A recent contested probate case has provided private client solicitors with ‘best practice’ guidance where a testator’s first language is not English, or where they struggle to understand the language.
The High Court has confirmed that cryptocurrency is property that may be the subject of a proprietary order. Individuals holding such assets need to ensure they are properly dealt with in their Wills.
Civil partnerships are now an option for opposite-sex couples, providing the choice of a formal union without any religious connotations. Cohabitees may wish to give this new possibility some thought since they have few legal rights and, contrary to popular belief, there is no such thing as a ‘common law marriage’.
We explain what cryptocurrency is; how it is treated for Inheritance, Capital Gains & Income Tax purposes; & how it should be dealt with in your Will.
The ‘common law marriage’ myth causes too many cohabiting couples to neglect making a Will and other important legal documents.
The portion of your estate that your spouse or civil partner will inherit if you fail to make a Will is set to change on 6th February 202 – but allowing your estate to pass on intestacy is unwise.
The High Court has upheld a mother’s decision to largely disinherit her daughter because of the daughter’s unkind behaviour.
Few people appreciate that Inheritance Tax is not just a death tax – it can be due on lifetime transfers too!
Many people include a charitable gift in their Will, knowing that charities depend heavily on such giving. We look at the Inheritance Tax implications.
What you NEED to know before writing a Will and why Wills made using a cheap £19.99 Wills service or DIY service puts your assets at risk.
