and control wealth for the benefit of your family/loved ones. Trusts enable people to place assets under the control of others, so that they have full responsibility to manage those assets for the benefit of...
by Oliver Saxon | Oct 13, 2021 | Wills & Trusts
The number of people challenging Wills and testaments in the UK High Court hit a record high last year with 192 cases raised by people who claimed they were entitled to a share or larger portion of a deceased’s estate. This was up from 188 in 2019 and a...