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Your last will may not be the last word if someone decides to challenge this. Nothing is certain but death and taxes, so the proverb goes. And in death is the final chance to determine how your hard earned money is distributed. This is done by a will and in...
Many people question why, when someone has made a will in their lifetime, there is any need for further formalities once that person dies. This is due to the fact that a will is a legal document by which a person expresses their wishes as to how their...
Are you free to use your Will to reward or punish your family? The recent Supreme Court case of Ilott –v- Blue Cross provides welcome guidance in relation to claims made by disinherited adult children. Your freedom is limited by the...
Have you recently had a bereavement? Are you responsible for dealing with the deceased’s affairs? If so, you need to be aware that the Probate Registry is increasing its fees! If you need to apply for a grant of probate (where there is a...
Although there may be various reasons that trigger people to make a will, ultimately it is about ensuring your estate passes to those who you wish to benefit. It is not only important to consider those you wish to benefit but also who you wish to entrust...
When someone close to you dies, it is always an emotional and stressful time. Some people feel that administering the estate is a simple process that can be completed without the involvement of a Solicitor. This is sometimes the case, but before taking on...
Time and time again, Private Client lawyers hear this same sentence, “I don’t need a Will I have nothing to leave”. The reality is that everybody has something to leave, even if they do not consider it to be financially valuable. If you...
Many people question why, when someone has made a will in their lifetime, there is any need for further formalities once that person dies. This is due to the fact that a will is a legal document by which a person expresses their wishes as to how their...
As many people are aware the first £325,000 of their estate is free from Inheritance Tax (IHT) on death, this is known as the nil rate band (NRB). This NRB applies on death and also on Lifetime transfer where the deceased does not survive 7 years...
"As long as someone can look after my finances it doesn't matter about my health". This is a statement that we as solicitors, hear frequently. Whenever a client comes to see us about Lasting Powers of Attorney (LPA) it is usually...
Lincolnshire Trading Standards are warning county residents against using unregulated will writing companies to prepare wills, especially for property protection trust wills. Some companies claim if a trust is set up to protect the value of your home,...
Chattertons associate solicitor, Anna Howat is celebrating after qualifying as a full member with the Society of Trust and Estate Practitioners (STEP). STEP members spend their professional lives working with families and tackling real problems. Common...
The Brexit furore still doesn’t look like abating any time soon. However, HM Revenue & Customs have taken steps to alleviate any fears their “customers” may have that tax changes will be following close on the heels of the...
The starting point when looking at estate planning where agricultural land is concerned is to look at the current set up of the farming partnership and various pieces of land. More often than not with agricultural land it is not certain who owns the land, or...
Dementia is caused by a number of diseases that affect the brain. There are several different types of dementia, the most common of which is Alzheimers. Different types of dementia affect the brain in different ways and at different rates and an...
Local legal firm, Chattertons Solicitors, is pleased to welcome Jacqueline Marshall to their Wills, Trusts and Probate Department. Jacqueline is based at the Firm’s Grantham office. Jacqueline has 4 years’ experience dealing with Private Client...
