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WILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING A Lasting Power of Attorney allows you to appoint one person or more than one person to deal with your property and financial affairs and/or make health and welfare decisions on your behalf. . Lasting Powers of Attorney are the most common form of power of attorney. They were introduced on 1 October 2007 and replaced enduring powers ofattorney.
EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the funds LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled THE RESIDENCE NIL RATE BAND Prior to the election earlier this year, a key promise in the Conservative Party’s manifesto was an increase in a married couples’ “nil rate band” (the amount they can ultimately pass to their children or others free of inheritance tax ) from £650,000 to 1 million. The Party had picked up on the fact that the nil rate band hadn’t kept up with house price increases which were INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport. WILLS PROBATE LEGAL ADVICE WEST SUSSEX Woods Legal specialising in Wills, Lasting Powers of Attorney and Probate for 10 years. Fees are clear and fixed. Legal advice in your home at no extra cost.WILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING A Lasting Power of Attorney allows you to appoint one person or more than one person to deal with your property and financial affairs and/or make health and welfare decisions on your behalf. . Lasting Powers of Attorney are the most common form of power of attorney. They were introduced on 1 October 2007 and replaced enduring powers ofattorney.
EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the funds LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled THE RESIDENCE NIL RATE BAND Prior to the election earlier this year, a key promise in the Conservative Party’s manifesto was an increase in a married couples’ “nil rate band” (the amount they can ultimately pass to their children or others free of inheritance tax ) from £650,000 to 1 million. The Party had picked up on the fact that the nil rate band hadn’t kept up with house price increases which were INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport.HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
ARE CHANGES TO THE INTESTACY RULES COMING? I read this week that there is another new initiative to try and reform the laws of intestacy to include cohabitees. The law of intestacy sets out what happens to someone’s assets if they do not leave a Will. It is estimated that approximately 70% of the population do not make a Will and therefore this law covers a considerable number of people. The law of intestacy looks after an individual WILLS PROBATE LEGAL ADVICE WEST SUSSEX Woods Legal specialising in Wills, Lasting Powers of Attorney and Probate for 10 years. Fees are clear and fixed. Legal advice in your home at no extra cost.WILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING A Lasting Power of Attorney allows you to appoint one person or more than one person to deal with your property and financial affairs and/or make health and welfare decisions on your behalf. . Lasting Powers of Attorney are the most common form of power of attorney. They were introduced on 1 October 2007 and replaced enduring powers ofattorney.
EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the funds LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
THE RESIDENCE NIL RATE BAND Prior to the election earlier this year, a key promise in the Conservative Party’s manifesto was an increase in a married couples’ “nil rate band” (the amount they can ultimately pass to their children or others free of inheritance tax ) from £650,000 to 1 million. The Party had picked up on the fact that the nil rate band hadn’t kept up with house price increases which were AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport. WILLS PROBATE LEGAL ADVICE WEST SUSSEX Woods Legal specialising in Wills, Lasting Powers of Attorney and Probate for 10 years. Fees are clear and fixed. Legal advice in your home at no extra cost.WILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING A Lasting Power of Attorney allows you to appoint one person or more than one person to deal with your property and financial affairs and/or make health and welfare decisions on your behalf. . Lasting Powers of Attorney are the most common form of power of attorney. They were introduced on 1 October 2007 and replaced enduring powers ofattorney.
EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the funds LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
THE RESIDENCE NIL RATE BAND Prior to the election earlier this year, a key promise in the Conservative Party’s manifesto was an increase in a married couples’ “nil rate band” (the amount they can ultimately pass to their children or others free of inheritance tax ) from £650,000 to 1 million. The Party had picked up on the fact that the nil rate band hadn’t kept up with house price increases which were AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport.HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g ARE CHANGES TO THE INTESTACY RULES COMING? I read this week that there is another new initiative to try and reform the laws of intestacy to include cohabitees. The law of intestacy sets out what happens to someone’s assets if they do not leave a Will. It is estimated that approximately 70% of the population do not make a Will and therefore this law covers a considerable number of people. The law of intestacy looks after an individualWILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. WILLS PROBATE LEGAL ADVICE WEST SUSSEX Woods Legal specialising in Wills, Lasting Powers of Attorney and Probate for 10 years. Fees are clear and fixed. Legal advice in your home at no extra cost.WILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING A Lasting Power of Attorney allows you to appoint one person or more than one person to deal with your property and financial affairs and/or make health and welfare decisions on your behalf. . Lasting Powers of Attorney are the most common form of power of attorney. They were introduced on 1 October 2007 and replaced enduring powers ofattorney.
EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the funds LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
THE RESIDENCE NIL RATE BAND Prior to the election earlier this year, a key promise in the Conservative Party’s manifesto was an increase in a married couples’ “nil rate band” (the amount they can ultimately pass to their children or others free of inheritance tax ) from £650,000 to 1 million. The Party had picked up on the fact that the nil rate band hadn’t kept up with house price increases which were AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport. WILLS PROBATE LEGAL ADVICE WEST SUSSEX Woods Legal specialising in Wills, Lasting Powers of Attorney and Probate for 10 years. Fees are clear and fixed. Legal advice in your home at no extra cost.WILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING A Lasting Power of Attorney allows you to appoint one person or more than one person to deal with your property and financial affairs and/or make health and welfare decisions on your behalf. . Lasting Powers of Attorney are the most common form of power of attorney. They were introduced on 1 October 2007 and replaced enduring powers ofattorney.
EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the funds LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
THE RESIDENCE NIL RATE BAND Prior to the election earlier this year, a key promise in the Conservative Party’s manifesto was an increase in a married couples’ “nil rate band” (the amount they can ultimately pass to their children or others free of inheritance tax ) from £650,000 to 1 million. The Party had picked up on the fact that the nil rate band hadn’t kept up with house price increases which were AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport.HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g ARE CHANGES TO THE INTESTACY RULES COMING? I read this week that there is another new initiative to try and reform the laws of intestacy to include cohabitees. The law of intestacy sets out what happens to someone’s assets if they do not leave a Will. It is estimated that approximately 70% of the population do not make a Will and therefore this law covers a considerable number of people. The law of intestacy looks after an individualWILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. WILLS PROBATE LEGAL ADVICE WEST SUSSEX Woods Legal specialising in Wills, Lasting Powers of Attorney and Probate for 10 years. Fees are clear and fixed. Legal advice in your home at no extra cost.WILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING A Lasting Power of Attorney allows you to appoint one person or more than one person to deal with your property and financial affairs and/or make health and welfare decisions on your behalf. . Lasting Powers of Attorney are the most common form of power of attorney. They were introduced on 1 October 2007 and replaced enduring powers ofattorney.
LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the funds AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g THE RESIDENCE NIL RATE BAND Prior to the election earlier this year, a key promise in the Conservative Party’s manifesto was an increase in a married couples’ “nil rate band” (the amount they can ultimately pass to their children or others free of inheritance tax ) from £650,000 to 1 million. The Party had picked up on the fact that the nil rate band hadn’t kept up with house price increases which were INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport. WILLS PROBATE LEGAL ADVICE WEST SUSSEX Woods Legal specialising in Wills, Lasting Powers of Attorney and Probate for 10 years. Fees are clear and fixed. Legal advice in your home at no extra cost.WILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING A Lasting Power of Attorney allows you to appoint one person or more than one person to deal with your property and financial affairs and/or make health and welfare decisions on your behalf. . Lasting Powers of Attorney are the most common form of power of attorney. They were introduced on 1 October 2007 and replaced enduring powers ofattorney.
LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the funds AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g THE RESIDENCE NIL RATE BAND Prior to the election earlier this year, a key promise in the Conservative Party’s manifesto was an increase in a married couples’ “nil rate band” (the amount they can ultimately pass to their children or others free of inheritance tax ) from £650,000 to 1 million. The Party had picked up on the fact that the nil rate band hadn’t kept up with house price increases which were INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport. EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
ARE CHANGES TO THE INTESTACY RULES COMING? I read this week that there is another new initiative to try and reform the laws of intestacy to include cohabitees. The law of intestacy sets out what happens to someone’s assets if they do not leave a Will. It is estimated that approximately 70% of the population do not make a Will and therefore this law covers a considerable number of people. The law of intestacy looks after an individual ARE TRUSTS A “TAX LOOPHOLE” EXPLOITED BY THE WEALTHY? The Times newspaper last week carried the headline “Duke of Westminster’s £8bn fortune escapes death duties”. In the article, it was reported that on the face of the probate granted in respect of the late Duke’s Estate, personal wealth of £616 million was mostly left on life interest trusts for his widow Natalia. Assets left to, or in trust for, a widow are inheritance tax free due WILLS PROBATE LEGAL ADVICE WEST SUSSEX Woods Legal specialising in Wills, Lasting Powers of Attorney and Probate for 10 years. Fees are clear and fixed. Legal advice in your home at no extra cost.WILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING General Power of Attorney This document is normally used for 'one off events' and for a short period of time. For example, you may be in the middle of an important transaction but at the same time about to leave the country on holiday. LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the fundsHOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
THE RESIDENCE NIL RATE BAND Prior to the election earlier this year, a key promise in the Conservative Party’s manifesto was an increase in a married couples’ “nil rate band” (the amount they can ultimately pass to their children or others free of inheritance tax ) from £650,000 to 1 million. The Party had picked up on the fact that the nil rate band hadn’t kept up with house price increases which were ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport. WILLS PROBATE LEGAL ADVICE WEST SUSSEX Woods Legal specialising in Wills, Lasting Powers of Attorney and Probate for 10 years. Fees are clear and fixed. Legal advice in your home at no extra cost.WILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING General Power of Attorney This document is normally used for 'one off events' and for a short period of time. For example, you may be in the middle of an important transaction but at the same time about to leave the country on holiday. LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the fundsHOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
THE RESIDENCE NIL RATE BAND Prior to the election earlier this year, a key promise in the Conservative Party’s manifesto was an increase in a married couples’ “nil rate band” (the amount they can ultimately pass to their children or others free of inheritance tax ) from £650,000 to 1 million. The Party had picked up on the fact that the nil rate band hadn’t kept up with house price increases which were ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport.HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries.HOMEMADE WILLS
The simple answer is yes they are. Homemade wills are, generally, easier to challenge. There are a number of things which a Court will be looking for when it considers whether a testator was capable of making a Will. Firstly, the testator must have had the requisite mental capacity to make a will. Second, they must also know and approve the contents of that Will. ARE CHANGES TO THE INTESTACY RULES COMING? I read this week that there is another new initiative to try and reform the laws of intestacy to include cohabitees. The law of intestacy sets out what happens to someone’s assets if they do not leave a Will. It is estimated that approximately 70% of the population do not make a Will and therefore this law covers a considerable number of people. The law of intestacy looks after an individual WILLS PROBATE LEGAL ADVICE WEST SUSSEX Woods Legal specialising in Wills, Lasting Powers of Attorney and Probate for 10 years. Fees are clear and fixed. Legal advice in your home at no extra cost.WILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING A Lasting Power of Attorney allows you to appoint one person or more than one person to deal with your property and financial affairs and/or make health and welfare decisions on your behalf. . Lasting Powers of Attorney are the most common form of power of attorney. They were introduced on 1 October 2007 and replaced enduring powers ofattorney.
LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the funds AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g THE RESIDENCE NIL RATE BAND Prior to the election earlier this year, a key promise in the Conservative Party’s manifesto was an increase in a married couples’ “nil rate band” (the amount they can ultimately pass to their children or others free of inheritance tax ) from £650,000 to 1 million. The Party had picked up on the fact that the nil rate band hadn’t kept up with house price increases which were INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport. WILLS PROBATE LEGAL ADVICE WEST SUSSEX Woods Legal specialising in Wills, Lasting Powers of Attorney and Probate for 10 years. Fees are clear and fixed. Legal advice in your home at no extra cost.WILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING A Lasting Power of Attorney allows you to appoint one person or more than one person to deal with your property and financial affairs and/or make health and welfare decisions on your behalf. . Lasting Powers of Attorney are the most common form of power of attorney. They were introduced on 1 October 2007 and replaced enduring powers ofattorney.
LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the funds AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g THE RESIDENCE NIL RATE BAND Prior to the election earlier this year, a key promise in the Conservative Party’s manifesto was an increase in a married couples’ “nil rate band” (the amount they can ultimately pass to their children or others free of inheritance tax ) from £650,000 to 1 million. The Party had picked up on the fact that the nil rate band hadn’t kept up with house price increases which were INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport. EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
ARE CHANGES TO THE INTESTACY RULES COMING? I read this week that there is another new initiative to try and reform the laws of intestacy to include cohabitees. The law of intestacy sets out what happens to someone’s assets if they do not leave a Will. It is estimated that approximately 70% of the population do not make a Will and therefore this law covers a considerable number of people. The law of intestacy looks after an individual ARE TRUSTS A “TAX LOOPHOLE” EXPLOITED BY THE WEALTHY? The Times newspaper last week carried the headline “Duke of Westminster’s £8bn fortune escapes death duties”. In the article, it was reported that on the face of the probate granted in respect of the late Duke’s Estate, personal wealth of £616 million was mostly left on life interest trusts for his widow Natalia. Assets left to, or in trust for, a widow are inheritance tax free due WILLS PROBATE LEGAL ADVICE WEST SUSSEX Woods Legal specialising in Wills, Lasting Powers of Attorney and Probate for 10 years. Fees are clear and fixed. Legal advice in your home at no extra cost.WILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING A Lasting Power of Attorney allows you to appoint one person or more than one person to deal with your property and financial affairs and/or make health and welfare decisions on your behalf. . Lasting Powers of Attorney are the most common form of power of attorney. They were introduced on 1 October 2007 and replaced enduring powers ofattorney.
LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the funds AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g THE RESIDENCE NIL RATE BAND Prior to the election earlier this year, a key promise in the Conservative Party’s manifesto was an increase in a married couples’ “nil rate band” (the amount they can ultimately pass to their children or others free of inheritance tax ) from £650,000 to 1 million. The Party had picked up on the fact that the nil rate band hadn’t kept up with house price increases which were INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport. WILLS PROBATE LEGAL ADVICE WEST SUSSEX Woods Legal specialising in Wills, Lasting Powers of Attorney and Probate for 10 years. Fees are clear and fixed. Legal advice in your home at no extra cost.WILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING A Lasting Power of Attorney allows you to appoint one person or more than one person to deal with your property and financial affairs and/or make health and welfare decisions on your behalf. . Lasting Powers of Attorney are the most common form of power of attorney. They were introduced on 1 October 2007 and replaced enduring powers ofattorney.
LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the funds AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g THE RESIDENCE NIL RATE BAND Prior to the election earlier this year, a key promise in the Conservative Party’s manifesto was an increase in a married couples’ “nil rate band” (the amount they can ultimately pass to their children or others free of inheritance tax ) from £650,000 to 1 million. The Party had picked up on the fact that the nil rate band hadn’t kept up with house price increases which were INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport. EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
ARE CHANGES TO THE INTESTACY RULES COMING? I read this week that there is another new initiative to try and reform the laws of intestacy to include cohabitees. The law of intestacy sets out what happens to someone’s assets if they do not leave a Will. It is estimated that approximately 70% of the population do not make a Will and therefore this law covers a considerable number of people. The law of intestacy looks after an individual ARE TRUSTS A “TAX LOOPHOLE” EXPLOITED BY THE WEALTHY? The Times newspaper last week carried the headline “Duke of Westminster’s £8bn fortune escapes death duties”. In the article, it was reported that on the face of the probate granted in respect of the late Duke’s Estate, personal wealth of £616 million was mostly left on life interest trusts for his widow Natalia. Assets left to, or in trust for, a widow are inheritance tax free due WILLS PROBATE LEGAL ADVICE WEST SUSSEX Woods Legal specialising in Wills, Lasting Powers of Attorney and Probate for 10 years. Fees are clear and fixed. Legal advice in your home at no extra cost. PROBATE SERVICES WEST SUSSEX Probate is the process of applying for the right to administer the estate (eg property, assets and money) of a person who has passed away and the procedure that follows from this. The person who administers the estate is the 'personal representative'. Who this is depends on whether the deceased left aWILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING A Lasting Power of Attorney allows you to appoint one person or more than one person to deal with your property and financial affairs and/or make health and welfare decisions on your behalf. . Lasting Powers of Attorney are the most common form of power of attorney. They were introduced on 1 October 2007 and replaced enduring powers ofattorney.
EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the funds LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport. WILLS PROBATE LEGAL ADVICE WEST SUSSEX Woods Legal specialising in Wills, Lasting Powers of Attorney and Probate for 10 years. Fees are clear and fixed. Legal advice in your home at no extra cost. PROBATE SERVICES WEST SUSSEX Probate is the process of applying for the right to administer the estate (eg property, assets and money) of a person who has passed away and the procedure that follows from this. The person who administers the estate is the 'personal representative'. Who this is depends on whether the deceased left aWILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING A Lasting Power of Attorney allows you to appoint one person or more than one person to deal with your property and financial affairs and/or make health and welfare decisions on your behalf. . Lasting Powers of Attorney are the most common form of power of attorney. They were introduced on 1 October 2007 and replaced enduring powers ofattorney.
EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the funds LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport. EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. THE RESIDENCE NIL RATE BAND Prior to the election earlier this year, a key promise in the Conservative Party’s manifesto was an increase in a married couples’ “nil rate band” (the amount they can ultimately pass to their children or others free of inheritance tax ) from £650,000 to 1 million. The Party had picked up on the fact that the nil rate band hadn’t kept up with house price increases which wereHOMEMADE WILLS
The simple answer is yes they are. Homemade wills are, generally, easier to challenge. There are a number of things which a Court will be looking for when it considers whether a testator was capable of making a Will. Firstly, the testator must have had the requisite mental capacity to make a will. Second, they must also know and approve the contents of that Will. ARE CHANGES TO THE INTESTACY RULES COMING? I read this week that there is another new initiative to try and reform the laws of intestacy to include cohabitees. The law of intestacy sets out what happens to someone’s assets if they do not leave a Will. It is estimated that approximately 70% of the population do not make a Will and therefore this law covers a considerable number of people. The law of intestacy looks after an individual WILLS PROBATE LEGAL ADVICE WEST SUSSEX Woods Legal specialising in Wills, Lasting Powers of Attorney and Probate for 10 years. Fees are clear and fixed. Legal advice in your home at no extra cost.WILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. PROBATE SERVICES WEST SUSSEX What is a Grant of Representation? This is the legal document issued by the Probate Registry granting the right to administer the estate. The document Will either be a 'Grant of Probate', where a Will was left, or a 'Grant of Letters of Administration', where no Will was left or where it is found to be invalid. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING General Power of Attorney This document is normally used for 'one off events' and for a short period of time. For example, you may be in the middle of an important transaction but at the same time about to leave the country on holiday. EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the funds LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport. WILLS PROBATE LEGAL ADVICE WEST SUSSEX Woods Legal specialising in Wills, Lasting Powers of Attorney and Probate for 10 years. Fees are clear and fixed. Legal advice in your home at no extra cost.WILLS ANGMERING
Over half of the United Kingdom’s adult population do not have a legal Will. Although it is not pleasant to think about passing away and leaving your loved ones, it is important that you have your affairs in order for what is unfortunately an inevitable event. PROBATE SERVICES WEST SUSSEX What is a Grant of Representation? This is the legal document issued by the Probate Registry granting the right to administer the estate. The document Will either be a 'Grant of Probate', where a Will was left, or a 'Grant of Letters of Administration', where no Will was left or where it is found to be invalid. POWERS-OF-ATTORNEY WEST SUSSEX| ANGMERING General Power of Attorney This document is normally used for 'one off events' and for a short period of time. For example, you may be in the middle of an important transaction but at the same time about to leave the country on holiday. EXECUTORS – WHY GETTING IT RIGHT IS SO IMPORTANT. When we mention preparing a Will, many individuals assume the only significant point to consider is who is going to receive what under your Will and how much. This is of course vital, but so is the appointment of your Executors. A newspaper recently reported on an Executor who was required to split the estate’s funds (£240,000) equally between two beneficiaries. Instead, he spent the funds LASTING POWERS OF ATTORNEY A Lasting Power of Attorney (LPA) is a legal document which enables you to decide who you trust to make decisions about your finances, property or healthcare, in the event you are no longer able to do so, and appoint them as your Attorney. Age-related issues such as dementia are often the reason that people are no longer able to make suchdecisions.
HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled AVOID PAYING CARE HOME FEES With the average nursing home fees now costing around £1,000 a week the question of paying for care in old age has become an increasingly hot topic. A common question I get asked is ‘If I give away my Assets, will the Local Authority pay my fees?’ Giving away assets to your children or other relatives may seem like a g INHERITANCE TAX PAID EXCEEDS £5BILLION The payment of £5.1 Billion in the tax year 2016/17 is a rise of 9% on the previous year, when £4.7 Billion was paid to HMRC. Although the amount of inheritance tax being received equates to just 0.25% of Gross Domestic Product, it is nevertheless an easy tax for HMRC tocollect.
ARE YOU HEADING ABROAD THIS SUMMER WITH YOUR CHILD? DON’T Its a well known fact that lots of parents do not share the same surname as their child and travel without their child’s other parent. I was talking to my friend recently who, on returning into the UK, was met by a slightly grumpy Passport Control officer who demanded to see her child’s birth certificate. Of course, she did not have it; just the passport.HOME MADE WILLS
Some of you may have seen the article in the papers yesterday about how a group of animal charities are taking grieving man to court over the validity of his late partner's home made Will, and how so far this legal action has cost him over £10,000. The homemade Will in question was signed by the Testator and witnessed but yet the validity is still being contested due to it not being stapled THE RESIDENCE NIL RATE BAND Prior to the election earlier this year, a key promise in the Conservative Party’s manifesto was an increase in a married couples’ “nil rate band” (the amount they can ultimately pass to their children or others free of inheritance tax ) from £650,000 to 1 million. The Party had picked up on the fact that the nil rate band hadn’t kept up with house price increases which wereHOMEMADE WILLS
The simple answer is yes they are. Homemade wills are, generally, easier to challenge. There are a number of things which a Court will be looking for when it considers whether a testator was capable of making a Will. Firstly, the testator must have had the requisite mental capacity to make a will. Second, they must also know and approve the contents of that Will. ARE CHANGES TO THE INTESTACY RULES COMING? I read this week that there is another new initiative to try and reform the laws of intestacy to include cohabitees. The law of intestacy sets out what happens to someone’s assets if they do not leave a Will. It is estimated that approximately 70% of the population do not make a Will and therefore this law covers a considerable number of people. The law of intestacy looks after an individual*
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LEGAL ADVICE IN YOUR HOME AT NO EXTRA COST Specialising in all areas of Private Client work for over 10 years. All Woods Legal's fees are clear and fixed so there will never be hidden costs or extras.ABOUT WOODS LEGAL
We have over 11 years experience of providing high class Private Client services to clients in Sussex, Hampshire and beyond.
Our principal, Lucy Woods, set up the firm with the aim of providing clear, professional advice at an affordable price. Having worked in solicitors firms since 2006 and gaining a wealth of experience in dealing with clients, she felt that there was the potential to work with people on a more personable and approachable level while still providing excellent advice and service.
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