by Emma Lowe | Apr 12, 2022 | Will Trusts
What is Cryptocurrency? Cryptocurrency is a digital payment system that allows you to hold the currency in a digital wallet. It is an intangible asset unlike cash, so there is no physical hard-copy asset. The digital wallet is a web-based or hardware-based system. The...
by Emma Lowe | Feb 3, 2022 | Will Trusts
In the realm of estate planning and testamentary matters, the Last Will and Testament holds a significant place. It's a document that dictates how a person's assets and possessions are to be distributed after their demise. However, the question arises: Can a will be...
by Emma Lowe | Jan 12, 2022 | Will Trusts
You may have clients who have an Enduring Power of Attorney (EPA) in place. EPA’s were replaced by Lasting Power of Attorneys (LPA’s) from 1st October 2007 so it’s not been possible to create EPA’s since then. Your clients may ask you, if they have an EPA in place,...
by Emma Lowe | Oct 30, 2021 | Will Trusts
A common client question: How do Inheritance Tax rules apply for those that own buy-to-let properties? Typically, inheritance tax is payable on buy-to-let properties as they will form part of an estate when a person dies. Inheritance tax is charged by HMRC at a rate...
by Emma Lowe | Oct 14, 2021 | Will Trusts
Lifetime trusts are not uncommon and can be an extremely useful tool in estate planning. There are many benefits to creating a lifetime trust and, yes, one of these could be avoiding the need for your executors to obtain a Grant of Probate when you die. A Grant of...
by Emma Lowe | Oct 11, 2021 | Will Trusts
A common question many clients ask is; in the scenario that more than one executor is appointed, should the executors act jointly or can they act independently? If more than one Executor is appointed to act then they must act together as they will have equal...
