Yet again we’ve heard of another case where the person who thought they were going to receive a fortune didn’t receive a penny, a cent, a dime or a euro.
A father told his son in 2005 that he had written a new will naming his son as a major beneficiary.
The father died in an accident, […]
Posted on October 29th, 2007 by Stephen
Filed under: News, Wills | No Comments »
A Whitehall report says that the majority of pensioners who were forced to sell their homes to pay their care home bills are being charged more than fellow residents.
Residents can pay up to £30,000 a year for their care and home.
The inquiry by the Commission for Social Care Inspection says that 58% of homes […]
Posted on October 26th, 2007 by Stephen
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The Conservative political party went to court to try to win the money left in the 1980’s will of Branislav Kostic. He died in 2005 and when the will was read he had left the Tories £8.3 million as Margaret Thatcher would save the world from “satanic monsters”.
His only son contested the will claiming […]
Posted on October 22nd, 2007 by Stephen
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Funeral wishes in a will are just that; funeral wishes. They are not commands that have to be carried out by law by the executors of the will and there’s a good reason for that. You don’t know when the will is going to be read.
If the executors should read the will after they’ve […]
Posted on October 18th, 2007 by Stephen
Filed under: Legal Advice, Pre paid funerals | No Comments »
Now we’ve all had a few days to consider the chancellor’s inheritance tax (IHT) allowance decisions and realised that he hasn’t really given us anything, but a different way of giving us what we all should have had before if we had our wills and taxes arranged correctly – that’s the full £600,000 nil rate […]
Posted on October 15th, 2007 by Stephen
Filed under: Legal Advice, News | 1 Comment »
Chancellor Darling yesterday announced that the levels at which inheritance tax would apply have been changed as follows;
Before yesterday’s announcement, inheritance tax was charged at 40% on assets worth more than £300,000 that someone leaves behind when they die, unless it was left to a spouse.
When the spouse dies the same £300,000 rate applies. […]
Posted on October 11th, 2007 by Stephen
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There are circumstances where a person may have assets, sometimes significant assets, but is not mentally able (capable) to make their own will.
The Office of the Public Guardian (OPG) has powers to make a will on behalf of the person.
For the OPG to actually carry out this process, the projected testator must already […]
Posted on October 8th, 2007 by Stephen
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How to get your LPA up and running.
If you’re in Scotland the laws haven’t changed and if you’re in Northern ireland, then Enduring Power of Attorney decisions still apply.
Firstly, the person giving away the power (the donor) needs to be at least 18 years of age. They need to have their mental capacity intact […]
Posted on October 4th, 2007 by Stephen
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The new Lasting Powers of Attroney signal the end of the much aclaimed Living Wills (also known as Advance Directives), but do they? If you can’t nominate someone to make these decisions as your attorney, you might still need an old style Living Will to give doctors guidance.
The new Lasting Power of Attorney (LPA), Personal […]
Posted on October 1st, 2007 by Stephen
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