Having your will made up, while not the most cheerful of tasks, is an essential part of life. If you’re embarking on making a will, you’ve come to the right place for some sound advice. At my Norwich solicitors firm we try and help our clients save money, and protect your loved
When someone sits down to write a will, they may begin with a list of their property, savings, shares, valuable items or household goods generally. Digital assets can often be overlooked when considering what to do when someone dies. Digital assets include files, folders and software you have on your
At the Conservative party conference in 2007 the current Chancellor of the Exchequer, George Osborne, stood up and promised that anyone fortunate enough to have an estate valued at up to £1 million would not have to pay Inheritance Tax; this week any hopes that he would deliver on this
Guest post regarding Junior ISAs and IHT. Junior ISAs are a tax efficient way of saving. Neither donors to a JISA or the holder have to pay tax on interest earned. Although the interest earned by a JISA is not subject to income tax, there may still be issues with
Guest blog post from Gibson Kerr’s executry solicitors based in Edinburgh, Scotland about winding up an estate. Executry, intestacy, confirmation: big words that make the process of winding up a loved one’s estate just that bit more daunting. But don’t let the legal jargon put you off. The process it
By the Nair Law Office (US law and generally) Probate is the first step in the legal process of administering the estate of a deceased person, with the sole intent to transfer a decedent’s assets to the rightful heirs and beneficiaries. The estate is examined by a judicial authority to
When people are looking into residential home ownership, there are many things to be excited about such as decorating the house and moving in. Commercial real estate investors have this feeling when preparing for new tenants. However, if you are part of either group, you should consider doing research into
There is a large amount of confusion and controversy at the moment around the subject of fees for care homes. As fees for residential care continue to rise, more and more people are concerned that they may have to pay these from their capital, leaving little left for children and
(Based on the laws of England & Wales and general legal information on Powers of Attorney). It is a common phrase, but when asked a good percentage of the population will most likely not be able to really give you the ins and outs of exactly what a ‘Power of
What is a Constructive Trust? A constructive trust is a trust that can be imposed on parties by the court at equity, if it is just and reasonable to do so. This prevents certain parties from being unjustly enriched, particularly where the other party cannot claim an interest because of
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