Millions of couples across the UK are choosing to forego marriage and live as cohabitees. However, without proper estate planning, they could be putting their finances at risk. Unlike their married counterparts, unmarried couples have no automatic right to...
Recent research has revealed that one fifth of parents have transferred assets to their children to lessen the amount of inheritance tax payable on their estates. Direct Line’s research revealed this amounted to more than 6.9 million parents and the...
ITV’s new Sunday night drama, Finding Alice, may appear far-fetched, but it highlights a number of themes we, at Martin Tolhurst, frequently encounter. Harry, the 48 year old property developer, has died unexpectedly. His family, while attempting to...
Sometimes the generosity of a friend or relative leaving you a gift in their will can backfire if it turns out your estate will need to pay tax on it or if there is a chance that it could be swallowed up in future care costs or in...
There is no denying that 2020 is a year which will go down in history - for many reasons. The global pandemic, Brexit, and the fallout from these events has had a significant impact on many areas of our lives. These events may have far-reaching implications...
Writing a Will at the moment comes with some extra complications, as the social distancing measures in place could make it harder to get a solicitor or to find someone to witness your Will. Experts are warning against self-directed videos following...
What’s one of the best things you can do for your loved ones, apart from caring for them well in this life? Sort out your paperwork before you die. Yes, that’s right. Imagine if you hold lots of accounts online where you receive payments for...
When to hand over power of attorney – a gentle guide for dementia sufferers and their family For years, the worry of cancer was one of the UK’s biggest health concerns. Now, another devastating disease has taken its place at the top of the...
Every year, thousands of people die intestate or without a will. That means they haven’t left any clear guidelines as to how they want their estate divided up among their beneficiaries. The numbers are incredible too, with around 70% of the UK...
High profile inheritance disputes follow celebrities and the super-rich as surely as night follows day, but such challenges are becoming increasingly common, whatever the values involved. Some of the names to have made headlines include the...
Making will is an important life decision that could save your relatives a great deal of heartache once you’ve gone. You can express your wishes, designate who gets what, and that’s the end of it. Or is it? Law firm Nockolds reported that...
First, what is an unclaimed estate? An unclaimed estate or unclaimed inheritance occurs when someone dies intestate, i.e. without leaving a will. It may also happen when an old will is in place and the person’s intended beneficiaries died. The general...
If you die without a will, who inherits your estate? Well let’s start with what intestacy is. The rules of the intestacy are the laws that determine who will inherit the estate of someone who dies without leaving a...
In November 2017, the Money section of The Times published an article about Maria Hillman and Paul Cutler who found that their father’s £300,000 estate suffered more than £100,000 in legal fees by the firm of solicitors who administered the...
Ten important items for you to consider before 6 April to reduce inheritance tax on your estate. Tax planning is an important part of your annual spring cleaning. If you want to take advantage of the allowances available to you this...
Paul Rothwell, Wills and Probate Solicitor in our Gravesend based Wills and Probate department comments on the recent case of Nahajec v Fowle. Recently there have been a couple of cases heard in court about estranged children successfully making claims...
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