A blog from Harries Watkins Jones
News, information and explanations about Probate, Wills, Lasting Power of Attorney, Inheritance Tax and related topics, from our team of tax and legal experts. We hope you find them useful and informative. If you have any suggestions for future articles please let us know.
It is a common mistake to think that once you have made a Will you don`t need to check its contents regularly.
Many of you may not be familiar with the term Lasting Power of Attorney but it is vital that you are. A Lasting Power of Attorney or LPA enables someone you trust (an Attorney ) to deal with your everyday affairs should you become incapacitated for any reason.
Over half of all adults currently living in the UK do not have a Will. What does this mean for them in the future?
To illustrate this point we can look at two of the most talented and highly regarded legends in the music industry, Jimi Hendrix and John Lennon.
You may not need to apply for a Grant of Probate if everything you own is held jointly with your husband or wife including your matrimonial home.
After conducting the initial search of the deceased`s property if you are unable to locate a Will what should you do Next?
The Government is set to increase the current Probate fee to £273 for all applicants. Their argument being that it costs more to deal with the applications at the Probate Registry than the fees currently being charged.
However, at the same time the new online application process for obtaining a Grant of Probate has seen long delays…
There are increasing concerns amongst Probate professionals in relation to accessing digital assets when dealing with estate administration. Recent research has discovered problems surrounding property rights to such assets.
A Lasting Power of Attorney is an important legal document and sets out your wishes as to whom you wish to act for you should you become incapacitated for whatever reason in the future. It provides your attorney with the power to make important decisions on your behalf.
How long does Probate take is a common question people ask and in reality, there is no definite answer to this as each and every deceased person`s estate is unique to them.
A recent case of Rainey v Weller illustrates this problem although this particular case predates the current Covid pandemic.
Your Will remains a private document until the Grant of Probate is obtained. Until that point it is only the executors who are entitled to see it.
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