AMUSING TALES FROM WILL WRITER WAYNE BARNETT WINNER OF THE COOLEST HEADSTONE COMPETITION RUSSELL J. LARSEN – LOGAN UTAH USA THE INSCRIPTION ON HIS HEADSTONE READ: 5 RULES FOR MEN TO LIVE A HAPPY LIFE It is important to have…
As a member of the UK Institute of Professional Will Writers as well as being a Fellow of the Institute of Chartered Accountants in England & Wales, I am told some remarkable human stories, in confidence of course. It’s a…
The plethora of proposed private members’ bills making their way through the House of Lords could have huge implications. Many couples opt to cohabit without making a legal commitment which is still leaving them vulnerable and exposed. On 04 February…
Significant bills will be discussed concerning end of life care and decisions during the next House of Lords sitting. This includes a revised Assisted Dying Bill and Right to Die at Home Bill. In 2014, Lord Falconer proposed the Assisted…
The average funeral costs have increased by 3.4% to £4,417 since last year. The increase is forcing a lot more grieving families into financial difficulties according to the latest ‘Cost of Dying’ Report by SunLife. 12.5% of all families faced the unenviable prospect of…
Dying without a Will Law change. The Lord Chancellor has announced an increase of the statutory legacy figure from £250,000 to £270,000. Which comes into force on 6th February 2020. This means that spouses or civil partners with children will…
This can result in their estates being liable to UK inheritance Tax (IHT) @ 40%. It is domicile not residence which determines whether you are liable to UK Inheritance tax. Living abroad does not necessarily protect you. There are three…
Lloyds Banking Group failed to return the Wills of thousands of deceased customers to their families, leading hundreds of them to distribute assets to the wrong people. The company discovered this year that it had about 9,000 Wills of deceased…
Reduced rate of inheritance tax where 10% of estate left to charity Cutting your Inheritance Tax bill Leaving a part or your entire estate to charity can reduce, and in some situations, eliminate the Inheritance Tax liability. If you leave…
1,750 Homes Per Month Sold To Fund Social Care On average, 1,760 older homeowners per month or 406 older homeowners every week are being forced to sell their homes to fund their social care costs. According to new research by…