Services
People
News and Events
Other
Blogs

Wills, Trusts, Tax & Probate

 

End to Uncertainty for Grieving Families

Hannah Pearson
  • Posted
  • Author

Plans for the government to increase probate fees have been reversed and welcomed by our solicitors. Probate - the legal authority to take control of someone's finances when they die - used to take up to 10 days to be granted by the court. If the...

Being Prepared for Later Life

Joanne Jones
  • Posted
  • Author

Sadly we sometimes come across cases where elderly people have no option but to spend their life savings on care homes fees, but often some professional advice could limit or even prevent this. A case which hit the news recently highlights what can go...

Ticking Things Off Your To Do List - Making a Will

Zoe Johnson
  • Posted
  • Author

As the nights draw in and we begin to think forward to Christmas there might still be some things that need ticking off your 2019 to do list and making a Will could be one of them. Almost 75% of people do not have an up to date Will, or have even started to...

Unpopular tax due for review

Sarah Finnigan
  • Posted
  • Author

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...

Probate delays blamed on a new computerised online system

Hannah Pearson
  • Posted
  • Author

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...

Warning to Dementia Suffers about Elder Abuse

Joanne Jones
  • Posted
  • Author

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. ...

EPAs, LPAs & Wills - making sense of what you need to do

Joanne Jones
  • Posted
  • Author

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...

How Tickled I Am to Have Avoided Tax

Joanne Jones
  • Posted
  • Author

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...

Charities to be Alerted of Legacies in Wills

Joanne Jones
  • Posted
  • Author

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...

Start 2019 with your Finances in Order

Joanne Jones
  • Posted
  • Author

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...

Making A Will Should Be Your 2019 Resolution

Joanne Jones
  • Posted
  • Author

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....

Making A Will Is Good For The Soul

Joanne Jones
  • Posted
  • Author

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...

Why Young People Need a Will

Joanne Jones
  • Posted
  • Author

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...

Inheritance, Living Abroad, Your Will and Estate Post Brexit

Joanne Jones
  • Posted
  • Author

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...

INSIGHT: Are You losing An Inheritance Tax Allowance On Your Home?

  • Posted

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...

Solicitors Warning After Prince Dies Without Making A Will

  • Posted

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....

Lawyers Give Lineker A Red Card For Tackling Divorce Issues

  • Posted

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...

Will you or won't you be caught out by new law

  • Posted

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...

Pearson solicitors waive will writing fee for The Christie

  • Posted

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...

Make a Will and Help a Charity at the Same Time

  • Posted

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...