Understanding the 7-Year Rule in Inheritance Tax
The "7-year rule" plays a crucial role in determining whether gifts made by an individual during [...]
Can a Power of Attorney Be a Beneficiary in a Will?
The question of whether a person who holds a power of attorney (POA) can also be [...]
Ilott v Mitson: A Landmark Case in Contesting Wills and the Importance of Proper Will Drafting
When it comes to wills and inheritance, clarity and precision are key. The case of Ilott [...]
The Impact of Inheritance Tax on Family Businesses
Family businesses form the backbone of many economies, providing employment, fostering innovation, and contributing significantly to [...]
What Happens When You Include Charities in Your Will?
Including charities in your will is a noble and impactful decision that can leave a lasting [...]
How Long is a Power of Attorney Valid For?
A Power of Attorney (POA) is a crucial legal document that grants an individual the authority [...]
Understanding the 7-Year Rule for Inheritance Tax
Inheritance tax can be challenging, but understanding certain key provisions can significantly impact estate planning and [...]
Do I Need a Will If I Am Married?
When considering the financial and legal aspects of married life, one crucial question that often emerges [...]
What Happens to the Power of Attorney after Death?
When someone passes away, it’s important to understand what happens to their Power of Attorney. A [...]
Strategies to Protect Your Estate for Future Generations
Inheritance tax (IHT) can significantly reduce the wealth passed down to your loved ones. However, with [...]