Price Increase LPA
Subject to parliamentary approval, the Ministry of Justice will increase the lasting power of attorney (LPA) application fee later this year. The fee will increase from £82 per LPA application to £92. The new fee…
Transfer Home to Kids
Transferring your home to your children. For many people as they age their thoughts turn to how they may be able to transfer their home to their children. While in principle this seems like an…
Society of Will Writers
Why choose a Will Writer from the Society of Will Writers? The Society of Will Writers is the largest self-regulated body governing Will Writers and Estate Planners. It is a non-profit organisation with two main…
How much Inheritance Tax
How much is inheritance tax? The answers are 40% or 36% or 20% or nothing depending on what your estate is made up of and what you elect to do with it. 40% is the…
Spouse automatically
Maybe is the answer that is safe, but equally Yes and No could both be right depending on the size of your estate. If your estate when you pass is less than £322,000 then the…
Professional Executor
A professional executor is an individual or company appointed in a Will when the person believes that their estate needs additional expertise not available from family members. They handle the administrative tasks involved in settling…
Witnessing a Will
Witnessing a Will requires two adult witnesses, with full capacity, who are not beneficiaries of the Will, nor the spouse or civil partner of the person whose Will is being witnessed. The witnesses must be…
How do I fund a trust?
The costs linked to trusts are split into three areas creation, initiation and maintenance. The cost to create a trust will of course vary depending on who you use to create it and what the…