Inheritance challenges and disputed wills are soaring, but it’s not just the high profile, mega wealthy that are fuelling the action. Figures from the Ministry of Justice come against a backdrop of headline-catching disputes such as the case of Russian tycoon Vladimir...
Carrying out the duties of an executor is both a privilege and a burden. You have been tasked with ensuring that someone’s wishes are carried out after their death, and this can often be more complex and take longer than you imagine. Some people prepare well for...
In today’s fast-paced world, it’s easy to put off important tasks, and writing a will is often one of them. However, having a will is crucial for ensuring your wishes are carried out after your death and providing peace of mind to your loved ones. In this...
Inheritance tax planning is a crucial aspect of financial management, yet it is often shrouded in misconceptions and myths. As the New Year begins, it’s an opportune time to debunk these common misunderstandings and shed light on the realities of effective...
When dealing with the administration of an estate, distributing the gifts is one of the final stages. It is important that executors do not make distributions too soon, to protect themselves and the estate against debts or claims. Executors are advised not to pay out...
‘Trusts are typically used to preserve assets for loved ones in private client estate planning, and many trusts are fairly inactive a lot of the time,’ says Jaime Denega, a solicitor in the wills and probate team with Wollens in South Devon. ‘Often action is only...