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How to plan for your pet when you pass away
For centuries, pets have held a special place in human hearts and homes. Whether it’s the wag of a dog’s tail at the sound of your voice or the comforting purr of a cat curled up beside you, animals have a unique ability to offer companionship, loyalty, and unconditional love. They’re not just pets, they […]
Why are Lasting Powers of Attorney important?
Life is unpredictable, and while we naturally hope for the best, preparing for the unexpected is crucial. We often focus on things like retirement savings, property, and our estate, but the prospect of losing mental or physical capacity — even temporarily — is something many people overlook. Preparing for potential incapacity isn’t just about financial […]
What happens when an unmarried partner dies?
As it becomes more and more common for couples to live together without marrying or entering into a civil partnership, it becomes more and more important to understand what happens when an unmarried partner dies. The government is also expecting to provide more rights for cohabiting couples. “But we’re common-law married!” Common law marriage does […]
Capacity to Make a Will
The recent case published regarding the late Margaret Baverstock highlights the importance of ensuring that the legal requirements to prepare and sign a Will are adhered to. In this case, the Judge concluded the deceased lacked the required capacity and that the Will signed eight days before her passing had not been validly executed commenting […]
Preparing for the Future: Succession Planning for Business Owners
Many business owners often focus on growth and achieving the day-to-day operational demands of their business, failing to recognise the importance of what happens when they are no longer there to lead it. Business succession planning involves identifying successors and preparing for the transfer of leadership and ownership of your business when you retire or […]
What is a Declaration of Trust?
A Declaration of Trust is a legal document that establishes the ownership arrangement and beneficial interests in a property. The Declaration of Trust is usually made at the time individuals decide to buy a property and the main purpose of it is to remove any uncertainty as to what will happen to each person’s money […]
When should you review your Will?
Your Will is the most important document you will ever put your name to. That means that you should ensure that you keep it up-to-date and treat it as a living document. This article considers some of the main events that should trigger you to review your Will. Marriages and civil partnerships Under the general […]
Appointed as an attorney jointly with my sibling
If you and your sibling have both been appointed as attorneys in a Lasting Power of Attorney (LPA), you may wonder how this will work in practice. In this blog I will explain the roles and responsibilities you both have as attorneys and what you can do should an issue arise between you. Your role […]
Capital Gains Tax during Estate administration
The law on Capital Gains Tax (CGT) during Estate administration is often misunderstood. In many ways, the position between sales by living persons and by executors are similar but are often subtly but importantly different. They can easily catch you out! Free uplift Many non-professional Executors believe that CGT is based on the price at […]
How should I leave my Estate to my children?
If you have children under the age of 18 years, your Will needs to set out what will happen to them if you die before they turn 18 as well as who is responsible for looking after anything you leave them. Who does what? For our purposes there are three roles that matter: executors, trustees […]
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