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The difference between Wills and Trusts

The difference between Wills and Trusts

Whilst Wills and Trusts do have a lot of overlap, there are also several differences between the two. Ultimately, both are ways to say who will receive a persons assets. They just do it in different ways, and each has its own advantages and disadvantages.   A...
Common misunderstandings of LPAs

Common misunderstandings of LPAs

A survey carried out by Which? has revealed that, although most of the public understand what a Lasting Power of Attorney is, there is confusion as to how the documents operate.   A Lasting Power of Attorney (LPA) is a document that allows a person, called the...
Benefits of Nil Rate Band Trusts

Benefits of Nil Rate Band Trusts

A nil rate band trust is a flexible trust contained within a Will that allows the testator to leave their available nil rate band into trust under the terms of the will. Prior to the Finance Act 2008, it was not possible to transfer the nil rate band allowance between...
Business prep for 2023

Business prep for 2023

Although as a business it is important to look ahead, it can be very beneficial to look back at how your business has performed over the past year. Thinking about the goals your business set for 2022, be honest with yourself and ask if you have achieved them.  ...