Until earlier this year, every individual was entitled to an inheritance tax (IHT) free amount of £325,000 on their estate known as “nil rate band” (NRB). Since April an [...]Read more The law has changed. Should you also change your will?
It is customary to advise clients not wishing to provide for their children in their will, to prepare a side letter detailing the reasons why not. This letter would then be [...]Read more Will disputes – can you deter future claims by disinherited children?
What is a life interest trust? In its basic form the life tenant (usually the spouse or partner) is entitled to income produced by the property or, as is more common, to live [...]Read more Life interest trusts and the family home
As members of Solicitors for the Elderly (SFE) , Solomons Solicitors fully concur with the following SFE statement today: “We are delighted to hear the proposed probate fees [...]Read more Probate Fees plan dropped until at least after the General Election
What are the key differences between an Enduring Power of Attorney (EPA) and a Lasting Power of Attorney (LPA)? We are often asked about the differences between LPAs and EPAs [...]Read more Lasting Powers of Attorney vs Enduring Powers of Attorney – Key Differences
In 2015 the Law Society was announced the launch of Veyo, a leading-edge conveyancing web portal was to be launched on 26 May 2015. The aim of Veyo was to allow all parties in [...]Read more Paperless Conveyancing: the Rise and Fall of Veyo
“In this world nothing can be said to be certain, except death and taxes”, this indeed seems to apply in light of the new laws to be implemented on buy-to-lets and second [...]Read more Death of The Buy to Let: New Government Measures
King’s College London Shakespeare Centre have recently announced that William Shakespeare’s last Will & Testament will be featured at the Somerset House’s [...]Read more Shakespeare’s Last Will & Testament: “No Legacy is so Rich as Honesty”