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Making tax simple is part of a proposed review of Inheritance Tax – something which affects many of our clients. Sarah Finnigan unpicks the issues: Inheritance Tax is one of the most unpopular taxes of all time and something which affects many of...
In January this year the Government introduced a new IT based online system for granting Probate, but this has now stalled and some clients have been waiting up to 3 months for the application to go through. Probate — the legal authority to take...
Lawyers are fighting for changes to the law to safeguard dementia sufferers against financial disadvantage. Those suffering with dementia seem to be a target for crooks who befriend them, coerce them into getting married purely to inherit their money. ...
Do you have an Enduring Power of Attorney (EPA) which was set up some time ago? Well the time may have come to relook at that legal document, particularly as EPAs were replaced with the property and financial affairs Lasting Power of Attorney (LPA) in...
Comedian and funny man Ken Dodd had the last laugh last year when he married his long term partner on his deathbed, thus avoiding Inheritance Tax and with probate on his estate just granted his Will and £27.5m fortune is now public. Whilst...
A new system alerting charities to when they have been left money in wills is to be established by HM Courts and Tribunals Service (HMCTS) following a decision to end its current arrangement. This has been welcomed by many in the charity sector who are...
If you’re looking at getting your finances in order this New Year it is important to consider making Lasting Powers of Attorney (LPAs) – these are legal documents that allow you to nominate people you trust to make decisions for you, should you...
Oldham Law firm Pearson Solicitors is urging local families to consider making their New Year Resolution for 2019 to get a Will and plan their financial futures. January is a particularly popular time to make a Will or make changes to an existing Will....
Not making a Will can have an effect on all the family – as shown this weekend when it was revealed that Queen of Soul, Aretha Franklin, died intestate. Aretha Franklin, who died last month at the age of 76, did not leave a will. Her four sons and...
The law says that anybody can make a Will once they reach the age of 18 – this is because it is important for all adults (no matter their age) to make provisions for the future. Many younger adults avoid making a Will because they don’t...
Following the vote to leave, many are left wondering whether the UK’s exit from the EU could have a knock on effect on estates and the succession plans of those with assets abroad. Currently, EU based estates being left to EU citizens are subject to...
As Government uncertainty prevails and we now look to Theresa May to settle the ship, the old adage there is nothing as sure as ‘death and taxes’ prevails and with that in mind during this period of insecurity inheritance issues and estate...
A court in Minnesota has declared that the musician Prince had no known will and has moved to appoint an executor for the 57-year-olds estate. The singer's estate which includes his $10 million Paisley Park estate is thought to be worth close to $300m....
Divorce lawyers have this week defended themselves against an off-side strike by former footballer Gary Lineker who is calling for a “mathematical equation” to help couples divorce quickly. Head of family law, Daniel Prince, said twice-divorced...
A big shake up of what happens if you die without a Will comes into force on October 1 st . If you die without a will ‘common law’ partners may be shocked to realise they still have no rights to inherit and the children of married couples...
People in Oldham will have the opportunity to make or update their will for free next month as part of The Christie’s Make a Will Week, in return for a donation to the charity. The Christie, the North West’s specialist cancer centre is...
Pearson Solicitors and Financial Advisers are waiving their fees to raise money for Dr Kershaw’s Hospice during Make A Will Week, May 19-23. Instead of paying a solicitors fees for a Will the Queen Street firm are instead asking clients to instead...
