by BTWC Ltd | Apr 6, 2016 | Estate Planning Insights
An additional Residence Nil Rate Band (RNRB) will be available for deaths on or after 6th April 2017 where a residence or interest in a residence is ‘closely inherited’. This means that it must pass to a lineal descendant or to spouse/civil partner of a lineal...
by BTWC Ltd | Mar 1, 2016 | Estate Planning Insights
The political publicity machine has proudly boasted that "no one during their own lifetime will be forced into selling their home to pay for care". But is there more to this than meets the eye? The Facts If a home owner requires long term care, the local authority...
by BTWC Ltd | Feb 23, 2016 | Estate Planning Insights
The BBC has this week reported that the Ministry of Justice are proposing an increase in probate death fees to as much as £20,000 for those with large estates. Currently, fees are fixed at either £155 or £215 and under the new proposals it is suggested that most...
by BTWC Ltd | Feb 9, 2016 | Estate Planning Insights
Our legal team have been considering the experiences of many clients who request support to obtain Deputyship over their loved ones property and financial affairs. Often they say that they wished they had acted sooner, and made the appropriate arrangements prior to...
by BTWC Ltd | Jan 21, 2016 | Estate Planning Insights
Quite often when considering the importance of wills, particularly for those people with complex family situations or reasonably large estates, the statement is made, “Why can’t I just give away my assets during lifetime? The taxman will never know.” Theoretically...
by BTWC Ltd | Jan 13, 2016 | Estate Planning Insights
As we start a new year, so the government starts a new review into legal services in England and Wales to see if the sector is working well for consumers and small businesses. The Competition and Markets Authority (CMA) has set out its intention to examine long...