Since 1975, disappointed beneficiaries have been able to claim for reasonable financial provision under the Inheritance (Provision for Family and Dependents) Act (“the Act”) subject to a six months time limit following the granting of probate. The Act, however, provides the Court with a discretion to permit claims lodged well after the six months time limit has […]
Jun
11
J’AI UN PROBLEME
J’AI UN PROBLEME Article written by David Maxwell Private Client Senior Associate Lawyer The recent case concerning the late Johnny Hallyday’s Will highlights the complexity of dealing with cross-border estates and the need for good legal advice to help avoid the kind of problems which have befallen the estate of “the French Elvis”. Incorporating a […]
Mar
07
Sheep or Wolf? How to Fraud-proof your Lasting Power of Attorney
Sheep or Wolf? How to Fraud-proof your Lasting Power of Attorney Article written by David Maxwell, Senior Associate The untrustworthy individual who abuses a parent’s or elderly neighbour’s power of attorney is a recurring theme in the media and despite a major overhaul of the system several years ago shows little sign of […]
Mar
07
A Matter of Life and Death……..some Future Planning
A Matter of Life and Death……..some Future Planning Article written by David Maxwell, Senior Associate Private client lawyer —————————— There has been much debate in the press and elsewhere recently concerning end of life care and euthanasia. The dividing line between the two is, in fact, often blurred and the pain-relieving but potentially life-shortening quality […]
Jan
10
Why do I need a Will?
“Why do I need a Will” by Rashid Azizi, Associate Solicitor Wealth Protection and Private Client team, Why do I need a will? In essence, it is a question of retaining some degree of control regarding how your estate passes on your death and ensuring there is some measure of certainty. We spend most of […]
Jan
04
BUT IT’S NOT FAIR!
The past two years have seen a number of high profile disputes being reported in the press where aggrieved adult children used the courts to try to overturn their late parents’ Wills in order to acquire a larger share of their estates for themselves. It is not surprising that these types of cases are so […]
Jan
04
New Years Resolution To Finally Sort Out Your Will
As the New Year commences it is as good a time as any to review your family’s security and future. It could be a horrible mistake not to contemplate what is going to happen to your estate and loved ones security on your death or in the event of your serious ill-health or even on […]
Jul
11
Intestacy Rules: The Importance of Making a Will
Intestacy Rules: The Importance of Making a Will The main purpose of making a Will is to ensure that those for whom you wish to provide will benefit from your estate. If you do not make a Will when you die the ‘Intestacy Rules’ will determine what happens to your personal possessions, money and all […]
Jul
05
Inheritance Tax: Residential Nil Rate Band Allowance: a summary of the main provisions
Residential Nil Rate Band Allowance: a summary of the main provisions When an individual dies, Inheritance Tax is potentially due on his or her estate and is charged at a rate of 40% of the overall value of the deceased’s assets and belongings. On death each individual estate is entitled to an Inheritance Tax exemption […]
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